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The spot prices of gold have dropped more than Rs 1,100 in the last two weeks, whereas the silver has declined about Rs 2,250 per kg in the same period under review.

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In the case of DRL, Morgan Stanley said that the drug maker continued to deliver granular growth and that the growth trend should continue in FY23.

Consolidated total revenue from operations during the quarter under review stood at Rs 2,915.82 crore as against Rs 2,730.74 crore in the corresponding period a year ago, PTI reported.

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The Relative Strength Index of the stock stood at 51.62 on Friday.

Let us have a look at what brokerages have to say about the IPO of eMudhra

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The sharp global strength in the dollar has taken its toll on the rupee, which has shed 4.2 per cent against the greenback so far in 2022. On May 19, the domestic currency hit an all-time low intraday level of 77.7250/$1.

​The brokerage believes that heightened competition in this space will continue to impact growth and compress spreads for gold finance NBFCs. Moreover, gold price remains the key factor in balance sheet growth in this business, hence the business model remains highly vulnerable to any sharp downward movement in gold prices.

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The brokerage believes ITC is better placed vs competition at least for next few quarters as 1) More than 80% of the company’s profits are largely protected vs FMCG peers, who are grappling with twin issues of lower volume growth and hyperinflation in RM index.

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​Bharti reported a decent set of numbers – broadly inline with expectations. The ARPU and mobile business revenue grew 9% qoq, while digital businesses remained soft. Margins were inline with estimates, while PAT (adjusted for exceptional gain) was along expected lines.

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​Titan Company’s (Titan’s) management outlined ambitious growth outlook for the company in the next five years at its analyst conference held on May 13, 2022.

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