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Investors should watch out for the outlook on revenue growth in FMCG, hotels and paper businesses as economic activities return to normal levels. Analysts said the healthy double-digit revenue growth in FMCG business would be led by a recovery in the stationery business and price increases.

Symphony Executive Director Nrupesh Shah said the company has a "robust off-season collection, in line with the pre-Covid period" and positive trade sentiment."Q2 FY23 recorded the highest ever second quarter Standalone and Consolidated sales, up by 10 per cent and 1 per cent, respectively, vis-a-vis previous historical high.

A total of 64,388 shares changed hands on the counter till 02:10PM (IST).

“Despite the uneven distribution of monsoon, domestic business leveraged our geographic and portfolio diversity to achieve growth. While margins were satisfactory in the domestic business, international business margins were lower compared to Q2 of the previous financial year. Going forward, we continue to remain focused on our long-term growth plans of new product introduction and capital investment.

Shares of the company were trading a tad higher at Rs 282.95 per share on the NSE. In the previous quarter ended June 2022, Damani held 6,16,379 equity shares in the company or a 0.26% stake.

A total of 20,742 shares changed hands on the counter till 01:29PM (IST)

The stock traded at a P/E multiple of -2532.11, while the price-to-book value ratio stood at 4.71.

The remaining 50% of demand for silver comes as a precious metal for jewellery and investment. Investors treat silver as a hedge against currency depreciation and hence wish to hold it as an investment. Investors can treat silver as part of their core asset allocation as it has historically had a low correlation with equities, and thus adds diversification to the portfolio.

Federal Bank Ltd., incorporated in the year 1931, is a banking company (having a market cap of Rs 27387.69 Crore).

A total of 15,790 shares changed hands on the counter till 11:57AM (IST).