News Overview

Sales rise 23.53% to Rs 246.92 crore

Zydus Lifesciences consolidated net profit slumped 82.6% to Rs 522.50 crore despite of a 10% increase in total revenue from operations to Rs 4,134.7 crore in Q2 FY23 over Q2 FY22.

Kalpataru Power Transmission gained 1.64% to Rs 508 after the companys consolidated net profit rose 18.1% to Rs 98 crore on 7% rise in net sales to Rs 3,798 crore in Q2 FY23 over Q2 FY22.

Hindustan Zinc Ltd is quoting at Rs 297.45, up 1.57% on the day as on 12:44 IST on the NSE. The stock is down 8.21% in last one year as compared to a 1.32% jump in NIFTY and a 12.29% jump in the Nifty Media.

Oil & Natural Gas Corpn Ltd is quoting at Rs 140.2, up 0.25% on the day as on 12:44 IST on the NSE. The stock is down 9.34% in last one year as compared to a 1.32% spurt in NIFTY and a 10.85% spurt in the Nifty Auto.

The Company has received two purchase orders dated November 08, 2022, from Goa Shipyard Limited.

Axiscades Technologies posted robust performance for the September 2022 quarter. Sheetal Agarwal of IIFL does a deep dive into the results in this conversation with Arun Krishnamurthi, MD and CEO of the company.

The US EIA stated yesterday that strong demand for ultra-low sulfur diesel (ULSD) in October, combined with reduced global production, has resulted in lower ULSD inventories in the United States. ULSD is the most widely consumed form of distillate fuel oil. Current inventories and current estimate of future demand can be combined into a metric called days of supply, which is calculated by dividing the […]

Reported sales nil

Sales decline 6.19% to Rs 101.32 crore