Latest Stock Market News

The Dow Jones Industrial Average fell 185.92 points, or 0.57%, at the open to 32,468.67.

“I am looking at growing the food businesses by 15- 20% year on year. The edible oil business shall grow 5-10% which is the secular growth in the segment itself and some of the other categories like oil palm, etc, will have longer term tenure in terms of the growth. In four years’ time, that should take us closer to being a Rs 40,000-50,000 crore business.”

A rapid revival in demand across categories led to a robust quarterly performance despite the impact of the third wave of the pandemic. The investments in e-commerce and omnichannel expansion have shown results with rising consumer affinity for our brands," said an earning statement from ABFRL.

Aether Industries is a specialty chemicals manufacturer in India focused on producing advanced intermediates and specialty chemicals involving complex and differentiated chemistry and technology core competencies.In addition, there will be an offer for sale of up to 28.2 lakh equity shares by the promoter.

manufacturer Arvind Ltd Revenue from operations was at Rs 2,203.50 crore as against Rs 1,654.87 crore in the corresponding period of previous fiscal year.Its fabric and garment volumes remained strong across both domestic as well as export markets, said Arvind in an earning statement

Offshore assets under management with Indian mutual funds have grown from Rs 5.5 lakh crores in 2008 to Rs 38.94 lakh crores (the upper limit being $7 billion) in January 2022.

Decline in future turnover is being replaced by strong traction in options, they said, adding that nonlinear growth in option volume may aid business and earnings growth. On Monday, the scrip rose 5.45 per cent to hit a high of Rs 1,276.90.

We aim to achieve a 25% year-on-year rise in net profit every quarter this fiscal," managing director Partha Pratim Sengupta said."There is no negative impact on lending growth after the 40 basis points rise in repo rate," he said. RBI reversed its easy rate cycle in an off-cycle monetary policy meeting earlier this month reacting to the sharp rise in inflation.

In the previous trade, the precious metal finished at Rs 50,307 per 10 grams.Silver dipped by Rs 49 to Rs 60,920 per kg from Rs 60,969 per kg in the previous trade.

The 30-share pack Sensex fell 109.94 points or 0.20 per cent to close at 54,208.53. The index fell nearly 1 per cent from the day’s high. Its broader peer NSE Nifty also gave up gains to settle below the 16,250 mark.