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Its revenue from operations rose to Rs 981.40 crore in comparison to a lower base of Rs 59.39 crore in the corresponding quarter last fiscal, when the screening business was disrupted due to the second wave of the coronavirus pandemic.

“Our ticket pricing is up 23% compared to pre-pandemic levels. But if one were to break it down, cinemas have been shut for two years. We have really caught up on inflation. The line-up of films that we are seeing and the demand that we are seeing at theatres, make us extremely confident that we will be able to sustain these levels of ticket pricing growth at our cinemas.”

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According to the data available on Trendlyne and the latest shareholdings of the companies, Kacholia picked fresh stakes in Barbeque-Nation Hospitality and Repro India during the April-June 2022 period.

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Total income of the company rose by 10.4 per cent to Rs 4,544.51 crore as against Rs 4,116.14 in June 2021. Consolidated revenues from operations, meanwhile, grew by 5.1 per cent year-on-year to Rs 4,311 crore compared with Rs 4,102.79 crore.

Continuing its gaining streak for the 5th straight session, the 30-share pack Sensex advanced 284 points to close at 55,681.95. The index has advanced over 2,200 points (4.24 per cent) in the last 5 days of the rally. Its broader peer, Nifty50, also settled above 16,600. The benchmark closed above the 16,600 mark for the first time since June 2.

Stock market update: Nifty Bank index advances 0.64%

Updated at : 2022-07-21 17:20:02

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The Nifty Bank index closed 0.64 per cent up at 36201.0.

AU Small Finance Bank reported a 32 per cent year-on-year (YoY) growth in net income to Rs 268 crore in the June quarter on better asset quality and higher loan sales that grew more than fourfold.The biggest boost to the bottom line of the private lender has come from a massive improvement in the asset quality, with gross steeply falling to 1.96 per cent.

It is expected that the power and fuel costs for the quarter might have jumped 10-15 per cent, sequentially. Besides, the numbers may show a 5-7 per cent sequential increase in freight cost.Higher pet coke and thermal coal prices in the past six months are likely to drag the quarterly numbers, the ET NOW poll suggested.

As foreign investors own about 18-20 per cent of the Indian market, the INR/USD value impacts stock market investors. Forex experts say the buoyancy in the dollar index seems to be petering out.“July trends show FII outflows from the equity markets have slowed during the first fortnight, while Indian markets have managed to fetch some gains during the last 30 days, even as pain persists in global equities.

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Deepak Nitrite Ltd., incorporated in the year 1970, is a Mid Cap company (having a market cap of Rs 24759.43 Crore) operating in Chemicals sector.

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