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Ashok Leyland Ltd. key Products/Revenue Segments include Commercial Vehicles, Spare Parts & Others, Sale of services, Engine & Gensets, Ferrous Castings, Scrap, Export Incentives and Other Operating Revenue for the year ending 31-Mar-2021.

A total of 21,016 shares changed hands on the counter till 11:47AM (IST)

Americans are confronting more expensive food, fuel and housing, and some are grasping for answers about what is causing the price burst, how long it might last and what can be done to resolve it. At the same time, the war in Ukraine is cutting into the world’s supply of food and fuel, pushing overall inflation higher and feeding into the cost of other products and services.

Crypto spent much of the weekend in the red, following Friday’s CPI report that showed inflation rising, said CoinDCX Research Team. "Going into 2023, we expect major central banks to continue their trajectory of quantitative tightening and policy rate hikes."

"Moving forward, we believe that India will continue to be a major contributor to our overall revenue mix. However, with the acquisition of Masiv and MR Messaging, we believe that we will witness increased contribution from new geographies - Latin America, Asia, and Europe. We expect growth to be balanced between the domestic Indian market and global markets in FY23."

The partially convertible rupee weakened past the 78/$1 mark for the first time ever and was last trading at 78.2130/$1. The Indian currency had settled at 77.8325/$1 on Friday. “Rupee to trade in a range of 77.80 to 78.20 as US inflation comes higher at 8.3 per cent making the expectation of a 75 basis point hike in September a reality,” Finrex Treasury Advisors Head of Treasury Anil Kumar Bhansali said.

The stock traded at a P/E multiple of 80.4, while the price-to-book value ratio stood at 7.32.

TTK Prestige Ltd., incorporated in the year 1955, is a Mid Cap company (having a market cap of Rs 10990.01 Crore) operating in Consumer Durables sector.

There are specific sectors that benefit from a reasonable uptick in inflation. For example, asset owners like hotels, and malls gain as the replacement cost goes up. General insurance is another beneficiary as the ticket size increases because of inflation. Banking too stands to gain in the initial phase of an interest rate rise. At the same time, a very sharp rise in interest rate can hurt growth.

Top fund manager Saurabh Mukherjea, who believes that taking a call on a smallcap company is akin to taking a call on the promoter, says smaller companies are, by and large, family-owned and family-operated businesses usually involving a single promoter or a few promoter family members who are at the helm of the affairs.