News Overview

Sales rise 192.79% to Rs 31.68 crore

Sales rise 25.09% to Rs 92.72 crore

OPM down 670 bps to 21.7%

At 76.4250/4400 per Dollar

Domestic shares ended with steep losses on Wednesday, declining for the third straight day. Indices opened near the flat line, but declined sharply in the afternoon trade after the Reserve Bank of India (RBI) announced an unanticipated interest rate hike of 40 basis points. The barometer index, S&P BSE Sensex dropped 1,306.96 points or 2.29% to 55,669.03. The Nifty 50 index lost 391.50 points or […]

The sharper than expected rate increase by the RBI today paves the way for a more aggressive rate hike cycle than we earlier expected: Mr. Abheek Barua, Chief Economist, HDFC Bank

Crude oil prices resume uptrend on Wednesday as EU, the worlds largest trading bloc, planned to phase out imports of Russian oil, offsetting demand worries in top importer China. West Texas Intermediate crude futures rose more than 3% to above $106 a barrel. European Commission President Ursula von der Leyen on Wednesday proposed a phased oil embargo on Russia over its war in Ukraine, as […]

Sales rise 19.85% to Rs 598.01 crore

Sales rise 2.06% to Rs 23.33 crore

Sales decline 23.71% to Rs 0.74 crore