Fri, May 26, 2023 5:36 PM
Finolex Cables Consolidated March 2023 Net Sales at Rs 1,224.32 crore
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US stocks opened higher on Friday on megacaps' boost after robust quarterly results from Alphabet pushed its market value over $2 trillion while an in-line reading for a key inflation print calmed jitters around elevated interest rates. The Dow Jones Industrial Average rose 28.9 points, or 0.08%, at the open to 38,114.7. The S&P 500 rose 36.2 points, or 0.72%, at the open to 5,084.65.
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Four entities, including Maxgrow Fintrade, have settled with markets regulator Sebi a case concerning the suspected front-running of trades by paying nearly Rs 3 crore towards settlement charges and agreeing to comply with other conditions. The other three entities that settled the case with the Securities and Exchange Board of India (Sebi) are Bhavin Pankaj Doshi, Nitesh Kumar Jain.
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Shares of footwear and apparel maker Skechers USA Inc SKX are gaining after the company reported better-than-expected first-quarter FY24 earnings. Skechers reported first-quarter FY24 sales growth of 12.5% year-on-year to $2.251 billion, beating the analyst consensus estimate of $2.204 billion. The increase in sales was attributed to a 15.2% increase in International and a 7.8% increase.
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