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Total income during the April-June period of FY 2022-23 was slightly up at Rs 3,135.80 crore as against Rs 3,115.71 crore in the year-ago quarter, it said in a regulatory filing.

The credibility of this upmove was enhanced as Nifty50 witnessed buying interest on dips, said Mazhar Mohammad of Chartviewindia.in. Mohammad said that the index can test its 200-day EMA, whose value is placed around 16,520 level if it were to sustain above the 16,187 level.

The Dow climbed 255 points, or 0.79%. The S&P 500 ticked up 1.02%, and the Nasdaq Composite rose 1%.​

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“We believe that another tariff hike is coming in the next 12 to 18 months. The average revenue per user is still very low at less than $2. Most of these telecoms would try to increase their tariff towards the Rs 200 mark in the next 12 to 18 months. This sector is moving towards high tariff, better profitability and better revenue market share being consolidated in the top two telecom companies.”

“A few days back, Syngene had the first long-term deal with a big global pharma company, a $500-million deal over a period of 10 years which is very significant in the contract manufacturing space and it essentially shows the potential for Indian contract manufacturers in the CRAMS space.”

The implementation of Pocket RPC will not only provide scalable and cost-effective access to Aave dApps, but it will also reinforce Aave’s status as one of the most decentralized platforms in the market.The provision of Pocket Network’s 44,000 nodes to Aave developers unlocks new capabilities for deriving real-time blockchain data, such as pricing and smart contract state, said Michael O’Rourke, CEO of Pocket Network.

“From an investor standpoint, we are not in an environment where valuations are expensive and hence returns could be compromised. But at the same time, we are not in an environment where valuations are cheap and hence returns are going to be outsized, being close to historical averages which means that one should have reasonable expectations of returns going forward.”

The company said its Home Care segment delivered 30 per cent growth driven by strong performance in Fabric Wash and Household Care. Both categories grew in high double-digits, with all parts of the portfolio performing well, it said.

Net sales for the quarter rose 18.43 per cent YoY to Rs 3,958 crore from Rs 3,342 crore in the same quarter last year. Ebitda for the quarter came in at Rs 685 crore, impacted by significant rise in fuel prices that was partly mitigated by efficiency initiatives, the company said in a BSE filing.