Tue, Feb 27, 2024 2:40 PM
'Built to last' Berkshire nears $1 trillion valuation after record profit
A Flip by Shubhangi Gupta
Garden Reach Shipbuilders' order book stood at ₹24,221.37 crore, a 4% decrease from the previous quarter, despite which the company remains confident in achieving a 25% CAGR from FY23 to FY27, having reported a 21% increase in net profit to ₹97.77 crore and 28% growth in revenue to ₹1,152.92 crore in the September quarter.
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Nureca Ltd, a player in the home healthcare and wellness sector, has signed a Distribution Agreement with Zepto, the Indian quick-commerce platform known for delivering groceries and other essentials within 10 minutes. This partnership will make Nureca's products available on Zepto's platform, expanding its reach to a larger consumer base across India.
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The recent dip in MCX gold rates has left investors contemplating the right move as the wedding season approaches. On November 15, gold futures on the Multi Commodity Exchange (MCX) fell by ₹870, settling at ₹73,612 per 10 grams, marking a significant decline from the record high of ₹79,535 set on October 30. This drop of almost ₹6,000 has been fueled by global headwinds.
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