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Total income during the quarter under review was flat at Rs 2,127 crore as against Rs 2,130 crore in the corresponding quarter of last year.

Despite the volatility in the markets, six stocks have shown impressive growth, having gained over 10% in each of the past three months. Two of them have even turned multibaggers within a short period

Banco Products, commanding an m-cap of Rs 1688 crore, has established a niche for itself in the business of engine cooling and sealing systems for both automotive as well as industrial applications. The company got listed on the stock exchanges in 1987.

“The public sector banks have declared what losses they have to the Adani group, but nobody is talking about loans against shares or any other kind of leverage.We should also break into the NBFCs and other companies. It is a wait and watch all over the world, and not just in India. Who knows where we are going to go next?”

Chip equipment maker Tokyo Electron slipped 4.39%, becoming the biggest drag on the Nikkei. Its peer Advantest fell 1.57%, while technology investor SoftBank Group lost 1.12%

European shares posted their first weekly decline in three on Friday, with analysts now pointing to bonds as a viable alternative to equities as a surge in U.S. Treasury yields made them more attractive

“Let the expectation cycle start. If we go right, we make 10-20-30% assuming consumer tech is 16% of our portfolio. If we go right, we will double-triple our money. If we go wrong, we probably lose 2-3% of our portfolio. That is the bet that we have taken in consumer tech companies.”

In Q3FY23, Cochin Shipyard recorded a profit of Rs 110.40 crore compared to Rs 129.38 crore in Q3FY22, representing a fall of 14%. The company posted a profit before tax (PBT) of Rs 140.46 crore compared to Rs 175.04 crore in the year-ago quarter, representing a fall of 19.75% YoY

Accenture has topped the 30 month acquisition table with 72 deals, followed by Deloitte and Converge with 23 and 16 deals, respectively. >> For more such web stories click on the ET icon below

The 30-share BSE benchmark Sensex declined 251 points or 0.41% to settle at 60,432. The broader NSE Nifty dropped 93 points or 0.52% to end at 17,763.