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The company reported a net profit of Rs 131 crore in the corresponding quarter of the previous year. The revenues rose 10% YoY to Rs 1607 crore in Q2FY23 compared to 1463 crore in Q2FY22.​The earnings before interest, tax, depreciation and amortization (EBITDA) stood at Rs 316 crore in Q2FY23, improving by 9% YoY. The EBITDA margin stood at 20%.

Mahindra farm equipment division witnessed the highest second-quarter volume this fiscal. The automobile segment too posted record volumes last quarter. The company said that exports for both vehicles and tractors remained strong in the period under review.

The Algorand Foundation is working to grow and empower the ecosystem around Algorand, the leading carbon-negative Layer-1 blockchain, and Decipher’s programming will highlight top founders and investors from both within and beyond the Algorand network.

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“I do not think a little bit of tapering off of Indian interests is going to make a material impact upwards on the valuation of Indian companies. Given the resilience of Indian markets, yesterday’s events are not going to materially upgrade their prospects. They are anyway trading at a good multiples.”

However, for the half year from April-September period of the current fiscal, the debt-ridden company remained in the red with net loss of Rs 276.17 crore. But the loss was trimmed against Rs 2,161.80 crore registered in the first half of 2021-22.

The new rules imply that HDFC Bank will be considered as an extension of HDFC Ltd post the merger, and the foreign headroom requirement will be that of an existing constituent.

The recent introduction of policies on decentralized assets might have resulted in a drastic drop in value. Nevertheless, even after much uproar and mayhem, the market remains buoyant as investors continue to be confident about the new-age currency.

On the derivatives front, the highest call OI was at 18,500 strike price, followed by 18,600 strike price, while on the put side, highest OI remained at 18,000 followed by 18,200 strike price.

For crypto investors, this entire week has been a rollercoaster ride