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IPO week to increase volatility in markets

IPO week to increase volatility in markets ​ By Arun Kejriwal ( IANS) | Published on ​ Sun, Mar 14 2021 14:03 IST | ​ 5 Views   IPO proceeds in India rises 61% in 2020, sentiments revive in Q4. Image Source: IANS News Markets continued their volatile way in the four-day trading week gone by. We saw markets opening with a gap on Monday as expected but profit taking followed. The gains continued on Tuesday and Wednesday before the holiday on Thursday. Friday saw markets opening strong but were rattled by savage profit taking which saw more than half the weekly gains being erased. BSESENSEX ended the week with gains of 386.76 points or 0.77 per cent to close at 50,792.08 points, while NIFTY gained 92.85 points or 0.62 per cent to close at 15,030.95 points. The broader markets saw BSE100, BSE200 and BSE500 gain 0.43 per cent, 0.41 per cent and 0.49 per cent respectively.

Mangalam Organics Ltd Q3FY21 PAT surges to Rs 29 78 crore

Mangalam Organics Ltd Q3FY21 PAT surges to Rs. 29.78 crore Posted On: Mangalam Organics Limited has reported financial results for the period ended December 31, 2020. Financial Results (Q3 FY20-21) - QoQ Comparison The company has reported total income of Rs.107.77 crores during the period ended December 31, 2020 as compared to Rs.86.37 crores during the period ended September 30, 2020. The company has posted net profit / (loss) of Rs.29.78 crores for the period ended December 31, 2020 as against net profit / (loss) of Rs.14.32 crores for the period ended September 30, 2020. The company has reported EPS of Rs.34.78 for the period ended December 31, 2020 as compared to Rs.16.73 for the period ended September 30, 2020.

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