News Overview

Macrotech Developers (Lodha group) consolidated net profit jumped 23.6% to Rs 286.38 crore on a 36% jump in net sales to Rs 2,059.44 crore in Q3 FY22 over Q3 FY21.

Used to treat dry eye disease

Total Operating Income rise 2.84% to Rs 17700.60 crore

The appointment is in line with the Bank’s objective of further strengthening its retail franchise.

Domestic traders anticipate a further increase in rates by a noticeable quantum than was expected earlier, while some also feel that rates may be increased up to 50 basis points as the Fed Reserve is keen to cope with the rising inflation in the US economy.

Bharat Electronics (BEL) and Hyperion Global Group have entered into a contract to develop, manufacture and supply Internet of Things (IoT) devices for the US market.

Sales rise 84.11% to Rs 93.95 crore

The benchmark indices hit fresh intraday low in early afternoon trade. Media and PSU banks bucked the broader selling pressure. The Nifty declined below 16,900 mark. Fears of monetary policy tightening, geo-political tensions of Russia invading Ukraine and firm crude oil prices dented investors sentiment. At 12:29 IST, the barometer index, the S&P BSE Sensex, slumped 1,318.34 points or 2.28% at 56,539.81. The Nifty 50 […]

Reported sales nil

LME Inventories Data – 26 January 2022 Copper 93250 (-3425), Aluminium 835000 (-10625), Nickel 92574 (-114), Lead 53600 (-75), Zinc 157550 (-2375). All figures in tonnes, Daily change in bracket. Powered by Commodity Insights