News Overview

Information Technology stocks were trading in the negative zone, with the S&P BSE IT Sector index falling 219.73 points or 0.63% at 34518 at 13:51 IST.

The company's Quarterly Net Profit stood at Rs. 9.01 crore in December 2021 up by a whopping 12202.05% YoY from Rs. 0.07 crore in December 2020.

The similar exports to UAE countries shall be repeated in future," said Company.

The company reported a 6.4% YoY decline in its net profit for the quarter ending December 2021 at Rs 680.62 crore against Rs 727.72 crore for the previous corresponding quarter.

Sales rise 9.27% to Rs 98.30 crore

Sales decline 76.47% to Rs 0.04 crore

The safe haven Japanese yen gained momentum on Tuesday, amid escalating political worries about a potential military conflict in Ukraine and with investors turning sceptical ahead of the upcoming Fed policy decision. The Fed is scheduled to announce its decision on Wednesday, which should provide fresh clues about the likely timing of when the Fed will commence its policy tightening cycle. Yen firmed up to […]

Here is the stock market performance at 1:30 PM today.

IDFC First Bank announced that the duly authorized committee of the Board at its meeting held on 25 January 2022 has approved the Shelf Placement Memorandum for Private Placement of upto 2,000 Unsecured, Subordinated, Rated, Listed, Non-Convertible, Fully Paid-Up, Taxable, Redeemable Basel III Compliant Tier 2 Bonds (in the nature of Debentures) denominated in Rupees of a face value of Rs. 1 crore each, having […]

The key equity barometers traded sideways in afternoon trade. The Nifty was trading above the 17,150 mark. Banks, metals and realty stocks advanced while IT and healthcare shares declined. At 13:20 IST, the barometer index, the S&P BSE Sensex, declined 57.86 points or 0.10% to 57,433.65. The Nifty 50 index added 4.45 points or 0.03% to 17,153.55. Weak Asian stocks, worries of US Fed interest […]