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“Our business exhibited strong performance during the fiscal. Strong delivery in line with our guidance across all parameters. We remain committed to achieving consistent delivery of our business goals,” the company said.

BlackRock Global Funds India Fund picked up the same amount of shares at the same price.

The company declared a dividend of Rs 3 per share. The stock of Bajaj Electricals gained over 8% on Tuesday to close at Rs 988.85. The benchmark Sensex made a 2.54% recovery on Tuesday, logging the best single-day gains in three months.

Stock exchange BSE on Tuesday said it appointed a former senior official of the Reserve Bank of India as its Chairman.

Wednesday is likely to see the levels of 16,330 and 16,485 acting as immediate resistance points. The supports come in at 16,160 and 16,030 levels. The trading range is likely to stay wider than usual.

After scaling many new highs, Dalal Street ended the fiscal 2022 with a healthy 18 per cent gains, and ended calendar 2021 with a healthier 24 per cent gains.

New Delhi is considering inviting bids for a 20%-25% stake in BPCL, instead of an outright sale of its entire 52.98% holding, the two government officials, who declined to be named, told Reuters.

In the reporting month, the central bank purchased USD 4.315 billion from the spot market and sold USD 24.416 billion, the bulletin released on Tuesday showed.

The expectation of dollar outflows due to Holcim Group’s sale of its India cement business is also said to have added to the rupee’s rout.

Revenue from operations however rose to Rs 485 crore in the fourth quarter as against Rs 431 crore in the year-ago period, Dr Lal Pathlabs said in a statement.For the year ended March 31, 2022, the company posted a consolidated net profit of Rs 350 crore as compared with Rs 296 crore in 2020-21