The Indian central bank, in a rare move, instructed some banks to cut long positions on the dollar-rupee pair on Friday, seeking to reduce speculative positions with the currency at a record low, four bankers directly familiar with the development told Reuters. The Reserve Bank of India's financial market regulations department informally communicated the instructions to banks, the bankers said.
Open FlipIndian banks' loan exposure to the embattled Adani Group seems "manageable" and any credit risk in the aftermath of its billionaire founder-chairman's indictment in the US looks "contained", JPMorgan said on November 22. They added that Indian banks' exposure to Adani Green, which is at the centre of the allegations, is "materially lower" at just 6 bps of banking system credit as of September.
Open FlipThe Sensex rose more than 1,600 points on Friday, making an intraday high of 78,978.23, while the Nifty is trading above the 23,800 mark today. Reliance Industry Ltd. is the top contributor in the Nifty50 index. Close to ₹6 lakh crore in investor wealth was added in today's trading sessions. Nifty PSU Bank, Oil and Gas, IT, and Realty were among the major sectoral gainers.
Open FlipNLC India Ltd on Friday, November 22, said it has emerged as the highest bidder for the new Patrapara south coal mine in Odisha's Angul district, subsequent to coal ministry's coal block e-auction held a day prior. It said the coal mine block has a total geological reserve of 720.87 million tonne with a peak rated capacity of 12 mullion tonne per annum.
Open FlipReported Standalone quarterly numbers for Yaan Enterprises are: Net Sales at Rs 0.68 crore in September 2024 up 153.61% from Rs. 0.27 crore in September 2023. Quarterly Net Profit at Rs. 0.03 crore in September 2024 up 150% from Rs. 0.01 crore in September 2023. EBITDA stands at Rs. 0.04 crore in September 2024 up 100% from Rs. 0.02 crore in September 2023.
Open FlipReported Standalone quarterly numbers for PH CAPITAL are: Net Sales at Rs 30.12 crore in September 2024 up 32.43% from Rs. 22.74 crore in September 2023. Quarterly Net Profit at Rs. 11.28 crore in September 2024 up 39.28% from Rs. 8.10 crore in September 2023. EBITDA stands at Rs. 15.36 crore in September 2024 up 39.51% from Rs. 11.01 crore in September 2023.
Open FlipReported Standalone quarterly numbers for RR Metalmakers India are: Net Sales at Rs 11.04 crore in September 2024 down 3.21% from Rs. 11.40 crore in September 2023. Quarterly Net Profit at Rs. 0.21 crore in September 2024 down 27.53% from Rs. 0.29 crore in September 2023. EBITDA stands at Rs. 0.99 crore in September 2024 down 28.26% from Rs. 1.38 crore in September 2023.
Open FlipReported Standalone quarterly numbers for AKG Exim are: Net Sales at Rs 16.53 crore in September 2024 down 21.05% from Rs. 20.93 crore in September 2023. Quarterly Net Profit at Rs. 0.08 crore in September 2024 down 45.74% from Rs. 0.14 crore in September 2023. EBITDA stands at Rs. 0.45 crore in September 2024 down 15.09% from Rs. 0.53 crore in September 2023.
Open FlipReported Standalone quarterly numbers for Pesti and Brew are: Net Sales at Rs 5.78 crore in September 2024 down 22.09% from Rs. 7.41 crore in September 2023. Quarterly Net Loss at Rs. 0.83 crore in September 2024 down 63.96% from Rs. 0.51 crore in September 2023. EBITDA stands negative at Rs. 0.79 crore in September 2024 down 88.1% from Rs. 0.42 crore in September 2023.
Open FlipReported Standalone quarterly numbers for Bodhi Tree Multimedia are: Net Sales at Rs 12.10 crore in September 2024 up 65.19% from Rs. 7.33 crore in September 2023. Quarterly Net Profit at Rs. 1.23 crore in September 2024 up 164.41% from Rs. 0.47 crore in September 2023. EBITDA stands at Rs. 2.01 crore in September 2024 up 113.83% from Rs. 0.94 crore in September 2023.
Open FlipReported Standalone quarterly numbers for Roto Pumps are: Net Sales at Rs 70.25 crore in September 2024 up 0.04% from Rs. 70.22 crore in September 2023. Quarterly Net Profit at Rs. 10.77 crore in September 2024 down 11.49% from Rs. 12.17 crore in September 2023. EBITDA stands at Rs. 19.11 crore in September 2024 down 4.5% from Rs. 20.01 crore in September 2023.
Open FlipReported Standalone quarterly numbers for Samyak International are: Net Sales at Rs 3.73 crore in September 2024 up 298.59% from Rs. 0.93 crore in September 2023. Quarterly Net Profit at Rs. 0.22 crore in September 2024 up 106.44% from Rs. 0.11 crore in September 2023. EBITDA stands at Rs. 0.35 crore in September 2024 up 133.33% from Rs. 0.15 crore in September 2023.
Open FlipKCD Industries India's standalone quarterly results for September 2024 show a significant decline in net sales, quarterly net profit, and EBITDA compared to September 2023, with EPS decreasing to Rs. 0.06 from Rs. 0.28. KCD Industries shares have given -18.34% returns over the last 6 months and -40.22% over the last 12 months.
Open FlipReported Standalone quarterly numbers for Ugar Sugar Works are: Net Sales at Rs 240.37 crore in September 2024 up 2.7% from Rs. 234.06 crore in September 2023. Quarterly Net Loss at Rs. 60.03 crore in September 2024 down 80.82% from Rs. 33.20 crore in September 2023. EBITDA stands negative at Rs. 40.71 crore in September 2024 down 150.22% from Rs. 16.27 crore in September 2023.
Open FlipReported Standalone quarterly numbers for Som Distilleries and Breweries are: Net Sales at Rs 157.08 crore in September 2024 up 16.56% from Rs. 134.77 crore in September 2023. Quarterly Net Profit at Rs. 7.40 crore in September 2024 up 35.84% from Rs. 5.45 crore in September 2023. EBITDA stands at Rs. 14.72 crore in September 2024 up 20.36% from Rs. 12.23 crore in September 2023.
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