Gujarat Mineral Development Corporation (GMDC) has released its unaudited consolidated results for the quarter ended September 30, 2024 during the aftermarket hours on Tuesday. During this period, the state-owned mining and mineral processing company reported total revenue from operations of ₹593.01 crore, reflecting a decrease from ₹818.13 crore in the previous quarter.
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Chemical firm SRF Ltd on October 22 reported a 33 percent decline in its consolidated net profit to Rs 201.42 crore for the second quarter of this fiscal on higher expenses and announced plans to invest Rs 1,100 crore on new plants to manufacture fourth-generation refrigerants. Its net profit stood at Rs 300.78 crore in the year-ago period.
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Silver is experiencing a significant rally in global markets, outperforming gold and other asset classes with a stunning 42% gain so far this year. According to Michael DiRienzo, President and CEO of The Silver Institute, this upward trend is just the beginning for the precious metal. Currently trading near $34.50 per ounce globally, silver has captured investor attention.
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