Shares of Sagar Cements rallied 8 per cent and hit a 52-week high of Rs 740 on the BSE on Thursday after the company’s consolidated net profit jumped 10-fold at Rs 50.17 crore in the September quarter (Q2FY21). It had reported a profit of Rs 4.92 crore in the year-ago quarter.

Revenue from operations grew 23 per cent year on year (YoY) at Rs 326 crore against Rs 265 crore in the corresponding quarter of previous fiscal.

Shares of JK Tyre & Industries gained 9 per cent to Rs 66 on the BSE in the early morning trade on Thursday after the company reported a strong operational performance with margins hitting a four year high of 15.6 per cent in July-September quarter (Q2FY21).

In Q2FY21, the company reported PBIDT (profit before interest depreciation and tax) of Rs 367 crore against Rs 303 crore in the corresponding quarter of the previous fiscal year.

Onion prices surged in Pune after crops were damaged due to rainfall in various parts of the country following which consumers are forced to buy onions in less quantity.

Price has increased as supply from farms is affected due to rain. The price of onion that was around Rs 70/kg last week increased to Rs 120/kg today, a trader told ANI.

Gold prices today rose marginally to Rs 54,100 from Rs 53,790 per 10 gm yesterday, while silver was trending at Rs 63,500 per kg, according to the Good Returns website.

Gold jewellery prices vary across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making charges.

Benefitting 1.14 crore primary bread earners in the unorganised sector, Andhra Pradesh Chief Minister Jagan Mohan Reddy launched the 'YSR BIMA' scheme at the camp office.

In this scheme, the beneficiary will receive an insurance amount in their family member's untimely death or permanent disability. During his Padayatra, the Chief Minister came across scores of citizens facing such issues due to the lack of insurance coverage.

In what is potentially a controversial decision, the Maharashtra government on Wednesday decreed that the Central Bureau of Investigation (CBI) would be required to take the state's permission before probing cases here.

The government has withdrawn its consent to the CBI to probe cases in the state. An order was issued on Wednesday by the state government in this regard.

India reported 46,791 new COVID-19 cases and 587 deaths in the last 24 hours, taking the total number of cases to 75,97,064, according to the Ministry of Health and Family Welfare (MoHFW).

As per the MoHFW, the number of active cases stands at 7,48,538 while the number of cured/discharged/migrated people stands at 67,33,329. The death toll has reached 1,15,197.

With Bihar elections just a few days away, intelligence agencies have warned that Naxals may attempt to disrupt the polls and are planning to target top political leaders in the state.

Zee News has accessed the exclusive report prepared by the intelligence agencies, which suggests that the home-grown rebels are planning to target top political leaders to disturb the entire electioneering in Bihar.

Drug firm Strides Pharma Science on Tuesday said its step down subsidiary has received approval from the US health regulator for Ethacrynic Acid tablets, used to treat fluid retention (edema).

The approved product is a generic version of Edecrin tablets, 25 mg, of Bausch Health Americas.

The CBI has booked retired deputy manager Gokulnath Shetty, the main accused in the Rs 13,000-crore Punjab National Bank fraud allegedly perpetrated by Mehul Choksi and Nirav Modi, in a fresh case of receiving a bribe of Rs 1.08 crore from Rishika Financials that arranged bank guarantees for Gitanjali Gems, officials said.

It is alleged that the owner of Rishika Financials, Debajyoti Dutta, was in the business of arranging quotes of Letters of Undertaking (LoUs) from foreign funding banks, they said on Monday.

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