03:12
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Epic Research Update : Gujarat PipavavEquity benchmarks extended losses in afternoon trade with the Sensex declining 226.80 points to 25477.81 and the Nifty falling 67.35 points to 7802.80, tracking weak global cues. The market breadth remained weak as about 1346 shares declined against 1053 advancing shares on Bombay Stock Exchange.
Lupin gained 1 percent after better-than-expected earnings. Profit in Q4 grew by 47.5 percent to Rs 807 crore and revenue jumped 36 percent to Rs 4,181.2 crore compared to year-ago period.
Gujarat Pipapav Port fell more than 2 percent after profit in March quarter declined 25.5 percent to Rs 49.8 crore and revenue fell 14.4 percent to Rs 161 crore compared to same period last year.
Posted in: Indian Market Tips
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