Tuesday’s earnings brought a mixed bag, with MRF and Zydus Lifesciences facing margin pressure, while RVNL, NBCC and Manappuram Finance delivered stronger operating performances. Meanwhile,…
HCL Tech’s C Vijayakumar and L&T’s SN Subrahmanyan crossed ₹100 crore in annual pay, while SBI’s chief was the lowest-paid among Nifty 50 CEOs.
Foreign investors bought a net ₹259 crore of equities on Tuesday, while domestic institutions turned buyers after selling ₹1,290 crore in the previous session.
Indian investors will track developments around the US-Iran talks, after Pakistan Defence Minister Khawaja Asif said that “things are shaping up again in favor of…
Revenue declined 12% to ₹612 crore in the June quarter, although the agrochemical maker managed to improve its gross margin through higher pricing.
Shares of Manappuram Finance Ltd ended at ₹367.50, up by ₹0.50, or 0.14%, on the BSE.
Revenue grew just 6%, but operating profit rose 35% as the refractory maker recovered higher input costs and lifted its EBITDA margin to 13.6%.
The rupee declined 13 paise to settle at 95.43 (provisional) against the US dollar on Tuesday, tracking a sharp rise in global crude oil prices…
Shares of JSW Dulux Ltd ended at ₹3,150.00, up by ₹93.50, or 3.06%, on the BSE.
India’s new closing auction system impacts index options, creating challenges for brokers and fund managers. Bernstein expects near-term volume and stock impact.