Weak revenue growth, fall in profit likely on the cards
Mahanagar Gas (MGL) reported 38.1% fall in net profit to Rs 131.80 crore on a 51.4% increase in net revenue from operations to Rs 1,086.77 crore in Q4 FY22 over Q4 FY21.
Australia Westpac-Melbourne Institute Index of Consumer Sentiment fell by 5.6% to 90.4 in May from 95.8 in April. The Index is now at its lowest level since August 2020 when households were unnerved by the second wave lock-down in Victoria. The weakness in this survey is not related to another pandemic shock but to the combination of rising cost of living pressures and the prospect […]
Wipro will enable Crédit Agricole CIB to embrace the latest cloud technologies and agile practices.
Oil and Gas stocks were trading with gains, with the S&P BSE Oil&Gas index rising 183.14 points or 0.99% at 18772.7 at 09:48 IST.
Utilties stocks were trading with gains, with the S&P BSE Utilities index rising 57.81 points or 1.51% at 3879.21 at 09:48 IST.
Power stocks were trading with gains, with the S&P BSE Power index increasing 68.6 points or 1.52% at 4583.85 at 09:48 IST.
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