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The company is the only manufacturer of sulphate potash in India. Its marine chemicals business is predominantly conducted on a business-to-business basis both in India and internationally.
Five Star Business Finance has created a business model based on identifying an appropriate risk framework and the ideal instalment-to-income ratio to make sure that customers have the resources to repay the loan.
Bharti Airtel, Apollo Hospitals, Maruti Suzuki, Eicher Motors and Britannia Industries were among the top Nifty losers
Adani Transmission, P&GHH, Dalmia Bharat, M&M Finance, Relaxo Footwears, Grindwell Norton, Kajaria Ceramics, EIH, Redington India, Triveni Turbine and KSB are among the companies that will announce their results for September 2022 quarter today.
Growing expectations the central bank may have enough justification to begin slowing in December — partly due to data pointing to a weakening economy and a corporate earnings season that has been better than expected — helped stocks rally in October, with the Dow notching its biggest monthly percentage gain since 1976.
On the BSE, Healthcare, Information Technology, Metal, Realty and Power indices gained 1-2 percent.
Higher-than-expected sales growth was driven by execution tailwinds in the infrastructure projects segment and sustained growth momentum in its IT & TS (technology services) portfolio.
The two-year yield, which rises with traders’ expectations of higher Fed fund rates, touched 4.4803% compared with a U.S. close of 4.501% on Monday. The yield on benchmark 10-year Treasury notes stood at 4.0478% compared with its U.S. close of 4.077% .