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3M India Q4 PAT jumps 16% YoY

Read more about 3M India Q4 PAT jumps 16% YoY on Business Standard. On a consolidated basis, 3M India reported 16.7% rise in net profit to Rs 70 crore on 22.9% increase in sales to Rs 827 crore in Q4 FY21 over Q4 FY20.

3M India consolidated net profit rises 17 24% in the March 2021 quarter

Wockhardt Ltd leads losers in A group

Karnataka Bank Ltd, Dish TV India Ltd, Jaiprakash Associates Ltd and FDC Ltd are among the other losers in the BSE s A group today, 27 May 2021. Karnataka Bank Ltd, Dish TV India Ltd, Jaiprakash Associates Ltd and FDC Ltd are among the other losers in the BSE s A group today, 27 May 2021. Wockhardt Ltd tumbled 14.89% to Rs 668.9 at 14:49 IST.The stock was the biggest loser in the BSE s A group.On the BSE, 5.31 lakh shares were traded on the counter so far as against the average daily volumes of 2.69 lakh shares in the past one month. Karnataka Bank Ltd lost 8.21% to Rs 66. The stock was the second biggest loser in A group.On the BSE, 6.15 lakh shares were traded on the counter so far as against the average daily volumes of 1.94 lakh shares in the past one month.

Shares turn range bound; breadth remains strong

The benchmark indices traded in a narrow range with modest gains in afternoon trade. The moderation in daily new COVID-19 cases in India improved risk sentiments. The Nifty index continued to hover above 15,200 mark. At 13:20 IST, the barometer index, the S&P BSE Sensex, rose 169.65 points or 0.34% at 50,710.13. The Nifty 50 index gained 39.25 points or 0.26% at 15,214.55. Housing Development Finance Corporation (HDFC) (up 1.55%), HDFC Bank (up 1%) and Larsen & Toubro (L&T) (up 2.54%) supported the indices. The broader market outperformed the benchmark indices. The S&P BSE Mid-Cap index rose 0.93%. The S&P BSE Small-Cap index gained 0.82%. Buyers outpaced sellers. On the BSE, 1,915 shares rose and 1,177 shares fell. A total of 176 shares were unchanged.

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