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Technology megacaps slumped. Google-parent Alphabet Inc , Apple Inc, Microsoft Corp, Meta Platforms, Tesla Inc and Amazon.com all fell between 4.3% and 8.3%.

RIL, Tata Power, Canara Bank, SAIL, Sundaram Finance, CSB Bank, Apollo TriCoat, Federal Bank, Grindwell Norton, IRB Infra, Brigade Enterprises and HIL are among the companies which will announce their earnings today.

The company reported a consolidated profit of Rs 25 crore, down 84% year-on-year. Consolidated revenue during the quarter improved by 13% to Rs 2,592 crore backed by higher prices and sales.

Kotak Mahindra Bank on Thursday announced a rate increase in fixed deposit interest rates across multiple tenor baskets for retail customers.

Taken together, at current prices, U.S. equities still look expensive overall, according to our analysis, both in absolute terms and relative to international markets. However, this view has moderated following recent market falls.

EBITDA for the quarter grew to $470 million (Rs 3,590 crore) compared to $403 million a year ago. The higher margins can be attributed to the present commodity upcycle.

Revenues from operations rose 4% to Rs 5,530.51 crore as against Rs 5321.93 crore registered in the year-ago period. Total expenses in the period under consideration went up 4.5% to Rs 5165.81 crore.

Its revenue from operations rose 7.40 per cent to Rs 2,161 crore during the quarter under review, against Rs 2,012 crore a year ago.

This EPC order has been designed keeping in mind the innovative use of ‘Make in India’ cells and modules. Covering around 5000+ acres of land in Rajasthan, this project aims at reducing around 22,87,128 kg of carbon emission and is expected to generate around 2,500 million units annually.

The Dow Jones Industrial Average fell 206.89 points, or 0.61%, at the open to 33,854.17.