Prag Bosimi Synthetics Ltd has posted a total income of Rs. 3.4059 crores during the period ended March 31, 2022, as compared to Rs. 1.5974 crores during the period ended December 31, 2021. The company has posted a net profit / (loss) of Rs. -13.7582 crores for the period ended March 31, 2022, as against a net profit / (loss) of Rs. -5.9171 crores for the period ended December 31, 2021.

PhonePe, on May 18, announced that it will acquire wealth tech platforms WealthDesk and OpenQ. Sources reveal that the acquisitions together amount to around $70 million. The move will help PhonePe to boost its presence in the wealth management space. Following the deal, WealthDesk will continue to remain an open platform for all players, and founder Ujjwal Jain will lead the company.

Carlos Tavares, who is the head of Stellantis sees India to be a profitable market and a strong growth opportunity than the car manufacturers previously speculated. This is amid the market faces challenges in countries like China and Russia. Further, the carmaker predicts the revenues in the South Asia nation to post over double by 2030 and operating profit margins to be doubled in two years.

Rajshree Sugars and Chemicals Ltd has posted a total income of Rs. 184.0115 crores during the period ended March 31, 2022, as compared to Rs. 77.3131 crores during the period ended December 31, 2021.The company has posted a net profit / (loss) of Rs. 40.5529 crores for the period ended March 31, 2022, as against a net profit / (loss) of Rs. -19.7373 crores for the period ended December 31, 2021.

Ape Board, a decentralized finance (DeFi) portfolio tracker, was bought by Nansen, the on-chain data platform, for over $10 million. The platform consisted of over 375 protocols on 33 blockchains, including Ethereum, Solana, Polygon, and more. Now integrating the Nansen’s analytics with Ape Board’s portfolio tracking, the company is looking to make an all-in-one “super-app".

Net profit of Sanjivani Paranteral surged 1.44% to Rs 1.41 crore in the quarter ended March 2022 as against Rs 1.39 crore during the previous quarter ended March 2021. Sales fell 27.64% to Rs 5.21 crore in the quarter ended March 2022 as against Rs 7.20 crore during the previous quarter ended March 2021. Net profit rose 241.55% to Rs 4.85 crore in the year ended March 2022.

Net profit of Sharon Bio-Medicine falls 16.58% to Rs 4.68 crore in the quarter ended March 2022 as against Rs 5.61 crore during the previous quarter ended March 2021. Sales surged 8.16% to Rs 48.53 crore in the quarter ended March 2022 as against Rs 44.87 crore during the previous quarter ended March 2021. Net profit rose 25.77% to Rs 17.67 crore in the year ended March 2022.

The US dollar eased for a third straight day by 0.86% yesterday amid an uptick in investors’ appetite for riskier assets. Currently, the USDINR (May) is trading below its 50-day moving average, thus showing a strong sign that it can further continue its downtrend. In this situation, ICICI Direct suggest selling USDINR at a target of Rs 77.25 and maintaining a stop loss at Rs 77.66.

A wholly-owned subsidiary of PG Electroplast Limited (PGEL)--PG Technoplast Private Limited, has revealed that it has officially inaugurated its flagship AC Manufacturing facility in Supa, Ahmednagar. It is noteworthy that the factory had commenced commercial production earlier this year in January. Its stock was trading higher after this.

The Anup Engineering Ltd posted a Net Sales of Rs 99.98 crore in March 2022 down 24.69% from Rs. 132.76 crore in March 2021. Quarterly Net Profit at Rs. 32.36 crore in March 2022 up 17.44% from Rs. 27.55 crore in March 2021.EBITDA stands at Rs. 26.16 crore in March 2022 down 28.64% from Rs. 36.66 crore in March 2021. TAEL EPS has increased to Rs. 32.71 in March 2022.

Bharti Airtel stock was trading on a bullish note during Wednesday's early deals a day after the telco beat estimates with an almost 164% YoY growth in consolidated net profit during Q4FY22. The robust performance was driven by sharp tariff hikes taken by its India mobile business last November. It boosted average revenue per user (ARPU), strong user additions, and one-time gains.

Tejnaksh Healthcare Ltd has posted a total income of Rs. 3.0011 crores during the period ended March 31, 2022, as compared to Rs. 3.1184 crores during the period ended December 31, 2021. The company has posted a net profit / (loss) of Rs. 0.5418 crores for the period ended March 31, 2022, as against a net profit / (loss) of Rs. 0.6829 crores for the period ended December 31, 2021.

Andrea Panconesi is set to debut into the world of NFTs. Andrea is launching Wear3, a blockchain-powered, democratic marketplace that will be selling NFT wearables. NFTs wearables are pieces of virtual clothing or digital accessories that you can use to dress up your avatar in a virtual world. Wearable NFTs traded on the marketplace can be used for avatars on the gaming platform Mod4.

Ultracab India reported Net Sales of Rs 25.84 crore in March 2022 up 19.23% from Rs. 21.67 crore in March 2021. Quarterly Net Profit at Rs. 1.07 crore in March 2022 up 51.83% from Rs. 0.70 crore in March 2021. EBITDA stands at Rs. 2.92 crore in March 2022 up 14.96% from Rs. 2.54 crore in March 2021. Ultracab India EPS has increased to Rs. 0.62 in March 2022.

Paradeep Phosphate's maiden issue has been subscribed by 33% on day two so far. Investors have placed bids for 8.77 crore shares against an IPO size of 26.86 crore units. Retail investors have subscribed for 64% of the shares reserved for them as against 13.15 crore, while the non-institutional investors’ portion was subscribed 7%. Qualified institutional buyers have placed bids for 4,900 shares.