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Shares of Relaxo Footwears lost 6.64% to Rs 960 after the footwear maker posted a 38.4% decline in net profit to Rs 62.93 crore in Q4 FY22 from Rs 102.17 crore recorded in Q4 FY21.

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Nifty Bank and Nifty Financial Services fell nearly 2% each. Nifty FMCG and Nifty Metal also slipped over 1.5% each.

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Hindalco Industries slipped 2.67% to Rs 411.60 after Novelis reported 15% fall in adjusted EBITDA to $431 million in Q4 FY22 from $505 million in Q4 FY21.

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US consumer prices in April were up by 8.3 percent compared to the same month a year ago, report released by the Labor Department on Wednesday showed. The annual rate of growth slowed from a 40-year high of 8.5 percent in March. Energy prices skyrocketed by 30.3 percent year-over-year, while food prices spiked by 9.4 percent, reflecting the largest yearly increase since the period ending […]

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Tata Teleservices (Maharashtra) Ltd has lost 35.8% over last one month compared to 15.46% fall in S&P BSE Telecom index and 9.08% drop in the SENSEX

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Business Wire India Results for the fourth quarter and full year ended March 31, 2022   Q4FY22 Revenue at Rs. 39,700 mn; up 35% YoY Q4FY22 EBITDA at Rs. 4,760 mn; up 18% YoY Q4FY22 PAT at Rs. 3,253 mn; up 20% YoY FY22 Revenue at Rs. 1,22,038 mn; up 39% YoY FY22 EBITDA at Rs. 12,626 mn; up 14% YoY Polycab India Limited (BSE: […]

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