The company posted a consolidated net profit of Rs 66.06 crore for Q1FY21 , which increased by 804.26 per cent, as compared to Q1FY20 when it reported a consolidated net loss of Rs 9.38 crore.

The stock of Muthoot Finance has witnessed almost 169 per cent upward move from the low of March 24, 2020. The stock has relatively outperformed the frontline indices in the current leg of the upward rally. Also, the stock relatively outshines Nifty 500 with a decent margin.

Interestingly, in the recent corrective phase, the RSI never breached its 60-mark, which indicates that the stock is in a super bullish range as per RSI range shift rules.

Following banking, energy and financial stocks, domestic benchmark indices ended the week on a positive note with Sensex rallying by 548.46 points or 1.50 per cent to settle at 37,020.14 and Nifty gaining by 161.75 points or 1.51 per cent to close at 10,901.70.

The joint venture of Hindustan Construction Company (HCC) and Dilip Buildcon has won a contract worth Rs 1,900 crore by National Highways Authority of India (NHAI).

Britannia Industries Ltd. records a consolidated net profit of Rs 542.68 crore in the June quarter for FY21.

India’s export and import contracted for the fourth straight month, resulting in goods trade surplus. Read on to find out more.

The company is manufacturing the sanitisation box in-house at the Faridabad facility. OEL also plans to launch more such products in the same segment in the near future.

The domestic rating agency ICRA in its latest report has revised its forecast for the contraction in India’s gross domestic product (GDP) growth to 9.5 per cent in the current fiscal (FY21) from the earlier assessment of 5 per cent

Majesco, a provider of cloud insurance platform software, announced a new product portal, which will provide customers fast and easy access to robust product information and insight to product roadmaps and future of insurance technologies.