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Balaji Amines in demand after Q3 PAT spurts 162% YoY - Vimarsana News

Balaji Amines in demand after Q3 PAT spurts 162% YoY

Balaji Amines soared 15.49% to Rs 1461.20 after the company's standalone net profit jumped 162.5% to Rs 70.16 crore on 64.5% rise in net sales to Rs 364.73 crore in Q3 FY21 over Q3 FY20.Standalone profit before tax advanced 146% to Rs 91.52 crore in Q3 FY21 over Q3 FY20. Current tax expense jumped to Rs 21.64 crore in Q3 FY21 as against Rs 10.26 crore in Q3 FY20. The result was announced after market hours yesterday, 8 February 2021. During the quarter ended December 2020, the company's sales volume grew by 33.9% to 28,353 MT from 21,160 MT in the same period last year. Amines volumes stood a...

Shares trade with modest gains; IT shares outperform - Vimarsana News

Shares trade with modest gains; IT shares outperform

Domestic equity benchmarks were trading with modest gains in morning trade. IT, metal and FMCG shares advanced while pharma and auto shares declined. At 10:26 IST, the barometer index, the S&P BSE Sensex, was up 125.17 points or 0.24% to 51,473.94. The Nifty 50 index has added 53.30 points or 0.35% to 15,169.10. The Sensex hit a record high of 51,606.25 and the Nifty hit a record high of 15,197.80 in morning trade. Both the indices have gained over 11% in seven straight sessions. In the broader market, the S&P BSE Mid-Cap index gained 0.34% while the S&P BSE Small-Cap index rose 0.56%. The...

Market ends flat after hitting record high; European shares correct - Vimarsana News

Market ends flat after hitting record high; European shares correct

Domestic benchmarks reversed intraday gains and ended near the flat line after a volatile session on Tuesday. As per provisional closing data, the barometer index, the S&P BSE Sensex, fell 19.69 points or 0.04% to 51,329.08. The Nifty 50 index lost 6.50 points or 0.04% to 15,109.30. The Sensex hit a record high of 51,835.86 and the Nifty hit a record high of 15,257.10 in mid-afternoon trade. Investors booked profits after both the indices surged about 11% in the past six consecutive sessions. Mahindra & Mahindra (down 3.04%), ITC (down 1.76%), Bajaj Finance (down 1.59%), TCS (down 1.10%) and...