News Overview

Hester Biosciences reported 31% fall in consolidated net profit to Rs 8.48 crore on a 2% decline in revenue from operations to Rs 55.69 crore in Q3 FY22 over Q3 FY21.

The Union Budget 2022, scheduled for 1st February 2022, is an even that the logistics sector is looking forward to, so as to get some respite from critical pain points currently plaguing the industry.

The state-owned mining company on Monday increased prices of lump ore by Rs 300 a tonne and fines Rs 200 per tonne, with immediate effect.

The ratings favourably note the revenue growth with an improved demand and execution in the current fiscal.

As per the annual survey, advance estimates suggest that the Indian economy is expected to witness a real GDP expansion of 9.2% in the period 2021-22 after the contraction in the previous year.

Adani Total Gas, ONGC, and Oil India were also in the fast lane. Castrol India was the only stock under pressure.

Mahindra & Mahindra Ltd is quoting at Rs 883, up 1.54% on the day as on 12:54 IST on the NSE. The stock is up 11.05% in last one year as compared to a 21.75% spurt in NIFTY and a 14.2% spurt in the Nifty Auto index.

MRF Ltd is quoting at Rs 72160.1, up 1.17% on the day as on 12:54 IST on the NSE. The stock is down 18.12% in last one year as compared to a 21.75% jump in NIFTY and a 14.2% jump in the Nifty Auto index.

Oil & Natural Gas Corpn Ltd is quoting at Rs 173.05, up 2.52% on the day as on 12:54 IST on the NSE. The stock is up 90.48% in last one year as compared to a 21.75% gain in NIFTY and a 51.76% gain in the Nifty Energy index.

Birla Cellulose’s net-zero announcement aligns with the United Nations Sustainable Development Goals (SDGs) 7 & 13 on climate change and affordable and clean energy.