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Market opening - An Overview
Nifty futures on Singapore Exchange traded 17.45 points, or 0.11 per cent, Lower at 15,816.50 signaling that Dalal Street was headed likely to have a negative opening on Wednesday.
The Indian rupee traded 74.49 against the US currency on Tuesday.
Shares in News today:
Mindtree: The company reported higher profit at Rs 343.4 crore in Q1FY22 against Rs 317.3 crore in Q4FY21, revenue rose to Rs 2,291.7 crore from Rs 2,109.3 crore QoQ.
Vedanta: The Lanjigarh refinery produced 4,82,000 tonnes of alumina in Q1FY22, 1% higher as compared to Q1FY21 and 3% lower as compared to Q4FY21. The Lanjigarh refinery continues to operate at over 1.9 Mtpa production run rate. The company continued to receive bauxite from The Odisha Mining Corporation as per the long-term linkage.
Tata Metaliks: The company reported profit at Rs 94.72 crore in Q1FY22 against loss of Rs 12.36 crore in Q1FY21, revenue jumped to Rs 602.97 crore from Rs 209.94 crore YoY.
Bodal Chemicals: Samyaktva Construction LLP acquired 0.37% equity stake in the company, increasing shareholding to 5.27% from 4.9% earlier.
Suryavanshi Spinning Mills: The company reported loss at Rs 0.73 crore in Q4FY21 against loss of Rs 1.35 crore in Q4FY20, revenue fell to Rs 13.65 crore from Rs 17.42 crore YoY.