Tue, Jan 19, 2021 7:05 PM
Rs 1,000 crore to be infused by DCM Shriram into its chemicals business
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Shares of NBCC (India) Ltd jumped 4 percent in early trade on May 30 after posting robust Q4 results. At 9:17 am, the shares of NBCC (India) Ltd were trading 3.57 percent higher at Rs 43.40 on NSE. State-owned NBCC (India) Ltd, on Monday, posted a consolidated net profit of Rs 108 crore for the March quarter. This is 205 percent higher from Rs 35.39 crore a year ago.
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The rupee depreciated 13 paise to 82.80 against the US dollar in early trade on Monday, after the central bank said it will withdraw the highest-value currency note from circulation. At the interbank foreign exchange, the domestic unit fell to 82.80 in the initial trade, registering a decline of 13 paise over its last close. On Friday, the rupee settled at 82.67 against the dollar.
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Shares of Venus Remedies Ltd hit the 20% upper circuit on May 30 after the company reported an over 200% jump in its March quarter net profit. The stock hit a high of Rs 238.35 on the BSE, up 20% from its previous close. Standalone net profit for the March quarter stood at Rs 7.54 crore, up 211.57% from Rs 2.42 crore a year ago. Revenue for the quarter jumped 15.34% to Rs 148.53 crore last year.
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