The market removes all its benefits in the last hour of trading and continues the downward trend for the third successive session on May 10, burdened by metals, technology shares and the heavyweight Reliance Industry Index. Weak Asian colleagues and Rupee depreciation are also sentiment dents. BSE Sensex fell 106 points to 54,365, while Nifty50 dropped 62 points to 16,240.

Adani Ports, Punjab National Bank, India Bank, Petronet LNG, Balaji Amines, Birla Corporation, HSil, JSW Ispat Special Products, Kalyan Jewellers India, Kennametal India, KSB, Lakshmi Machine Works, Lloyds Steels Industri, NCC, Skipper, Prism Johnson, Lakshmi, Lloyds Steels Industry, NCC, Captain, Prism Johnson, Lloyds Steels Industries, NCC, Prism Johnson, Prism Johnson, Prismine Machine A base of Kaki Relaxo, Semen Sagar, SKF India, Butterfly -Gandhimathi Cup -Cupu And DIC India will release quarterly income on May 11.

Pharmaceutical companies reported a decrease in 10 percent year-to-year in consolidated profit in RS 370.7 Crore in the quarter ended in March 2022, influenced by lower operating income and impairment losses in connection with investment in Associate Company Avenue Therapeutics Inc. So far the quarter grew by 14.2 percent to RS 5,260.33 Crore compared to last year’s period, while EBITDA fell 6 percent to RS 750 Crore in the same period.

Vodafone Idea

The telecommunications operator posted a consolidated loss of 6,563.1 crores in the quarter ended in March 2022, which narrowed compared to the loss of 7,230.9 Crore Hospital in the previous quarter, supported by higher operating income and ARPU. Revenue during the quarter at RS 10.239.50 Crore increased by 5.4 percent QoQ assisted by an increase in tariffs taken in November 2021, with 24.38 CRORE customers in March 2022. EBITDA grew by 22 percent qoq to 4,649 crore and margin that was improved by 610 bps Qoq Qoq Qoq RS 4,649 to 45.4 percent in Q4fy22 with average income per user rose by RS 9 in sequence to RS 124 during the quarter.

Torrent Power

The company posted a consolidated loss of RS 487.4 Crore in Q4fy22 against RS earnings 398 CRORE in the same period last year which was influenced by an increase in additional value of 1,300 CRORE RS in connection with the Dgger Mega Power project. Revenues from operations grew 21 percent yoy to 3,744 crore hospitals in Q4fy22 and EBITDA increased by 15 percent Yoy to 1,088 Crore RS during the same quarter.

Gulshan polyol

The company has signed and carried out contracts with Meghna Pulp & Paper Mills received on May 9. This will supply GCC, GCC coating factory, vibrator separator machine with standard accessories including motor, conveyor, panels etc. And spare parts for GCC and GCC-engine coated to the meghna pulp.

Gajarat Gas

The company recorded a growth of 27.6 percent year-to-year in consolidated profit in Hospital 444.4 Crore in the quarter ended in March 2022 despite higher input costs, led by a strong topline and operating income. Revenue jumped 36.5 percent to 4,773.4 crores during the same period.

EPL

The company reported a decrease in consolidated profit of 14.2 percent year-to-year in RS 50.1 Crore in the quarter ended in March 2022 which was influenced by higher input costs. Revenue grew 8.6 percent to RS 880.2 Crore during the same period.

Wipro

The IT service company has expanded its strategic agreement with Crédit Agricole CIB, a company bank and investment division from Crédit Agricole Group, to support the transformation of IT infrastructure.

Welspun India

The company reported a decrease in 62 percent of years-year-year in consolidated profit in RS 51.25 Crore in the quarter ended in March 2022, influenced by lower operating income, other lower income, and warm topline growth. Revenue grew by 4.3 percent to 2,227 Crore Rs and EBITDA increased 29.3 percent to RS 226.5 Crore during the same period.