News Overview

The completion of this acquisition depends on fulfilment of conditions precedent and in accordance with the terms agreed upon in the SPA.

Company’s Total income stands at Rs1,096.93 crore in Q4FY22, up by 46% QoQ as against Rs763.87 crore in Q3FY22.

Emami Ltd is quoting at Rs 490.3, up 1.03% on the day as on 12:54 IST on the NSE. The stock is down 3.65% in last one year as compared to a 16.76% gain in NIFTY and a 10.74% gain in the Nifty FMCG index.

Biocon Ltd is quoting at Rs 383.1, up 0.59% on the day as on 12:49 IST on the NSE. The stock is down 3.77% in last one year as compared to a 16.72% spurt in NIFTY and a 0.99% spurt in the Nifty Pharma.

Colgate-Palmolive (India) Ltd is quoting at Rs 1619.25, up 0.53% on the day as on 12:49 IST on the NSE. The stock is up 8.31% in last one year as compared to a 16.72% gain in NIFTY and a 10.74% gain in the Nifty FMCG.

WTI crude oil prices seem to have lost the psychological support of $100 as demand worries escalate amid Chinas worsening Covid situation. Chinas central bank on Tuesday pledged to increase support for the economy as authorities in Beijing expanded virus testing to most of the city, raising concerns about a lockdown of the capital. Meanwhile, China will keep liquidity reasonably ample in financial markets, the […]

The partnership leverages both companies’ extensive expertise in data-driven digital transformation.

Meghmani Finechem (MFL) rallied 10.78% to Rs 1433.05 after the company reported a 202% jump in consolidated net profit to Rs 99 crore on a 93% rise in revenue from operations to Rs 499 crore in Q4 FY22 over Q4 FY21.

The main purpose of this fund raise plan is to increase the minimum public shareholding.

Veranda Learning Solutions was locked in an upper circuit of 5% at Rs 208.45 on signing a definitive agreement to acquire T.I.M.E. (Advanced Educational Activities) for a consideration of Rs 287 crore.