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Zomato plunges 9%, nears record low post December quarter results

Zomato plunges 9%, nears record low post December quarter results

Shares of food delivery company Zomato dropped 9 per cent to Rs 85.85 on the BSE in Friday's intra-day trade after the company reported sequentially flat revenue growth at Rs 1,112 crore for October-December quarter (Q3FY22). On year-on-year (YoY) basis, the revenue growth was 78 per cent.

At 09:44 am, Zomato was trading 6 per cent lower at Rs 89.20, as compared to 1.2 per cent decline in the S&P BSE Sensex. The stock quoting close to its record low price of Rs 84.10 touched on January 25, 2021.

11% jump in cyber crime in 2020, NCRB data in Home Panel report

11% jump in cyber crime in 2020, NCRB data in Home Panel report

As per the National Crime Record Bureau (NCRB) data, India reported an 11 per cent jump in cyber crime in 2020.

The Ministry of Home Affairs (MHA) informed the Home Committee that as per the report Crime in India, 2019, of NCRB, the data of cyber crimes in the States/UTs was 21,796 in 2017, 27,248 cases in 2018, 44735 in 2019 and stood at 50035 in 2020.

Global Covid-19 cases top 400 million, deaths at 5.7 million: WHO

Global Covid-19 cases top 400 million, deaths at 5.7 million: WHO

The number of confirmed Covid-19 cases worldwide has surpassed 400 million, according to the latest data from the World Health Organisation (WHO).

Globally, as of 5:13 pm CET (1613 GMT) on Thursday, there have been 402,044,502 confirmed cases of Covid-19, including 5,770,023 deaths, reported to WHO, showed the data.

Gold trading at Rs 49,970 per 10 gm today; silver is at Rs 62,700/kg

Gold trading at Rs 49,970 per 10 gm today; silver is at Rs 62,700/kg

The price of 10 gram of 24-carat gold increased by Rs 280 on Friday to trade at Rs 49,970, keeping with international trend for the precious metal.

Gold of 22 carat is selling at Rs 45,800, up Rs 250. One kg of silver is selling at Rs 62,700, up Rs 140.

In Delhi and Mumbai, 24-carat gold is selling at Rs 49,970, according to the Goodreturns website. The price for 22 carat is Rs 45,800 in both cities.

Whirlpool of India Q3 consolidated net profit down 38% to Rs 44 crore

Whirlpool of India Q3 consolidated net profit down 38% to Rs 44 crore

Consumer durables maker Whirlpool of India Ltd on Thursday reported 38.1 per cent decline in consolidated net profit at Rs 44.19 crore for December quarter 2021-22 on account of lower demand and input cost inflation.

The company had posted a net profit of Rs 71.36 crore for the year-ago period, Whirlpool of India, a subsidiary of Whirlpool Corporation, said in a regulatory filing.

Covid-19 pandemic: Russia's daily infections near 200,000 for first time

Covid-19 pandemic: Russia's daily infections near 200,000 for first time

Russian authorities on Thursday reported nearly 200,000 new confirmed coronavirus cases, in another record fuelled by the rapid spread of the omicron variant amid a low vaccination rate and the absence of major restrictions for adults.

The state coronavirus task force tallied 197,076 new infections over the past 24 hours, some 14,000 more than the day before and twice as many as two weeks ago.

Hindalco PAT jumps 96% in December quarter, stands at Rs 3,675 crore

Hindalco PAT jumps 96% in December quarter, stands at Rs 3,675 crore

Hindalco Industries Ltd, Aditya Birla Group's metals flagship, on Thursday reported a 95.7 per cent jump in consolidated profit after tax (PAT) to Rs 3,675 crore for the quarter ended December 31, 2021.

The results were driven by positive macros and focus on downstream value-added products along with better operating efficiencies.

This Rekha Jhunjhunwala-owned stock has zoomed 65% in last one month

This Rekha Jhunjhunwala-owned stock has zoomed 65% in last one month

Shares of TV18 Broadcast hit an over 10-year high of Rs 77 on rallying 11 per cent on the BSE in Thursday’s intra-day trade on the back of heavy volumes. The stock of the Reliance Group company was trading at its highest level since July 2011.

In the past one month, the stock has zoomed 65 per cent after the company reported a strong operating performance for October-December 2021 quarter (Q3FY22). In comparison, the S&P BSE Sensex was down 2.3 per cent during the period.

Adani Wilmar breaks into Rs 50,000-cr m-cap club; stock up 68% in 3 days

Adani Wilmar breaks into Rs 50,000-cr m-cap club; stock up 68% in 3 days

Shares of Adani Wilmar were locked at upper circuit for the second straight day, up 20 per cent at Rs 386.25 on the National Stock Exchange (NSE) on Thursday, thus also hitting a new high since its market debut on Tuesday.

With today’s rally, the stock of Adani Group edible oil major has surged 68 per cent over its issue price of Rs 230 per share, and is above 70 per cent from its listing price of Rs 227 on the NSE. The stock has zoomed 75 per cent from its debut price of Rs 221 on the BSE.

Solara Active Pharma tanks 20%, hits 52-week low on weak Q3 results

Solara Active Pharma tanks 20%, hits 52-week low on weak Q3 results

Shares of Solara Active Pharma Sciences were locked at 20 per cent lower circuit limit at Rs 775.05, also its 52-week low, on the BSE on Thursday after the company reported a consolidated net loss of Rs 140 crore in December quarter (Q3FY22), due to lower revenue. The pharmaceutical company had posted a profit of Rs 65.78 crore in the year-ago quarter (Q3FY21).

The stock has corrected 58 per cent from its 52-week high level of Rs 1,859.30 touched on May 19, 2021.

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