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Net profit after tax for Chennai, Tamil Nadu-based Ramco fell to 673.9 million rupees ($8.15 million) for the third quarter ended Dec. 31, from 825.7 million rupees, a year earlier, according to an exchange filing.

A total of 25,440 shares changed hands on the counter till 02:09PM (IST)

“We see the fourth quarter getting better than the third quarter for a couple of reasons. One, if you look at the third quarter numbers, while coking coal cost came down by about $90 a tonne and iron ore prices came down by about $20, our costs are showing a 31 pounds per tonne increase largely because we have taken some NRV losses on some of the stocks that we had.”

The stock quoted a 52-week high price of Rs 432.8 and a 52-week low of Rs 106.1.

"I will not buy for a moment anyone saying Indian governance or the regulatory mechanisms are not good enough. In fact, in very many areas, we seem to be leading the way in terms of good governance," Sitharaman said, adding that Indian regulators are well-seized of what they have to do and they will do the needful where and when necessary

“My sense is RBI will stick to the old stance of withdrawal of accommodation and there are two reasons for it. One is that liquidity is still a bit high in the system and one of the reasons they had called it withdrawal of accommodation was because liquidity was very high, it continues to remain so. I am not sure tomorrow is the time to get down to neutral. ”

The brokerage rolls forward to FY25E and maintain ‘BUY’ rating at revised TP of Rs495 (Rs520 earlier) valuing 28x FY25E EPS.

Craftsman Automation, incorporated in the year 1986, is a Small Cap company (having a market cap of Rs 7164.61 Crore) operating in Auto Ancillaries sector.

A total of 82,872 shares changed hands on the counter till 01:06PM (IST).

Revenue from operations, meanwhile, rose 17% year-on-year (YoY) to Rs 4,786 crore for the quarter under review. It was Rs 4,072 crore in the third quarter of last year.