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Latest News Today – Cyient Gains 4% After Net Profit Jumps 41% In April-June

Shares of Cyient Limited were last trading 4.16 per cent higher at Rs 988.30 on the BSE. Share Price of Cyient Limited gained over four per cent on Friday, July 16, a day after the company announced its April-June quarter results for the financial year 2021-22. On Friday, Cyient opened on the BSE at Rs 940, swinging to an intra day high of Rs 996 and an intra day low of Rs 910.95, in the trading…

Covid-19 restrictions to hit economic activities in April-June: Report

Image Source : AP Covid-19 restrictions to hit economic activities in April-June: Report The restrictions and partial lockdowns in several states and cities amid rising Covid-19 cases are likely to impact economic activities in the current quarter (April-June), according to a Goldman Sachs report. It said that the containment restrictions are likely to be more targeted with impact on specific…

Telecom industry AGR falls 1.81% sequentially in April-June period

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Similarly, Airtel’s AGR from access or mobile services rose by 3.61% to Rs 10,088.46 crore from Rs 9,737 crore.

The adjusted gross revenue (AGR) of the telecom industry decreased 1.81% sequentially to Rs 44,128 crore for the April-June period from Rs 44,940 crore in the January-March quarter, primarily because of a sharp fall in revenue for Vodafone Idea and the state-run BSNL/MTNL. The…