The benchmarks indices traded with minor cuts as they pared some losses in mid-morning trade. The Nifty traded above the 16,150 mark. IT shares witnessed some bit of profit booking. At 11:27 IST, the barometer index, the S&P BSE Sensex, was down 105.01 points or 0.19% to 54,183.60. The Nifty 50 index lost 50.50 points or 0.31% to 16,164.20. In the broader market, the S&P […]
The company filed its papers with SEBI in the month of March for an IPO comprising a fresh issue of shares aggregating to Rs500 crore with no offer for sale component.
Net sales for the quarter rose 2.9% to Rs 685.19 crore as against Rs 665.88 crore reported in the same period last year.
Weak performance likely as compared to the year-ago quarter
The company completed this acquisition on May 23, 2022, pursuant to several regulatory approvals.
The manufacturing sector in Australia continued to expand in May, albeit at a slower pace with a manufacturing PMI score of 55.3, according to the latest survey from S&P Global. Thats down from 58.8 in April, although it remains above the boom-or-bust line of 50 that separates expansion from contraction. The survey also showed that the services PMI fell to 53.0 in May from 56.6 […]
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