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Total income declined marginally to Rs 1,755.1 crore in the July-September period of the 2023-24 fiscal from Rs 1,761.2 crore in the corresponding period of the previous year
Macrotech Developers Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was INR 17,496 million...
The luxury segment is expected to account for 25 percent of the total revenue potential
The 30-share BSE Sensex slumped 707 points or 1.10 per cent to trade at 63,342, while the NSE Nifty was down 224 points or 1.17 per cent to trade at 18,898. Broader markets (mid- and small-cap shares) were also weak as Nifty Midcap 100 was down 1.88 per cent and small-cap shed 2.57 per cent.
The benchmarks have lost nearly 5% over the last six sessions, which pushed the Nifty into oversold territory for the first time in 16 months. The market capitalisation of all listed companies on the BSE declined by 3 lakh crore to Rs 306.22 lakh crore. From the Sensex stock, M&M, Bajaj Finance, Asian Paints, and Nestle were the top laggards, falling 3-4%.