News Overview

LME Inventories Data – 4 February 2022 Copper 82225 (-175), Aluminium 775475 (-6425), Nickel 87504 (-678), Lead 52325 (-100), Zinc 154950 (750). All figures in tonnes, Daily change in bracket. Powered by Commodity Insights

The stocks hit intraday high and low at Rs1174 apiece and Rs1065.45 apiece respectively.

The company reported revenue of Rs 617.62 crore for Q3 FY’22 as against Rs 433.26 crore for Q3 FY’21, reporting growth of 42.55% YoY.

There will be no change in the repo rate this time even though we expect 50 bps hike next year.

Singapore private sector continued to expand in January, with a PMI score of 54.4, the latest survey from Markit Economics showed on Monday. Thats down from 55.1 in December, although it remains well above the boom-or-bust line of 50 that separates expansion from contraction. Higher demand for Singaporean goods and services drove output higher for the fourteenth straight month in January Powered by Commodity Insights

Eveready Industries India Ltd, Shankara Building Products Ltd, CreditAccess Grameen Ltd and Interglobe Aviation Ltd are among the other gainers in the BSEs A group today, 07 February 2022.

Ind-Ra has considered JK Bank’s wholly-owned subsidiary, JKB Financial Services Ltd., in its analysis to arrive at the ratings.

On 06 February 2022

The newly listed CMS Info Systems gained 1.72% to Rs 277.45 after the company reported a 48% increase in consolidated net profit to Rs 60.24 crore in Q3 FY22 from Rs 40.7 crore posted in Q3 FY21.

On 06 February 2022