Fri, Jan 10, 2025 5:33 PM
Shares of this wealth manager surged 7% ahead of its board meet
A Flip by Swapnil Tiwari
The rupee declined 14 paise and touched the crucial 86.00-mark (provisional) for the first time against the US dollar on Friday as it failed to resist pressure from a stronger American currency and huge outflow of foreign funds. Surging crude oil prices overseas and negative sentiment in domestic equity markets also weighed down the Indian currency, forex traders said.
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PCBL Chemical Ltd reported a 39.1% year-on-year decline in net profit to ₹93.1 crore for Q3 2024, despite a 21.3% increase in revenue to ₹2,010 crore, with EBITDA growing 13.7% to ₹317.4 crore in the third quarter of this fiscal over ₹279.1 crore in Q3 FY24.. The company declared an interim dividend of ₹5.50 per equity share.
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