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The second largest pure-play mortgage lender announced a 23 per cent on-year growth in net profit at Rs 305 crore for three months period ending September

Among large buyers were the central banks of Turkey, Uzbekistan, Qatar and India, but the WGC said a substantial amount of gold was also bought by central banks that did not publicly report their purchases. It did not give any details on which countries these could be, but banks that do not regularly publish information about their gold stockpiles include those of China and Russia. Purchases of gold bars and coins also surged in Turkey to 46.8 tonnes in the quarter, up more than 300% year-on-year, as people bought gold to shield themselves from rampant inflation.

“IT services companies are in a good place and are going to stay in a good place for a long time. As far as the other hi-tech sectors in India are concerned, whether it is the consumer and the consumer facing names, the real issue and the real challenge is how much of the Indian market actually has the purchasing power.”

The company said growth in Q2FY23 revenue and operating EBITDA were driven by higher occupancies, improved payor mix and increased ARR in the outpatient department. International patient revenue grew 16% YoY and reflected 110% of the pre-Covid average.

The company said the contract is in the ordinary course of business and none of the promoters or promoter group has any interest in the aforementioned contract. It does not fall within the ambit of related party transactions.

An investor is more confident buying a particular stock if a large number of mutual funds (MFs) schemes also hold the stock.

"Japanese companies are actually doing well in their earnings results thanks to a boon from the cheaper yen, which is discouraging investors from selling too much", Horiuchi said.

“In the next one or two quarters, we will see a good momentum coming back into some of the midcap and smallcap companies. Cement is seeing some sort of a revival in momentum as is the whole host of companies in the capital goods space. These are the spaces where the overall growth momentum will continue and we will definitely be positive on these names from a medium to long-term perspective.”

The headline indices have moved above the previous swing high, say market analysts. They believe select stocks are ready to deliver solid returns in the near term.

“The approved ANDA is therapeutically equivalent to the reference listed drug product (RLD), Apriso Extended-Release Capsules, 0.375 g, of Salix Pharmaceuticals, Inc. (Salix). Mesalamine Extended-Release Capsules are indicated for the maintenance of remission of ulcerative colitis in adults,” the company said in a BSE filing.