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The yield on the 10-year bond opened flat at 7.23% on Monday. Source: Bloomberg The local currency strengthened 6 paise to open at 83.10 against the U.S dollar on Monday. It closed at 83.16 on Friday. Source: Bloomberg Sells luxury residences of over Rs 7,200 crore in Gurgram Source: Exchange Filing Acquires stake for Rs 425 crore Alert: Existing holding of co in Asian Concretes is 45% Source: Exchange Filing Overall mixed performance Estimate consolidated revenue/EBITDA to dip 13%/56% YoY Standalone Q3 volumes are likely to grow 6% YoY, but value shall decline 15% YoY Anticipate GM/EBITDA to decline 125bp/193bp YoY Price cuts in edible oil stay a concern
Read more: bloombergquint
