News Overview

IndiaMART InterMESH slumped 9.13% to Rs 5309.15 after the companys consolidated net profit declined 12.47% to Rs 70.20 crore on 8.35% rise in net sales to Rs 188.10 crore in Q3 December 2021 over Q3 December 2020.

Operating revenue at Rs2,714.4cr for 9 Mo FY22 vs Rs1,289.4cr for 9 Mo FY21; 110.5% increase yoy.

The company reported consolidated revenue of 1,102.5cr, a yoy growth of 18%.

Invests Rs 61.55 crore

Craftsman Automation slumped 7.19% to Rs 2,040 after the company reported a 13.5% fall in consolidated net profit to Rs 37.6 crore in Q3 FY22 from Rs 43.48 crore posted in Q3 FY21.

The Meeting of the Board of Directors commenced at 12.30 PM to conclude at 1.00 PM on Monday.

Burger King Indias net loss in Q3 FY22 narrowed to Rs 15.15 crore from Rs 29.02 crore in Q3 FY21.

The company also announced the full acquisition of Busy Infotech at Rs500cr.

The US stock market finished higher after recouping early selloff on Monday, 24 January 2022, thanks to late hour bargain hunting among recently battered stocks. However, market gains were limited amid concerns about inflation-fighting measures from the Federal Reserve and fretted over possible conflict between Russia and Ukraine. The Fed is scheduled to begin a two-day meeting on Tuesday, with the latest monetary policy decision […]

The telecom majors board will consider preferential issue of equity shares on 28 January 2022.