Intercontinental Exchange reported a rise in adjusted profit for the first quarter on Thursday as volumes hit a record on surge in energy markets trading. The conflict in the Middle East has resulted in a reshaping of the global commodities and energy markets, significantly raising volatility as investors assess the impact of shifting supply chains.
Open FlipShares of Kotak Mahindra Bank on Thursday ended nearly 3 per cent lower after the company announced that its Joint Managing Director K V S Manian has stepped down with immediate effect. .The lender's stock declined 2.95 per cent to settle at Rs 1,575.80 on the BSE. During the day, it tanked 4.38 per cent to hit a 52-week low of Rs 1,552.55.At the NSE, it dipped 2.82 per cent to finish.
Open FlipRITES Limited secured a significant international contract to supply 200 Broad Gauge (BG) passenger carriages to Bangladesh Railway. This 36-month project, valued at approximately USD 11,12,63,998.22 (CIF, Chittagong), includes not only the carriages themselves but also their drawings, parts catalogues, essential spare parts for both initial investment and maintenance purposes, overseas training.
Open Flip