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Brokerage firms were majorly positive on the issue, suggesting to subscribe to it, considering the business model. However, a few analysts were skeptical over the company’s business due to rising competition and rich valuations.

The commerce ministry’s investigation arm Directorate General of Trade Remedies is investigating the alleged dumping of ‘Vitamin A Palmitate’ originating in or exported from China, European Union and Switzerland. Alleging that dumping of the product is impacting domestic companies, Piramal Pharma Ltd has filed a petition before the directorate seeking Continue Reading

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Gross income from the dividend for the quarter ended December 31, 2022, was Rs 482 crore compared to Rs 195 crore a year ago

The company, which operates D-Mart chain of supermarkets, saw revenue rising to Rs 11,305 crore, according to the provisional figures shared by the retailer

At 10:48 a.m. ET, the Dow Jones Industrial Average was down 24.82 points, or 0.07%, at 33,122.43, the S&P 500 was down 9.92 points, or 0.26%, at 3,829.58, and the Nasdaq Composite was down 58.43 points, or 0.56%, at 10,408.05.

Daily charts show that indicators such as RSI and MACD are showing some strength to lead toward an upside. Options data suggests a broader trading range between 17800-18500 zones, while an immediate trading range between 18000-18400 zones.

In its first tranche, the country’s biggest lender raised Rs 10,000 crore through 10-year infrastructure bonds at 7.51% annual coupon in December

In the overseas market, gold was trading in green at $1,843 per ounce while silver was up at $24.37 per ounce