With the US Fed turning extremely hawkish since Nov-21, heavy FPI selling was always expected in Jan-22. With a combination of Fed hawkishness, likelihood of higher Indian borrowings and weak operating profits; FPI selling was expected to deepen in Jan-22.
Sales decline 74.12% to Rs 0.22 crore
Germanys industrial production dropped in December, data from Destatis showed on Monday. Industrial output dropped 0.3% month-on-month, in contrast to the 0.3% gain in November. This was the first fall in three months. On a yearly basis, industrial production decreased 4.1%, following a 2.2% drop in the previous month. In 2021 as a whole, production in the manufacturing sector was 3% higher than in 2020, […]
Its PAT for the quarter ended December 2021 stood at Rs 27.40 crore against the loss of Rs 30.90 crore for the quarter ended December 2020, a decline of 11.3% YoY.
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