Medanta's stock hit a high of Rs 424.65 and a low of Rs 390.55 on the NSE, where Rs 2,000 crore worth of shares changed hands
Retail portion just half covered; institutional investor and HNI portions subscribed 3.8x and 3x, respectively
Profit fell 15.6 per cent over the preceding June quarter when it had reported a net of Rs 15,205.85 crore
Biocon's core Ebitda came in at Rs 816 crore, up 34 per cent
The company has also achieved a market share of 32 per cent in Q2FY23
Although the Indian crude basket fell from an average of $109.5 per barrel in Q1 to an average of $97.87 a barrel in Q2, prices remained high in absolute terms
Profits down 91% in Q2, driven by margin contraction because sales realisation did not keep pace with rise in expenses
In an emergency bid to secure stable LNG supply, GAIL has sought to expedite talks on short- and long-term supply deals with Gulf firm ADNOC
In Q2, integrated resource management, saw revenue growing over three times to Rs 30,435 crore YoY
Revenue for the quarter was up 39% YoY to Rs 1,230.8 crore
International patient revenues up 16% during quarter, 110% of pre-Covid average; PAT grows 29% on like-to-like basis
As part of the ITC Next strategy, we are making sure that the organisation remains agile, nimble and consumer-centric at all times
Soft prices of commodities including metals is weighing on investor sentiment
The firm is currently carrying out beta trials of the 5G service in eight cities nationwide, has now seen eight consecutive profitable quarters
Revenue and net profit both were ahead of consensus estimates
Flipkart's operating loss or EBITDA (earnings before interest, taxes, depreciation, and amortisation) loss stood at Rs 3,925 crore, which was up from Rs 2,267 crore in the previous fiscal
Global macroeconomic challenges to shape turnaround of JSW Steel and Bhushan Power & Steel
At the end of the second quarter (Q2), the company's revenue stood at Rs 1,360 crore and net debt at Rs 2,142 crore, said the company
Brokerage says IT services firms score over cement on key parameters such as return on average capital employed, free cash flow to Ebitda ratio, dividend, and buyback payouts vis-a-vis PAT
While domestic market demand is strong, analysts expect higher raw material and freight costs to affect business in US, other countries; healthy YoY growth seen in hospitals and diagnostics