Company’s PAT for FY22 was reported at Rs51.89 crore as compared to Rs28.78 crore in FY21, registering a growth of 80.30% yoy.
IPCA Laboratories slumped 2.27% to Rs 954.90 after the companys consolidated net profit fell 19.3% to Rs 130.23 crore despite of a 15.6% rise in net sales to Rs 1,289.10 crore in Q4 FY22 over Q4 FY21.
UK PMI Manufacturing dropped from 55.8 to 54.6 in May, below expectation of 55.1, hitting a 16-month low. PMI Services dropped sharply from 58.9 to 51.8, well below expectation of 57.3, a 15-month low. The headline seasonally adjusted S&P Global / CIPS Flash UK Composite Output Index registered 51.8 in May, down sharply from 58.2 in April, to signal the slowest rise in business activity […]
JSW Steel on Tuesday announced that the companys board will meet on Friday, 27 May 2022 to consider raising of long term funds, including but not limited to Qualified Institutions Placement.

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