Indian benchmark indices are trading negative after a strong gap up opening. Nifty has breached crucial support zone placed at 22,550, with heavy call writing at 22,600.This, as per experts, signals opening of doors for 22,300 downside. Recovery is expected if Nifty pushes above 22,600 level. Bars in red indicate the change in open interest (OI) of call writers.
Open FlipReported Consolidated quarterly numbers for Jaiprakash Power Ventures are:Net Sales at Rs 1,514.83 crore in March 2024 up 9.78% from Rs. 1,379.88 crore in March 2023.Quarterly Net Profit at Rs. 588.79 crore in March 2024 up 1438.46% from Rs. 43.99 crore in March 2023.EBITDA stands at Rs. 1,075.57 crore in March 2024 up 363.17% from Rs. 232.22 crore in March 2023.
Open FlipPVC, solid, waste and rain pipes manufacturer, Skipper, has retained its revenue growth guidance of 25% CAGR (compound annual growth rate) over the next two years. "We have the order book to support that and again, the effort will be certainly to far exceed that guidance as well," the company's Director Sharan Bansal told CNBC-TV18.
Open Flip