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Ashok Leyland reported a standalone profit of Rs 6 crore for the quarter after making a net one-time gain of Rs 42 crore.

The revenues rose 24.6% YoY to Rs 1467 crore in Q3FY22 compared to 1177 crore in Q3FY21. On a quarter-on-quarter (QoQ) basis, the revenues were flat, while net profit rose 8.4%.

The decision was taken at a meeting of the Capital Raising Committee of the lender, Yes Bank said in a regulatory filing.

The transaction was valued at Rs 236 crore. It was not clear who bought those shares. The stock earlier fell about 11 per cent as rumours of him and another co-founder Yashish Dahiya selling stake had already spread.

The Dow Jones Industrial Average rose 26.30 points, or 0.07%, at the open to 35,267.89.

The buying during the week was due to a surprising decision by the Reserve Bank of India.

Shortages of supplies and workers, heavy doses of federal aid, ultra-low interest rates and robust consumer spending combined to send inflation leaping in the past year. And there are few signs that it will slow significantly anytime soon.

Total income rose marginally to Rs 697.5 crore in the third quarter of this fiscal, from Rs 696.3 crore in the corresponding period of the previous year, according to a regulatory filing.

Group’s flagship Tata Sons market capitalisation has risen from Rs 4.8 lakh crore on April 1, 2017, to Rs 13.67 lakh crore currently.

Solara Active Pharma hit lower circuit for the second straight session. Coastal Corp tanked over weaker sentiments