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Gold falls by Rs 195, silver drops by Rs 223

Updated at : 2022-08-01 18:25:02

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"Gold prices traded weak with spot gold prices at COMEX trading around 0.14 per cent down," said Tapan Patel, Senior Analyst (Commodities) at HDFC Securities.

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"The average increase in diesel prices by 11 per cent during the Q1 has resulted in an increase of all in-bound/out-bound logistics cost," it said, adding "during the Q1, the average price of pet coke has increased by 90 per cent compared" to the corresponding quarter.

The number beat the Rs 3,985 crore profit figure analysts anticipated in an ET NOW poll.

"Profit after tax increased by 151.6 per cent to Rs 802 crore from Rs 318.8 crore in Q2/2021, driven by high growth in revenue from operations and improvement in margins," the earning statement said.

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Eveready Industries, in which the Burman family were classified as promoters last month, reported total expenses of Rs 310.50 crore in Q1 FY 2022-23, up 27.16 per cent from Rs 244.17 crore earlier.

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"Arvind continued to deliver on its stated objective of reducing Long Term debt, and reduced it by Rs 56 crores during this quarter. Arvind Limited closed the quarter at a net debt of Rs 1,809 crore," it said.

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Its total revenue from operations rose 15.10 per cent to Rs 249.44 crore during the period under review, as against Rs 216.71 crore in the corresponding quarter a year ago, said a regulatory filing by Bajaj Consumer Care.

CDSL Q1 Results: PAT drops 10% to Rs 58 crore

Updated at : 2022-08-01 17:20:03

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"Our digital services for DPs (depository participants), investors and other market participants have been delivering on the promise of making it easier to access the securities markets independently and improve the experience for all market participants," he added.

“Given that the whole scale of the real money gaming business in India is very large, the opportunity for Nazara to consolidate and scale this pretty rapidly will be very high. Today it contributes about 5-6% of our overall revenues but can this be a 20% contributor in the next couple of years? It surely can be but with the rider that we need more clarity to operate in this space.”

Extending its gains in the new month, Mahindra & Mahindra (M&M) hit new life highs on Monday as the company recorded a strong booking response to its newly launched Scorpio N.

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