The rupee depreciated 4 paise to close at 83.36 (provisional) against the US dollar on Thursday, tracking elevated American currency in the overseas market and a muted trend in domestic equities.
Forex traders said the rupee traded in a narrow range as the support from easing crude oil prices was negated by strong dollar demand from importers.
At the interbank foreign ex…
Read moreZydus Lifesciences’ stock price soared 4.80% to Rs 626 a day after the company posted profit for the second quarter of FY24 at Rs 800.70 crore, up 53.2% in comparison to Rs 522.50 crore during the corresponding quarter of FY23, surpassing estimates. It posted revenue from operations at Rs 4368.80 crore, up 9.1% as against Rs 4,005.50 crore during the second quarter of FY23. T…
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