The broader market indices outperformed the larger peers; S&P BSE MidCap was up 0.16% whereas S&P BSE SmallCap was higher by 1.05%.
Foruteen out of the 19 sectors compiled by BSE advanced, while S&P BSE Fast Moving Consumer Goods, S&P BSE Information Technology, S&P BSE Oil and Gas, S&P BSE Utilities, S&P BSE Power and S&P BSE Teck declined.
The market breadth was skewed in the favour of buyers. About 2,555 stocks rose 885 declined, and 143 remained unchanged on the BSE.
The broader market indices were trading higher; S&P BSE MidCap was up 0.41% whereas S&P BSE SmallCap was higher by 0.72%.
Fifteen out of the 19 sectors compiled by BSE advanced, while S&P BSE Fast Moving Consumer Goods, S&P BSE Information Technology, S&P BSE Oil and Gas and S&P BSE Teck declined.
The market breadth was skewed in the favour of buyers. About 1,839 stocks rose 570 declined, and 121 remained unchanged on the BSE.
Source: BSE
At pre-open, the S&P BSE Sensex Index was up 137 points or 0.23% at 59,128.95 while the NSE Nifty 50 Index was higher by 68 points or 0.39% at 17,427.95.
Source: Bloomberg
The local currency weakened about 28 paise to open at 82.46 against the greenback on Monday. It closed at 82.18 on Friday.
Source: Bloomberg
Bharat Electronics Ltd. achieved a 15% growth in its turnover of about Rs 17,300 crore in FY23 as compared to Rs 15,044 crore in FY22.
The order book stood at Rs 60,500 crore in the financial year 2022-23.
The company registered 40% growth in export sales of around $46.5 million (approx. Rs 383 crore) during FY23.
Source: Exchange Filing
The company registered the highest quarterly sales volume of 6,49,726 tonnes in Q4FY23.
Sales volume for the current fiscal stood at 2,279,846 tonnes compared to 1,754,963 tonnes in FY22, aided by the new Raipur plant.
The capacity utilization was 28% in Q4FY23.
Company sees sales mix to eventually move towards 75% for value added products.
Source: Exchange filing
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