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Revenue from operations of the company witnessed a growth of 16.51 per cent during the quarter under review at Rs 862.78 crore as compared to Rs 740.51 crore in the year-ago period.

Before this assignment, he held the position of Group General Counsel at ICICI Bank and provided strategic oversight to the legal function of the ICICI group.Earlier, he served as a member of the board of directors of ICICI Securities, ICICI Prudential Trust and ICICI Trusteeship Services.

Ajit Mishra, VP - Research, Religare Broking, said the recent bounce in laggards like IT and metal has further eased the pressure. "We maintain our positive yet cautious stance and prefer sectors like auto, FMCG and banking for long opportunities."

"Profit Before Tax (PBT) grew by 80.1 per cent to Rs 465 crore in Q1 FY2023. Capital gains were at Rs 32 crore in Q1 FY2023 as against Q1 FY2022. Consequently, Profit After Tax (PAT) grew by 79.6 per cent to Rs 349 crore in Q1 FY2023 as against Rs 194 crore in Q1 FY2022," the company said in a regulatory filing.

The company’s consolidated topline grew 48% year-on-year but declined 31% quarter-on-quarter to Rs 2,737 crore. Profits tripled on year to Rs 223 crore but were down 32% compared to the previous quarter.Earnings before interest, tax, depreciation and amortisation (EBITDA) grew by 132% year-on-year to Rs 311 crore. EBITDA was 35% lower than the preceding quarter. EBITDA margin came in at 11.4%.

On June 16, Housing Development Finance Corporation (HDFC Ltd) had informed the exchanges about invocation of 50,00,000 shares of Ansal Housing Ltd, aggregating to 8.42 per cent of its share capital"We now wish to inform that out of these invoked shares, the Corporation has sold 15,18,633 shares representing 2.56 per cent of the paid-up share capital of Ansal...," HDFC said in a regulatory filing.

The company reported a standalone revenue of Rs 3,993 crore, up 18% year-on-year. However, expenses grew twice as fast owing to high fuel costs.

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%.​