Q2FY23 saw an aggregate PAT growth of 18% on a 3-year CAGR basis, for a sample of 424 BSE500 companies. Excluding Financials and Commodities, PAT growth was 10% 3-year CAGR.
PAT stood at Rs8.4 crore, up by 11% on yoy basis in Q2FY23.
According to a government announcement, the tax on crude oil produced by companies like the state-owned Oil and Natural Gas Corporation (ONGC) increased to Rs10,200 per ton on November 17 from Rs9,500 per ton.
The key equity barometers traded with limited losses in morning trade. The Nifty traded a tad below the 18,380 mark. PSU bank and FMCG stocks edged higher while metal, consumer durables and IT shares witnessed a bit of a selling pressure. Trading was volatile due to the expiry of weekly index options on the NSE today. At 10:30 IST, the barometer index, the S&P BSE […]
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