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Total income rose to Rs 846.19 crore during the October-December period of this fiscal year from Rs 837.57 crore in the corresponding period of the previous year, according to a regulatory filing.

Havells India shares up 2.75% as Sensex rises

Updated at : 2022-01-31 11:20:02

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A total of 13,799 shares changed hands on the counter till 10:40AM (IST)

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The IT firm reported over 50 per cent YoY rise in December quarter net profit at Rs 183.7 crore and said its revenue climbed to Rs 1,658.1 crore from Rs 1,190.6 crore in the year-ago quarter. Adjusted Ebitda margin at 19.5 per cent was in the last ten years.

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“I would continue to remain somewhat overweight on simply because the visibility of earnings is fairly strong. ”

“Economic growth and financial buoyancy should not be seen in isolation. I believe that for a fast growing large economy like India, both have to move hand in hand and the Budget is one of the great platforms to ensure that the policy moves forward to further encourage and boost private investment in the economy and market.”

All of the top-10 digital tokens were trading lower during the trade on Monday. Terra dropped more than 10 per cent while XRP and Solana shed 5 per cent each.

Gold remained under pressure as the US dollar strengthened ahead of key central bank meetings, making bullion more expensive for holders of other currencies.

Net sales for the pharma major is seen rising 9.04 per cent YoY to Rs 9,635 crore from Rs 8,836 crore in the same quarter last year. Ebitda could climb to Rs 2,486 crore from Rs 2,406 crore in the year-ago quarter, the ET NOW poll suggested.

S&P BSE Sensex has climbed in the month following the budget day in only three of the past eight years since Prime Minister Narendra Modi came to power in 2014. It fell or traded rangebound on the other five occasions.

At 9.20 am, the BSE Sensex was trading 689.15 points or 1.20 per cent, higher at 57,889.38. The NSE Nifty50 stood at 17,311.70, up 209.75 points or 1.23 per cent. India VIX rose 5 per cent to 21.76, suggesting high volatility ahead.

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