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Norman Villamin, chief investment officer of Wealth Management at UBP, said the rise in European stocks could be due to "effectively dovish" guidance from the European Central Bank last week.

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Norman Villamin, chief investment officer of Wealth Management at UBP, said the rise in European stocks could be due to "effectively dovish" guidance from the European Central Bank last week.

Revenue for the said quarter increased nearly 21% on year to Rs 13,129 crore. Sequentially, the revenue was up 3.3% and profit nearly 14%. In constant currency (CC) terms, the dollar revenue grew by nearly 3% sequentially.

Revenue for the said quarter increased nearly 21% on year to Rs 13,129 crore. Sequentially, the revenue was up 3.3% and profit nearly 14%. In constant currency (CC) terms, the dollar revenue grew by nearly 3% sequentially.

“H1 FY23 is a record half-year in APSEZ’s history, with the highest ever cargo volume, revenue and EBITDA. Extending this strong performance into October, APSEZ achieved 200 MMT of cargo through-put within seven months, another new milestone,” said Adani Ports and Special Economic Zone (APSEZ) CEO Karan Adani.

“H1 FY23 is a record half-year in APSEZ’s history, with the highest ever cargo volume, revenue and EBITDA. Extending this strong performance into October, APSEZ achieved 200 MMT of cargo through-put within seven months, another new milestone,” said Adani Ports and Special Economic Zone (APSEZ) CEO Karan Adani.

Axis Bank, Maruti, Reliance, Tata Steel, Titan and L&T end the session with cuts

Axis Bank, Maruti, Reliance, Tata Steel, Titan and L&T end the session with cuts

“The first quarter is usually very strong. The second quarter is the weakest quarter. The third quarter is the second biggest quarter in the year and the fourth quarter is also okay. That is why the first half and the second half usually equal out. So we are on track and because the growth trend is good, we have exceeded our budgets in the first half.”

“The first quarter is usually very strong. The second quarter is the weakest quarter. The third quarter is the second biggest quarter in the year and the fourth quarter is also okay. That is why the first half and the second half usually equal out. So we are on track and because the growth trend is good, we have exceeded our budgets in the first half.”

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