Inherent to the tyre industry, raw material costs forms the largest cost head, accounting up to 65 per cent of the total cost, said analysts
Posts in category Business Standard
Crypto exchange CoinDCX releases proof of reserve for January-March 2023 (28-04-2023)
As of March 24, 2023, CoinDCX has reserves of 199.4 million tether (USDT) against the liabilities in 198.5 million tether (USDT)
L&T gains over 2%, hits record high on hopes of strong order inflows (28-04-2023)
L&T would be a key beneficiary of the government’s infrastructure thrust and capex revival in private sectors.
Glenmark Life rallies 10%, hits 52-week high on strong Q4FY23 results (28-04-2023)
In the past one month, the stock has zoomed 40 per cent as compared to a 5.4 per cent rise in the S&P BSE Sensex
Godrej Consumer, Raymond dip up to 6% day after reporting Rs 2,825 cr deal (28-04-2023)
The proceeds from the sale of FMCG business would be utilized for repayment of debt and infusing of funds in the Lifestyle business, Raymond said.
PI Industries derisks biz with lucrative pharma buys; stock up 10.2% (28-04-2023)
Brokerages have upgraded estimates for firm, expect return ratios to improve
Wipro gains 3% on announcing Rs 12,000 crore share buyback via tender route (28-04-2023)
The IT services major intends to buy back about 4.91 per cent of its shares at Rs 445 per share through tender route
Gold price unchanged at Rs 61,040; silver declines Rs 300 to Rs 76,200 (28-04-2023)
The price of ten grams of 22-carat was unchanged at Rs 55,950
Gold price unchanged at Rs 61,040; silver declines Rs 300 to Rs 76,200 (28-04-2023)
The price of ten grams of 22-carat was unchanged at Rs 55,950
MARKET LIVE: Sensex down 100 pts; Wipro rallies 3.5%, Raymond slides 4.5% (28-04-2023)
Stock market LIVE updates: Shares of Godrej Consumer Products fell 2.7 per cent after the company acquired Raymond’s consumer care business