The platinum group metals market faces another year of deficits, with platinum forecast for its largest supply shortfall in 10 years. Primary supply of platinum, or the supply directly from producers, is expected to decline by 2% on-year to around 5.68 million troy ounces, while demand is expected to remain firm across all sectors, according to a new report by Johnson Matthey.
Open FlipBank of Baroda shares rose 3% to Rs 272 in Thursday's trade after the Reserve Bank of India (RBI) lifted a ban imposed on the bank, which was barred from onboarding customers through its mobile banking application.Government-owned BoB told stock exchanges that the RBI, in a letter dated May 8, conveyed the decision to lift the restrictions on 'BoB World' with immediate effect.
Open FlipShares of Bajaj Consumer Care plunged over 8% to Rs 238 in Thursday’s trade on BSE after the firm reported a 12% year-on-year (YoY) decline in net profit for Q4 FY24. Additionally, the company also approved a buyback proposal.The company on Wednesday reported a consolidated net profit of Rs 35.58 crore for the March-ended quarter, down by 12% over Rs 40.46 crore reported.
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