Some troops in Russia's military districts adjacent to Ukraine are returning to their bases after completing drills, Russia's defence ministry was quoted as saying
In Q4FY22, the company expects better profitability on account of higher QoQ volumes from large government contract and benefits of investments in digitization and marketing.
The company's management is optimistic that supply chain constraints will gradually ease out over the next two quarters and production to stabilise over time.
The management said raw material volatility has impacted profitability performance during the quarter
The company reported 46 per cent year-on-year drop in its consolidated net profit at Rs 261 crore in December quarter (Q3FY22)
FIIs have been on a selling spree across most emerging markets, including India. What's making them nervous? Will the trend reverse? Find out how FIIs are viewing India as an investment destination
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FIIs have been on a selling spree across most EMs, including India where they have sold over $11 billion worth of equities since October 2021 when they started to unwind their position here
LIC will become either the largest or third-largest listed stock in the domestic markets and will get a quick entry into MSCI and FTSE indices
The NSE Nifty50, on the other hand, breached below the 16,850-mark to end 532 points, or 3.06 per cent, lower at 16,843. This was the indices biggest intra-day fall since November 26, 2021
The S&P BSE IPO index slipped 3.4% in intra-day trade, and has corrected 23% from its record high level
With the past one week's decline, the stock price of Nykaa has slumped 40 per cent from its record high of Rs 2,574 touched on November 26, 2021.
India is a solid structural investment opportunity and the markets are likely underestimating the growth recovery underway in the economy, Jitendra Gohil said
ABFRL is top pick in the sector, followed by Shoppers Stop and V-Mart
Reliance Industries Limited, the most valued firm by market valuation, emerged as the only gainer from the top-10 pack
Last week, the 30-share BSE benchmark declined by 491.90 points or 0.83 per cent.
LIC IPO: Market valuation of listed life insurance peers is 3-4x their EV, but govt pushing for Rs 15 trn
Companies point out that a materiality threshold of Rs 1,000 crore for related party transactions will slow down business process, harm long term plans
The investors, through their custodian banks, have reached out to clearing corporations to push the deadline for equity trade confirmations to 9 a.m. on T+1 day, said sources
Zomato's long-term growth story remains intact as it is a play on the growing food services industry in India as well as increasing adoption of digital commerce