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It was for the third consecutive time in as many months that Sensex breached the 60,000 mark

Consolidated revenue fell by around 1% to Rs 59,877.5 crore. However, the topline was higher than ET Now poll of Rs 54,298 crore.

Gland Pharma said revenue from its core markets of the US, Europe, Canada and Australia grew by 3 per cent to Rs 747.5 crore in the second quarter, as against Rs 722.5 crore in the corresponding period last fiscal

For the month the domestic currency crashed 1.77% against the greenback in October, recording a monthly decline for 10th straight month. With this, the domestic unit marked the longest monthly losing streak since 1985.

Bandhan Bank falls over 11%. Here’s why

Updated at : 2022-10-31 17:20:01

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Bandhan Bank on Friday reported a net profit of Rs 209 crore for the September quarter as against a Rs 3,009 crore loss in the year-ago period, owing to a sharp fall in provisions and a rise in net interest income.The bank made Rs 1,280 crore provisions in the September quarter against Rs 5,614 crore in the year-ago period. Net interest income rose 13.3% to Rs 2,193 crore.

Auto component maker Motherson Sumi Wiring India Ltd on Monday reported a 2 per cent rise in net profit at Rs 116.45 crore in the second quarter ended September 30, 2022. The company had posted a net profit of Rs 114 crore in the same period last fiscal, Motherson Sumi Wiring India Ltd (MSWIL) said in a regulatory filing.

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A combination of better seasonality and improving subscriber mix also boosted the telco’s average revenue per user (ARPU) 3.6% sequentially to Rs 190.

“We are transforming from the old IT system to the new IT system. In the new IT system, some operational cost has come in this quarter which has led to this increase in operational cost. During the last quarter, our credit deposit ratio was 101%. Now it has come down. We are in a better position.”

ET Markets found that foreign institutional investors (FIIs) consistently increased their stake in 49 BSE smallcap stocks in the last four quarters.

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