The broader NSE Nifty additionally closed 166.45 factors or 0.76 per cent decrease at 21,616.05 with 34 of its constituents ending within the pink.

Enterprise Information: BCL Industries has knowledgeable the inventory market that its Board of Administrators held a gathering on Monday, February 12 by which it accepted the monetary outcomes for the third quarter of the present monetary 12 months i.e. Q3 FY24. BCL Industries Restricted has stated that within the third quarter of the present monetary 12 months, the corporate’s standalone earnings from operations stood at Rs 494.66 crore. The corporate reported Rs 448.70 crore earnings from operations within the third quarter of the final monetary 12 months.

The revenue earlier than tax of BCL Industries stood at Rs 28.86 crore in Q3 FY24, which was Rs 21.89 crore within the final quarter and Rs 33.33 crore within the third quarter of the final monetary 12 months. BCL Industries has stated that its revenue after tax within the third quarter of the present monetary 12 months stood at Rs 24.11 crore, which was Rs 12.83 crore within the earlier quarter and Rs 25.16 crore within the third quarter of the final monetary 12 months.

In the meantime, benchmark Sensex plunged by 523 factors on Monday on account of revenue taking in metallic and banking shares amid blended tendencies in world markets.

The 30-share BSE Sensex settled 523 factors or 0.73 per cent decrease at 71,072.49 as 22 of its elements closed within the pink and eight within the inexperienced. The barometer opened greater and touched a excessive of 71,756.58 in early commerce.

Nonetheless, revenue taking in Reliance Industries, metallic giants and banking shares dragged the index to a low of 70,922.57 throughout intra-day commerce.

The broader NSE Nifty additionally closed 166.45 factors or 0.76 per cent decrease at 21,616.05 with 34 of its constituents ending within the pink. Metallic, banking and choose oil shares succumbed to promoting whereas pharma and IT shares bucked the pattern.

Within the Sensex pack, Tata Metal fell essentially the most by 2.76 per cent, adopted by NTPC (2.72 per cent) and SBI (2.26 per cent). Non-public banks IndusInd, Kotak Financial institution, HDFC Financial institution and ICICI Financial institution additionally declined.