Banking stocks were trading in the negative zone, with the S&P BSE BANKEX index falling 370.51 points or 0.88% at 41513.65 at 13:51 IST.
Financials stocks were trading with losses, with the S&P BSE Finance index falling 41.83 points or 0.53% at 7848.67 at 13:51 IST.
The rating on long-term bank facilities has been reaffirmed at CARE A and short-term bank facilities at CARE A1.
Key equity indices were trading near the days high in afternoon trade. At 13:25 IST, the barometer index, the S&P BSE Sensex, was up 137.23 points or 0.25% to 55,995.75. The Nifty 50 index gained 65.10 points or 0.39% to 16,723.50. The continued escalation of the Russia Ukraine conflict and its consequent global economic fallout continued to weigh on the investors sentiment. In the broader […]
With the addition of this order, the company’s total order book at Rs428.56 crore.
Between its inception in 1965 up to 2021, Berkshire Hathaway delivered CAGR returns of 20.1%. Remember, these are annualized returns over a period of 56 years.
The Board has also approved an increase of authorized capital from Rs25 crore to Rs30 crore to meet the increasing growth capital needs of the company.
The Company has paid the fine levied by the Exchanges on February 25, 2022.
The long-term rating has been upgraded to AA- and the short-term rating to A1+.

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