June 2023 – 爱上海后花园-爱上海同城论坛-上海后花园爱上海

The rupee on Monday drifted down to near-80 levels against the dollar, hitting 79.9825 in intra-day trades as Brent prices rose to over $103/barrel. It ended at 79.9800 against the dollar, down 0.13 % over Friday’s close. So far in 2022, the rupee has depreciated around 7%, primarily because of the dollar index having strengthened to the levels of 108. The Reserve Bank of India (RBI) is believed to have intervened in the currency markets on Monday, amid demand from importers for dollars. “There was a bit of a scramble for dollars by importers and the central bank did step …

上海419论坛

NMDC rating: Reduce | Sales fell significantly in Q1FY23

on 2023-06-052023-06-05

NMDC has cut its prices by 36% in May-June 2022 on imposition of export duty and we expect further weakness given a 20% correction in seaborne iron ore prices in the past one month. Sales volumes have significantly contracted in Q1FY23, led by destocking by consumers, and are likely to recover in H2FY23E. We believe the recent stock underperformance captures the sharp margin fall from Q2FY23E onwards. We trim earnings, FV to Rs 105 (from Rs 110) and revise rating to Reduce (from Sell). Prices likely to remain under pressure despite sharp price cuts in June 2022: In May-June 2022, …

上海后花园论坛

Sebi orders attachment of bank, demat accounts of individual in Shree Ramkrishna Electro case

on 2023-06-042023-06-04

Sebi has ordered the attachment of bank accounts as well as share and mutual fund holdings of an individual to recover about Rs 18 crore in the matter of Shree Ramkrishna Electro Controls Ltd. The recovery proceedings have been ordered against Chandrakant Bhargav Gole to recover Rs 5.74 crore collected by the company along with 15 per cent interest per annum i.e Rs 12.53 crore through the issuance of redeemable cumulative preference shares (RCPS) to investors, Sebi said in an attachment notice on Thursday. In its notice, Sebi asked banks, depositories and mutual funds not to allow any debit from …