Wed, Jan 20, 2021 1:16 PM
Meera Industries receives export order worth $171,000
A Flip by Flipitnews
PB Fintech shares opened lower on Wednesday, despite the company, which owns Policybazaar, reporting a significant turn from a loss of ₹9.34 crore last year to a net profit of ₹60.19 crore for the fourth quarter of fiscal year 2024. What Happened: The company saw its consolidated revenue increase by 25.36% to ₹1,089.57 crore compared to the previous year.
Open Flip
Market Update at 11:15 AM: In the ongoing trading session, Benchmark indices are trading on a negative note with Sensex moderately declining by 0.38%, while Nifty also plunged by 0.34%. Whereas, in the broader indices Nifty Midcap experience marginal gains of 0.04%, while Nifty Smallcap has moderately gained by 0.47%. India VIX is trading higher by 0.62%.
Open Flip
Shares of Pharma major, Dr Reddy Laboratories fell 5.2% in in Wednesday’s session on BSE to hit the day’s low of Rs 5,952.10 as the brokerages were not impressed even after the company reported a 36% year-on-year (YoY) jump in quarterly net profit. The company said that the jump in YoY net profit was largely driven by growth in global generics revenues in North America.
Open Flip
