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A rapid revival in demand across categories led to a robust quarterly performance despite the impact of the third wave of the pandemic. The investments in e-commerce and omnichannel expansion have shown results with rising consumer affinity for our brands," said an earning statement from ABFRL.

Aether Industries is a specialty chemicals manufacturer in India focused on producing advanced intermediates and specialty chemicals involving complex and differentiated chemistry and technology core competencies.In addition, there will be an offer for sale of up to 28.2 lakh equity shares by the promoter.

manufacturer Arvind Ltd Revenue from operations was at Rs 2,203.50 crore as against Rs 1,654.87 crore in the corresponding period of previous fiscal year.Its fabric and garment volumes remained strong across both domestic as well as export markets, said Arvind in an earning statement

Offshore assets under management with Indian mutual funds have grown from Rs 5.5 lakh crores in 2008 to Rs 38.94 lakh crores (the upper limit being $7 billion) in January 2022.

Decline in future turnover is being replaced by strong traction in options, they said, adding that nonlinear growth in option volume may aid business and earnings growth. On Monday, the scrip rose 5.45 per cent to hit a high of Rs 1,276.90.

We aim to achieve a 25% year-on-year rise in net profit every quarter this fiscal," managing director Partha Pratim Sengupta said."There is no negative impact on lending growth after the 40 basis points rise in repo rate," he said. RBI reversed its easy rate cycle in an off-cycle monetary policy meeting earlier this month reacting to the sharp rise in inflation.

In the previous trade, the precious metal finished at Rs 50,307 per 10 grams.Silver dipped by Rs 49 to Rs 60,920 per kg from Rs 60,969 per kg in the previous trade.

The 30-share pack Sensex fell 109.94 points or 0.20 per cent to close at 54,208.53. The index fell nearly 1 per cent from the day’s high. Its broader peer NSE Nifty also gave up gains to settle below the 16,250 mark.

Data shows that the profit of 27 of the Nifty 50 companies, which have announced their results so far, have risen 21.38 per cent in March 2022 from the same period a year ago. An analysis by domestic brokerage ICICI Securities said that the number of companies beating Street estimates in the ongoing March quarter earnings season from the NSE200 pack is higher than those who missed them.

“Typically about 4% to 5% of our revenue is spent in our capex items. It is more so on the engineering and technology front and increasing the capacity. Like last year, we would work on investing in new technology and products to become a system solutions provider in all the product lines that we are working on and making them smarter and more advanced and futuristic.”