Hindalco Q1 net rises 48% to ₹4,119 crore

Hindalco Q1 net rises 48% to ₹4,119 crore

Hindalco Industries Ltd. reported first quarter consolidated net profit grew 48% to a record ₹4,119 crore. EBITDA grew 27% to ₹8,640 crore. The results were driven by better macros, robust performance of aluminium downstream and copper businesses along with better operating efficiencies, the company said. During the quarter, the company reported consolidated revenue of ₹58,018 […]

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Sensex, Nifty drop nearly 1% on global recession fears

Sensex, Nifty drop nearly 1% on global recession fears

Benchmark BSE Sensex and Nifty closed lower by nearly 1% on July 26 amid fresh foreign fund outflows and mixed global trends. The 30-share BSE benchmark fell by 497.73 points or 0.89% to settle at 55,268.49, extending its losses for second straight day. During the day, it tanked 562.79 points or 1% to 55,203.43. The […]

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Markets fall in early trade dragged down by Reliance, weak global equities

Markets fall in early trade dragged down by Reliance, weak global equities

The broader NSE Nifty dipped 70.35 points to 16,649.10. The broader NSE Nifty dipped 70.35 points to 16,649.10. Benchmark indices fell in early trade on Monday with the BSE Sensex declining over 255 points, largely dragged down by Reliance Industries and weak global equity markets. The 30-share BSE benchmark fell 255.39 points to 55,816.84 in […]

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