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Rupa & Company climbs after strong Q4 results

Mumbai, May 22 -- Sequentially, the company's net profit rose 28% while net sales climbed 31% in Q4 FY25 over Q3 FY25. Profit before tax (PBT) stood at Rs 41.6 crore in Q4 FY25, up 26.06% year-on-yea... Read More


Dollar index sinks below 100 mark

Mumbai, May 22 -- The dollar index is extending slide for a fourth consecutive day and below 100 mark on Thursday in reaction to Moody's downgrade of US government debt. Last week, Moody's, the intern... Read More


Economic Buzz: France manufacturing sentiment dips to 97 in May

Mumbai, May 22 -- France's manufacturing climate index dropped to 97 in May 2025 from 100 in April, the lowest since February. The fall was led by weaker order books and a negative shift in production... Read More


Cupid Q4 PAT drops 51% YoY to Rs 12 cr

Mumbai, May 22 -- Revenue from operations slipped 10.20% YoY to Rs 56.48 crore in the quarter ended 31 March 2025. Profit before tax dropped 50.32% to Rs 16 crore in Q4 FY25, compared to Rs 32.21 cro... Read More


Crude dips to 2-week low on inventory build and US deficit concerns

Mumbai, May 22 -- Crude oil futures fell toward $60 per barrel on Thursday, touching a two-week low as oversupply concerns mounted. The decline followed a surprise build in US crude inventories, with ... Read More


MCX Morning Wrap: Precious metals add to yesterday's gains, MCX Gold holds above Rs 96K

Mumbai, May 22 -- Precious metals saw a good spike on MCX in early moves, adding to robust gains in last session. The MCX Gold futures are up 0.45% at Rs 96008 per 10 grams after rising 0.80% on the d... Read More


Sensex tumbles over 900 pts, Nifty sinks below 24,600; IT stocks drag

Mumbai, May 22 -- The headline equity benchmarks traded with major losses in early afternoon trade amid global risk aversion. A spike in U.S. Treasury yields, Moody's downgrade of the U.S. credit outl... Read More


Prince Pipes soars after reporting turnaround Q4 numbers

Mumbai, May 22 -- Revenue from operations jumped 24.57% to Rs 719.65 crore in Q4 FY25, compared with Rs 577.72 crore in Q3 FY25. On year on year (YoY) basis, the company's standalone revenue and net ... Read More


Net foreign direct investment moderates to US$ 0.4 billion in FY25 from US$ 10.1 billion in previous year

Mumbai, May 22 -- Reserve Bank of India or RBI stated in a latest monthly update that Net foreign direct investment (FDI) moderated to US$ 0.4 billion during 2024-25 from US$ 10.1 billion a year ago, ... Read More


GMM Pfaudler slumps on reporting dismal Q4 outcome

Mumbai, May 22 -- The weak bottom-line performance came despite an 8.89% year-on-year (YoY) increase in revenue from operations, which rose to Rs 806.59 crore from Rs 740.73 crore in Q4 FY24. Profit ... Read More