The rupee appreciated by 3 paise to close at 82.37 (provisional) against the US dollar on Monday, as a positive trend in domestic equities and a weak dollar supported investor sentiments. At the interbank foreign exchange market, the local unit opened at 82.36 against the American currency and finally settled at 82.37 (provisional) against the […]
Energy segment of of Reliance Industries (RIL) performed well in Q4FY23, exceeding market expectations for Ebitda by about 5%. This was primarily due to the recovery of chemical margins, a decline in gas costs, and an increase in refining margins. The store expansion was key to growth in retail and Ebitda was in-line. Profit beat […]