Latest Stock Market News

Crompton Greaves Consumer Electricals Ltd., incorporated in the year 2015, is a Mid Cap company (having a market cap of Rs 23954.93 Crore) operating in Consumer Durables sector.

The brokerage said that the positives include market share gains across 95% of the portfolio and the announcement of the acquisition to expand the food business.

The brokerage said that the positives include market share gains across 95% of the portfolio and the announcement of the acquisition to expand the food business.

In a blog post, he argued that a single year’s free cash flow (to equity or the firm) actually has more noise in it, and is less informative about a company’s operating health, than a single year’s earnings (net income or EBITDA).

The private lender reported a marginal uptick in net profit at Rs 120.55 crore for the quarter ended September 2022 on growth in net interest income. The bank had posted a net profit of Rs 118.57 crore in the year-ago period.

"Some of the high frequency indicators such as GST revenues, auto sales and PMI among others have been continuously showing improvement. Even the credit growth continues to remain strong. Thus, with India emerging as one of the fastest growing countries in the world with consistent rise in its GDP growth rate as compared to other economies, it is expected that India will continue to shine among its peers."

The record date for the same is fixed as Friday, October 28, which means that investors holding the delivery of shares as of the given date would be eligible for the stake in the new entity. Investors, who bought the shares on Tuesday, October 25, will also be eligible for the shares of the new entity, holding the steel business.

The rise in oil prices from USD 90 per barrel to USD 94 per barrel would cap the rise in the rupee as oil is a major import for the country. Oil companies and importers will use this opportunity to buy dollars at a cheaper rate, Bhansali said.

The firm, which offers its services to industries ranging from telecoms to aerospace, reported revenue of 5.55 billion euros ($15.8 billion) in the third quarter, up 15.7% year-on-year at constant exchange rates compared to 4.55 billion euros a year earlier.

IndiaMART InterMESH Ltd. key Products/Revenue Segments include Income From Information Services for the year ending 31-Mar-2022.