News Overview

Gujarat Mineral Development Corporation (GMDC) jumped 5.29% to Rs 214.10 after the company reported consolidated net profit of Rs 176.99 crore in Q4 March 2022 as against net loss of Rs 184.64 crore in Q4 March 2021.

The date of issue is April 25, 2022 and Redemption Date will be June 24, 2022.

Overall plant utilization increased to 87% in FY22 compared to 81% in FY21.

COMEX Gold futures slipped by nearly $30 per barrel in last session as the US dollar index hit near 102 mark and oil prices plummeted. The overall mood remains cautious now after recent slide as the prices have moved to a two month low of $1900 per ounce. Chinese Covid-19 cases count stays elevated and bargain buying is possible in Gold at the current levels. […]

The US oil and gas rig count is up two from last week at 695 rigs, latest data from Baker Hughes showed. A year ago, 438 rigs were active. The count shows that 549 rigs sought oil, up one from the previous week, and 144 explored for natural gas, up one from the previous week. The U.S. rig count peaked at 4,530 in 1981. It […]

For supply of its range of insulin Insugen

Sales rise 19.61% to Rs 20.43 crore

Muted quarter likely for the company

The Indian rupee could see some respite in early trades on Tuesday, 26 April 2022 as dollar is off its overnight peaks although rebound in crude oil prices could dampen sentiments. Sustained foreign fund outflows, persistent fears of rising China covid cases and its overall impact on global economic outlook continues to keep risk appetite lower. On Monday, rupee declined 26 paise to close at […]

PNB assures one of the best banking service delivery infrastructure and a strong branch network in the country