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Goldman Sachs said investor focus will be on translation of Paytm’s robust reported GMV growth and disbursals into revenues, as well as further clarity on potential MDR regulations, which has been a key overhang on the stock

Earlier in the quarter, the bank faced allegations of loan ever-greening in the microfinance business it carries out through Bharat Financial Inclusion, a wholly-owned subsidiary.

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The company management said on the cost front, the company continued to witness an increase in commodity prices with an inflation of 4 per cent sequentially (quarter on quarter) and 20 per cent over last year.

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The Relative Strength Index of the stock stood at 61.0 on Monday.

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Marico said it recorded a turnover of Rs 80.5 billion (US $1.1 billion) through its products sold in India and chosen markets in Asia and Africa in the 2020-21 period, reports said.

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“For this year, I would like to be underweight on technology unless the valuations become much cheaper and then we take a different view.”

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Sun Pharmaceutical Industries Ltd., incorporated in the year 1993, is a Large Cap company (having a market cap of Rs 198508.98 Crore) operating in Pharmaceuticals sector.

Total income rose to Rs 846.19 crore during the October-December period of this fiscal year from Rs 837.57 crore in the corresponding period of the previous year, according to a regulatory filing.

Havells India shares up 2.75% as Sensex rises

Updated at : 2022-01-31 11:20:02

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A total of 13,799 shares changed hands on the counter till 10:40AM (IST)

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The IT firm reported over 50 per cent YoY rise in December quarter net profit at Rs 183.7 crore and said its revenue climbed to Rs 1,658.1 crore from Rs 1,190.6 crore in the year-ago quarter. Adjusted Ebitda margin at 19.5 per cent was in the last ten years.

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