This order approval will increase the existing capacity utilization significantly and revenue growth at the said plant in upcoming years
NMDC rallied 3.09% to Rs 143.25 after the PSU miners iron ore production jumped 18.13% to 4.56 MT in January 2022 as against 3.86 MT in January 2021.
TVS Motor Company registered sales of 266,788 units in January 2022, down 13.14% as against sales of 307,149 units in January 2021.
Sun Pharma, Tata Steel, Adani Ports, Ultratech Cement and IndusInd Bank are the top gainers.
The 2022-23 budget finely balanced fiscal retreat with -supporting economic recovery - Mr. Abheek Barua, Chief Economist, HDFC Bank
Natco Pharma, Dr Reddys, Alkem, Pfizer were all under pressure after budget announcement.
Its EBITDA for the quarter ended December 2021 stood at Rs 234.97 crore against Rs 266.08 crore for the same quarter last year, showing a decline of 11.69% YoY.
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