Strong profit of Rs 29 bn (c9% q-o-q) in Q1 driven by record marketing Ebitda of Rs 24 bn had little meaning as supply disruption in the current quarter puts future earnings at risk. Company indicated that its LNG cargoes from Gazprom Marketing and Trading Singapore (2.5mmtpa contract) have been disrupted since June and will …
BSE Sensex and NSE Nifty 50 were trading half a per cent up on Wednesday, a day before weekly F&O expiry. Stocks of index heavyweights such as Reliance Industries (RIL), Bajaj Finance, Hindustan Unilever (HUL), Infosys, and Bajaj Finserv contributed the most to the indices’ gain. Amid today’s up move, S&P BSE Sensex soared past …