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The company has healthy financial position significantly supported by large cash & cash equivalents.

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The US Dollar Index is trading down marginally at 95.87 with the US monetary policy uncertainty weighing on the currency. Dollar index has been witnessing steady support around one week low of 95.70 mark this week. The US Federal Reserve Chair Jerome Powell, in comments prepared for delivery at a congressional hearing, stated that the US economy has rapidly gained strength despite the ongoing pandemic, […]

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The company has not closed its wholly-owned subsidiaries Harmony Plantations and Enchanting Plantations and neither have acquired shares of Malayalam Plantations.

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Domestic equity benchmarks ended with decent gains on Tuesday, extended their winning run to third consecutive session. The Nifty closed above the 18,050 level. Realty and IT stocks advanced while metal stocks declined. As per the provisional closing data, the barometer index, the S&P BSE Sensex, was up 221.26 points or 0.37% to 60,616.79. The Nifty 50 index added 52.45 points or 0.29% to 18,055.75. […]

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