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On 28 May 2022

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Raymond advanced 4.30% to Rs 848.50 after the companys consolidated net profit zoomed to Rs 263 crore in Q4 FY22 from Rs 56 crore in Q4 FY21.

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On a consolidated basis, Multi Commodity Exchange Of India (MCX)s net profit fell 5% to Rs 36.53 crore on 9.8% increase in net sales to Rs 106.46 crore in Q4 March 2022 over Q4 March 2021.

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Singapores non-oil domestic exports were up 6.4 percent on year in April, according to Enterprise Singapore. That was shy of expectations for an increase of 6.7 percent and down from 7.7 percent in March. On a monthly basis, exports slipped 3.3 percent – also missing forecasts for a decline of 1.3 percent after falling 2.3 percent in the previous month.Powered by Commodity Insights

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Indices traded at the days high with decent gains in morning trade. All the sectoral indices on the NSE traded in the green with metal, IT and FMCG shares gaining the most. The Nifty scaled the 16,000 level and inched higher. At 10:26 IST, the barometer index, S&P BSE Sensex was up by 617.47 points or 1.17% at 53,591.31. The Nifty 50 index rose 187.55 […]

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As per sanctioned terms and conditions of the said facility, the lender has an option to convert the loan into Equity in the event of default by the borrower.

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Shares of insurance major Life Insurance Corporation (LIC) of India were currently trading at Rs 903.30 on the BSE, at a discount of 4.82% compared with the issue price of Rs 949.

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