OnMobile Global rose 2.02% to Rs 166.80 after the company said it partnered with Sri Lankas Dialog Axiata PLC to to launch the first mobile cloud gaming platform in the region.
IT and Auto stocks weighed on the benchmarks, while metal stocks outperformed counterparts.
Benchmark indices traded sideways with tiny losses amid bout of volatility in morning trade. The Nifty hovered at 17,550 level. Metal stocks saw buying while realty and auto shares declined. At 10:30 IST, the barometer index, the S&P BSE Sensex, fell 44.63 points or 0.08% at 58,743.27. The Nifty 50 index was down 6.8 points at 17,553.40. In the broader market, the S&P BSE Mid-Cap […]
PI Industries advanced 1.06% to Rs 2515.10 after the company reported 14% rise in consolidated net profit to Rs 223 crore on a 17% increase in revenue to Rs 1,356 crore in Q3 FY22 over Q3 FY21.
According to survey participants, demand was restricted by the fast spread of the Omicron variant and the reinstatement of curfews in parts of the country.
The company’s EBITDA stood at Rs 145.24 crore for December 2021 quarter, as against Rs 109.02 crore for the previous corresponding quarter, up by 33% YoY.

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