News Overview

The domestic equity benchmarks extended its intraday low during mid-afternoon trade. The Nifty traded below 15,800 level. All the sectoral indices on the NSE were traded in red, with bank, metal and consumer durables falling the most. Rising global inflation and consequent tightening of monetary policy by major central banks dented the investor sentiment. At 14:22 IST, the barometer index, S&P BSE Sensex plunged 1,248.84 […]

The UK economy expanded at a slower pace in the first quarter, as per the data released by the Office for National Statistics. UK gross domestic product (GDP) is estimated to have increased by 0.8% in Quarter 1 (Jan to Mar) 2022, and by 8.7% compared with Quarter 1 2021. In output terms, services increased by 0.4%. In Quarter 1 2022, there was a 0.6% […]

A measure of the public assessment of the Japanese economy improved in April, survey data from the Cabinet Office showed. The current conditions index of the Economy Watchers Survey, which measures the present situation of the economy, advanced to 50.4 in April from 57.8 in March. The index registered a reading above 50.0 for the fist time in four months. The outlook index that signals […]

According to the Office for National Statistics, UK monthly services output fell by 0.2% between February and March 2022, reaching a level that was 1.5% above February 2020, which was the last month of normal trading conditions prior to the coronavirus (COVID-19) pandemic. There were falls in 7 of the 14 sectors in the Index of Services during March 2022. The largest negative contribution to […]

Skipper rose 10.15% to Rs 61.85 after the companys standalone net profit surged 176.6% to Rs 25.12 crore on 11.1% rise in revenues to Rs 552.65 crore in Q4 March 2022 over Q4 March 2021.

Consumer Durables stocks were trading with losses, with the S&P BSE Consumer Durables index decreasing 1151.26 points or 3.1% at 36019.61 at 13:48 IST.

Power stocks were trading in red, with the S&P BSE Power index decreasing 140.83 points or 3.13% at 4354 at 13:48 IST.

Metal stocks were trading in red, with the S&P BSE Metal index decreasing 733.92 points or 3.84% at 18381.15 at 13:48 IST.

The Company has received purchase orders for the development of solar power projects aggregating to a capacity of around 15 MWp in the states of Goa, Gujarat and Punjab.

Sales rise 48.26% to Rs 145.00 crore