Market News Top 10 News Zydus Cadila to Seek EUA for ZyCoV-D in 7-8 Days – Top Indian Market News Zydus Cadila to seek EUA for ZyCoV-D vaccine in 7-8 Days Zydus Cadila has informed the Centre that it could apply for emergency use authorisation (EUA) for the ZyCoV-D vaccine in the next 7-8 days. ZyCoV-D is a DNA Covid-19 vaccine, which carries the genetic code for that part of a virus that triggers the […] Written by Cherian Varghese June 18, 2021June 18, 2021
Editorial Happiest Minds Technologies: A Strong Pick for the Long Term? A mid-cap IT company has given stellar returns to its investors ever since its listing in September last year. It had recently posted remarkable growth in earnings as well. They have turned out to be one of the fastest-growing companies in the highly competitive IT industry in India. We are talking about Happiest Minds Technologies. […] Written by Cherian Varghese June 18, 2021June 18, 2021
Market News Top 10 News Power Grid Reports 6% YoY Rise in Net Profit in Q4 – Top Indian Market News Power Grid Corp Q4 Results: Net profit rises 6% YoY to Rs 3,526 crore Power Grid Corporation of India reported a 6.42% YoY (or 4.7 QoQ) increase in consolidated net profit to Rs 3,526.23 crore for the quarter ended March (Q4). Its revenue from operations rose 3.5% YoY to Rs 10,510.32 crore during the same […] Written by Cherian Varghese June 17, 2021June 18, 2021
Market News Top 10 News Union Cabinet Approves Rs 14,775 crore for Fertiliser Subsidies – Top Indian Market News Union Cabinet approves additional Rs 14,775 crore for fertiliser subsidies The Union Cabinet has approved the proposal of the Department of Fertilizers for fixation of ‘Nutrient Based Subsidy Rates’ for Phosphatic and Potassic (P&K) Fertilizers for the financial year 2021-22. The subsidy rate on Di-ammonium Phosphate (DAP) fertilisers has been hiked by Rs 700 per […] Written by Cherian Varghese June 16, 2021June 16, 2021
Market News Top 10 News Jubilant Foodworks Reports 395% YoY Jump in Net Profit in Q4 – Top Indian Market News Jubilant Foodworks Q4 Results: Net profit jumps 395% YoY to Rs 104.3 crore Jubilant Foodworks Ltd reported a 395.5% YoY jump in net profit to Rs 104.3 crore for the quarter ended March (Q4). Its revenue from operations rose 14.3% YoY to Rs 1025.9 crore during the same period. Earnings before Interest, Tax, Depreciation & […] Written by Cherian Varghese June 15, 2021June 16, 2021
Editorial Why Did Adani Stocks Crash Yesterday? A Deep Dive As most of you are aware, all Adani Group stocks have given its investors multi-fold returns over the past year. The shares of Adani Enterprises and Adani Transmission had surged by more than 900% and 600%, respectively, in just one year! Adani Power and Adani Green Energy stocks had rallied by 260% and 250%, respectively. […] Written by Cherian Varghese June 15, 2021June 16, 2021
Editorial Sona Comstar IPO: All You Need to Know The IPO frenzy has returned to the Indian stock markets. Sona BLW Precision Forgings, one of the leading auto components manufacturers in the world, had launched its three-day initial public offering (IPO) on June 14. In this article, we take a closer look into the company and its IPO. Company Profile – Sona BLW Precision […] Written by Cherian Varghese June 15, 2021June 15, 2021
Market News Top 10 News Report of NSDL Freezing 3 FPI Accounts ‘Erroneous’, says Adani Group – Top Indian Market News Report of NSDL freezing accounts of FPIs are erroneous: Adani Group In a filing to the stock exchanges, the Adani Group clarified that reports of the National Securities Depository Ltd (NSDL) freezing the accounts of three foreign portfolio investors (FPIs) are “blatantly erroneous”. They stated that the report was meant to deliberately mislead the investing […] Written by Cherian Varghese June 14, 2021June 16, 2021
Market News Top 10 News Adani Group Enters Into Cement Business – Top Indian Market News Adani Group enters into cement business; incorporates Adani Cement The Adani Group, which has a strong presence in the ports, airports, power, gas distribution, and other businesses, is all set to enter the cement sector in India. Adani Enterprises announced that it has incorporated a new wholly-owned subsidiary, Adani Cement, with an authorized share capital […] Written by Cherian Varghese June 12, 2021June 12, 2021
Market News Top 10 News SAIL Reports 31% YoY Rise in Net Profit in Q4 – Top Indian Market News SAIL Q4 Results: Net profit rises 31% YoY to Rs 3,470 crore Steel Authority of India Ltd (SAIL) reported a 31% YoY increase in consolidated net profit to Rs 3,469.88 crore for the quarter ended March (Q4). Net profit has jumped 136.34% when compared to the previous quarter. Its total income rose 41.98% YoY to […] Written by Cherian Varghese June 11, 2021June 11, 2021
Editorial An Analysis of Laxmi Organic Industries India is considered the fastest-growing market for speciality chemicals in the world. The agrochemical, pharmaceutical, and textile industries depend on a steady supply of speciality chemicals for their day-to-day production activities. There are a large number of companies in our country that manufacture such chemicals in bulk. In this article, learn more about Laxmi Organic […] Written by Cherian Varghese June 11, 2021June 11, 2021
Market News Top 10 News JSW Steel Output Rises 10% to 13.67 LT in May – Top Indian Market News JSW Steel output rises 10% to 13.67 LT in May JSW Steel Ltd reported a 10% YoY growth in crude steel production to 13.67 lakh tonne (LT) in May 2021. The company had produced 12.48 LT steel during the same month last year. Its output of flat-rolled products increased by 10% YoY to 9.99 LT […] Written by Cherian Varghese June 10, 2021June 10, 2021
Sona Comstar IPO: All You Need to Know The IPO frenzy has returned to the Indian stock markets. Sona BLW Precision Forgings, one of the leading auto components manufacturers in the world, had launched its three-day initial public offering (IPO) on June 14. In this article, we take a closer look into the company and its IPO. Company Profile – Sona BLW Precision […] Written by Cherian Varghese June 15, 2021June 15, 2021
Shyam Metalics and Energy IPO: All You Need to Know The IPO land has been barren in the past few weeks but now the IPO run is set to begin again. The company kicking it off is Shyam Metalics and Energy Limited who will be launching its IPO from June 14 to June 16. Let’s discuss what the IPO is all about. About the Company […] Written by Sanidhya Bhardwaj June 14, 2021June 14, 2021
An Analysis of Laxmi Organic Industries India is considered the fastest-growing market for speciality chemicals in the world. The agrochemical, pharmaceutical, and textile industries depend on a steady supply of speciality chemicals for their day-to-day production activities. There are a large number of companies in our country that manufacture such chemicals in bulk. In this article, learn more about Laxmi Organic […] Written by Cherian Varghese June 11, 2021June 11, 2021
