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The company reported a consolidated profit after tax of Rs 238 crore in the last quarter. For the half-year ended 31st September 2021, the company reported a net profit of Rs 502 crore.

The balance amount of the issue is to be paid in two more additional calls as may be decided by India’s second-largest telco as part of the issue.

The conglomerate said the September quarter witnessed broad-based recovery in sales across markets and channels. ITC said there was a strong pick-up across all operating segments in the period under review after severe disruptions in the June quarter.

Net profit fell to Rs 247 crore in the quarter ended September 2021 from Rs 300 crore a year ago mainly as benefits paid including bonuses doubled to Rs 12,702 crore in September 2021 from Rs 6,426 crore a year earlier.

Treasury yields shot up by 14-19 basis points Wednesday in the primary auction since the preceding two such bids conducted by the Reserve Bank of India (RBI).

Inflation expectation in the US measured by the 5-year breakeven inflation has risen to 2.94 per cent, the highest in 16 years. The persistence of a list of inflationary factors have led to a rise in core inflation and feeding into views of a potential wage-price spiral, especially when the labour market has tightened.

Thursday is likely to see a stable start once again to the day. The levels of 18300 and 18355 will act as immediate resistance points. The supports come in at 18150 and 18020 levels.

The meme token has soared over 35 per cent in the last 24 hours and has doubled investors wealth in the last one week. The recent run of Shiba Inu has crowned it as the 11th largest cryptocurrency, as per Coinmarketcap.com.

For its upcoming IPO, the Vijay Shekhar Sharma run firm is targeting a valuation of $20 billion, slightly lower than its ask of $22 billion, these sources said.

Total income stood at Rs 559.97 crore in the quarter against Rs 393.57 crore in the year-ago period.