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Deepak Nitrite Ltd reported a consolidated net profit increase of 8.54% to Rs 253.85 crore for the March quarter, driven by higher income. However, the company's annual profit for FY24 fell by 4.82%. Additionally, the board approved acquiring 10,000 shares of OXOC Chemicals Ltd to make it a wholly-owned subsidiary.
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Despite facing selling pressure from higher levels, the BankNifty index managed to defend the crucial support at 48000.
ITC, TCS and Divi's Laborataries are among Rahul Gandhi's stocks
Nifty retained its winning streak on Tuesday for the sixth session in a row and hit a fresh lifetime high catapulted by index heavyweight HDFC Bank. The 50-stock index finished at 22,196.95, higher by 74.70 points or 0.34%.