News Overview

The net Profit stood at Rs511 million as against net profit of Rs370 million in the quarter ended September 2021.

PAT for the quarter was up by 17% yoy and grew 26% on half-yearly basis.

The Indian Rupee is expected to see good gains today, adding to recent winning streak. The INR ended at 81.40 per US dollar in last session as a rally under 82 mark extended. The US dollar index has slumped near 108 mark, testing lowest in six weeks as a moderate US inflation reading pulled the currency down sharply. The US 2-year and 10-year Treasury yields […]

A report released by the Labor Department on Thursday showed a modest increase in first-time claims for U.S. unemployment benefits in the week ended November 5th. The Labor Department said initial jobless claims crept up to 225,000, an increase of 7,000 from the previous weeks revised level of 218,000. Meanwhile, the report said the less volatile four-week moving average edged down to 218,750, a decrease […]

At meeting held on 10 November 2022

Record date is 22 November 2022

Record date is 18 November 2022

Copper surged yesterday, rising in tune with the US equities as the falling US dollar boosted commodities. The red metal currently quotes at $3.82 per pound, up 1.74% on the day and adding to recent gains. These are the highest levels in nearly four months for the metal. Meanwhile, the US stocks recorded their biggest rally since 2020 after Octobers reading of consumer prices raised […]

COMEX Gold shot up yesterday as falling US dollar and continued buying support after the metal broke above $1700 per ounce mark triggered an excellent rally. The US consumer price index for Octobers rose just 0.4% for the month and 7.7% from a year ago, its lowest annual increase since January and marking a slowdown from the 8.2% annual pace in the prior month. Excluding […]

The healthcare giant had previously declared a net profit of Rs 267 crore for July through September