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For the quarter ended 31-03-2022, the company has reported a Consolidated Total Income of Rs 1426.12 Crore, up 37.91 % from last quarter Total Income of Rs 1034.09 Crore and up .68 % from last year same quarter Total Income of Rs 1416.45 Crore. Company has reported net profit after tax of Rs 231.90 Crore in latest quarter.

The Relative Strength Index of the stock stood at 46.82 on Monday.

Following the Q4 results, Tata Chemicals zoomed 8.4 per cent to Rs 1,019.80, before trading at Rs 1,017.75 at 9.30 am. Shares of the company on Friday closed at RS 940.75, down 1.90 per cent on BSE.

IT company Wipro on Friday posted a 4 per cent increase in its consolidated profit to Rs 3,092.5 crore in the fourth quarter ended March 31, 2022, on account of continued demand for IT services.

Musk advised people to buy stocks in companies that make products and services they believe in.

The stock rose more than 5 per cent in a week, and over 12 per cent in a month – outperforming benchmark indices in the same period.

A total of 151,174 shares changed hands on the counter till 11:51AM (IST).

The dilemma faced by Indian investors as they try to gauge the impact of the rate hike cycle isn’t different from what their global peers face while trying to predict the fallout from the most aggressive Federal Reserve tightening in decades. RBI may start raising rates as soon as next month.

“The big uptick in bank earnings because of NPA reduction is over now. Most banks have NPAs of 0.5 to 0.75 on a net basis now. From here on, it is important for the core earnings, which is the net interest income as well as other income, to grow. This year, other income will remain under pressure because treasury gains will not be there.”

Shares of Salasar Techno Engineering jumped 4 per cent to Rs 285.95 after the announcement. However, it pared up some gains to trade at Rs 284.65 at 10.10 am. The scrip had settled at Rs 276.05 on Friday.