Fri, Dec 27, 2024 10:55 AM
Petrol, Diesel Price Today 27 December 2024 in Chennai, Surat, Lucknow
A Flip by Riya Sharma
Sula Vineyards Limited, India’s top wine producer, announced its Q3 FY25 business update, reporting net revenue of ₹217.3 crore, down 0.7% from ₹219 crore in the year-ago quarter. The company’s wine tourism business stood out with its best-ever quarterly revenue of ₹16.4 crore, an 11.5% year-on-year increase. On the BSE, the wine producer’s stock closed flat today at ₹374.50, down 0.61% or ₹2.30.
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Nifty formed a small positive candle on the daily chart on Tuesday with a gap-up opening and a long upper shadow. Technically, this indicates an upside bounce in the market with a lack of strength to sustain the highs. The negative chart pattern like lower tops and bottoms is intact on the daily chart and the current upside bounce could possibly open another lower top formation in the short term.
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Steel Authority of India Ltd (SAIL) announced the appointment of Alok Verma as Director In-Charge of its Rourkela Steel Plant, effective January 14, 2025. The appointment follows a nomination by the Government of India via a Ministry of Steel order dated January 13, 2025, and was approved by the company’s Board of Directors.
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