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The stock crashed 20 per cent for straight two sessions after the company posted a massive 81 per cent year-on-year (YoY) fall in consolidated net profit to Rs 100.4 crore in the June 2022 quarter. It had registered a net profit of Rs 539.2 crore in the corresponding period last fiscal.

Its loan assets portfolio shrank to Rs 56,301 crore at the end of June from Rs 60,438 crore a year back and from Rs 56,889 crore at the end of last fiscal, on account of sell down and accelerated payments in relation to corporate book. Its retail loan assets also saw a mere 1.7% year-on-year rise to Rs 50,295 crore.

"Our relentless efforts have resulted in favourable output. As we ramped up e-bus manufacturing, the deliveries increased to a record level of 169," said K.V.Pradeep, Chairman and Managing Director, adding that the company has increased the deliveries to various state transport units and will honour the delivery schedules.

"There is metal and commodity price inflation and the prices have softened by 30-40 per cent. Passing on these prices into the product has a lag of five to six months. Finally, the central bankers, government and everybody is addressing the issue of inflation. so we believe it will take another couple of months and thereafter we would expect that things would turn positive."

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The regulator, issued a show cause notice to Gianchandani in September 2021, whereby it was alleged that he had executed eight transactions during October 2015-2016 without obtaining pre-clearance for his trades from the board of PVR Ltd. By doing so he allegedly violated rules prescribed under the insider trading rules.

"The increase in revenue was driven by like-for-like growth of 28.3 per cent. Dine-in and takeaway channels combined witnessed strong sequential growth, while momentum continued in the delivery channel," said JFL in its earnings statement.

In the previous trade, the yellow metal finished at Rs 51,158 per 10 grams.Silver also surged by Rs 1,335 to Rs 56,937 per kg from Rs 55,602 per kg in the previous trade.

he company had posted a consolidated net profit of Rs 4,224 crore in the year-ago period, Vedanta Ltd said in a regulatory filing.Its consolidated income during the April-June period increased to Rs 39,355 crore from Rs 29,151 crore last year.

The Nifty Realty index closed 2.07 per cent up at 446.8.