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Among sectors, the power index was down 0.8 percent, the metal index 1.5 percent each, while the realty index added 1.5 percent

The company’s transmission and distribution, water, buildings factories and urban infra business are seeing robust traction and order wins are at a record high, managing director and chief executive officer Manish Mohnot said

Brokerage firms Motilal Oswal Financial Services and Jefferies have cut their price targets for Devyani International but have retained #39;buy#39; call on the stock

The current market backdrop of relatively higher interest rates and broad-based economic growth suits the value style of investment, says Christy Mathai, Fund Manager- Equity at Quantum Mutual Fund.

Profit and revenue were hit due to a below-par performance by US-based subsidiary Novelis. However, higher volumes and steady operational performance across India operations helped the overall performance

The weightage of HCL Technologies in the MSCI index has been reduced which could trigger an outflow of about $97 million, according to Abhilash Pagaria of Nuvama Alternative amp; Quantitative Research.

UBL said due to a change in operating models in these states on account of a post-integration review undertaken by Heineken, there has been a volume decline, which resulted in lower cash inflows due to reduction in revenue.

The paint-maker#39;s consolidated net profit rose 16.2 percent year-on-year to Rs 97.4 crore in the December quarter

Brokerage houses say HPCL, along with other OMCs, is all well placed to benefit from improving marketing situation and healthy refining profitability

Given the backdrop of the rural economy also showing signs of recovery and the big city demand being more or less consistent, there is a reason to believe that FMCG should have a better story going ahead in the next two to three years.