Market News Top 10 News ITC Reports 30% YoY Rise in Net Profit in Q1 – Top Indian Market News ITC Q1 Results: Net profit rises 30% YoY to Rs 3,343 crore ITC Limited reported a 30.24% YoY increase in consolidated net profit to Rs 3,343.44 crore for the quarter ended June (Q1 FY22). Net profit has fallen by 12.4% when compared to the previous quarter. Its revenue from operations rose 36% YoY to Rs […] Written by Cherian Varghese July 24, 2021July 24, 2021
Market News Top 10 News RIL Reports 7% Fall in Net Profit in Q1 – Top Indian Market News Reliance Industries Q1 Results: Net profit falls 7% YoY to Rs 12,273 crore Reliance Industries Ltd (RIL) reported a 7.3% YoY decline in consolidated net profit to Rs 12,273 crore for the quarter ended June (Q1 FY22). Net profit has fallen by 7% when compared to the previous quarter. Its revenue from operations rose 58.2% […] Written by Cherian Varghese July 23, 2021July 24, 2021
Editorial Reliance Retail’s Acquisition of Just Dial: Explained Last week, Reliance Retail Ventures Ltd announced the acquisition of a 40.95% stake in Just Dial for Rs 3,497 crore. The subsidiary of Reliance Industries Ltd (RIL) will make an open offer to acquire a further 26% stake in the local search engine platform, which will take its total holding to 66.95%. In this article, […] Written by Cherian Varghese July 23, 2021July 23, 2021
Market News Top 10 News Cabinet Approves Rs 6,322 crore PLI Scheme for Specialty Steel – Top Indian Market News Cabinet approves Rs 6,322 crore PLI scheme for specialty steel The Union Cabinet has approved a Production Linked Incentive (PLI) scheme for specialty steel. Incentives worth Rs 6,322 crore will be provided to eligible manufacturers over five years. The scheme is expected to bring in investments of approximately Rs 40,000 crore and capacity addition of […] Written by Cherian Varghese July 22, 2021July 22, 2021
Editorial Larsen & Toubro: Origin, Businesses, and More With a legacy of over 80 years, Larsen & Toubro Limited has played an integral role in the overall development of India. Established by two Danish refugees during the World War II period, L&T has grown into one of the largest engineering and construction companies in the world. It has built major highways, airports, metros, […] Written by Cherian Varghese July 22, 2021July 22, 2021
Market News Top 10 News Bajaj Finserv Reports 31% YoY Fall in Net Profit in Q1 – Top Indian Market News Bajaj Finserv Q1 Results: Net profit falls 31% YoY to Rs 833 crore Bajaj Finserv Ltd reported a 31.5% YoY decline in consolidated net profit to Rs 832.7 crore for the quarter ended June (Q1 FY22). Net profit has fallen by 14.9% when compared to the previous quarter. Its revenue from operations fell 1.7% YoY […] Written by Cherian Varghese July 21, 2021July 21, 2021
Market News Top 10 News Asian Paints Reports 161% YoY Jump in Net Profit in Q1 – Top Indian Market News Asian Paints Q1 Results: Net profit jumps 161% YoY to Rs 574 crore Asian Paints Ltd reported a 161.5% year-on-year (YoY) jump in consolidated net profit to Rs 574.3 crore for the quarter ended March (Q1 FY22). Its revenue from operations rose 91.1% YoY to Rs 5,585.4 crore during the same period. Revenue from its […] Written by Cherian Varghese July 20, 2021July 20, 2021
Editorial NSE VS BSE | How NSE Beat BSE to Become India’s Top Stock Exchange Stock exchanges are the powerful platforms or marketplaces that allow us to invest or trade in securities. Most beginners in the stock market have a doubt regarding the exchange they should transact in— whether it should be BSE or NSE. In this article, we dive into the two prominent stock exchanges of India. We shall […] Written by Cherian Varghese July 20, 2021July 20, 2021
Market News Top 10 News HCL Tech Reports 9% YoY Rise in Net Profit in Q1 – Top Indian Market News HCL Tech Q1 Results: Net profit rises 9% YoY to Rs 3,213 crore HCL Technologies Ltd reported a 9.4% year-on-year (YoY) increase in consolidated net profit to Rs 3,213 crore for the quarter ended June (Q1 FY22). Its revenue from operations rose 12.5% YoY to Rs 20,068 crore during the same period. The total contract […] Written by Cherian Varghese July 19, 2021July 19, 2021
Market News Top 10 News HDFC Bank Reports 16% YoY Rise in Net Profit in Q1 – Top Indian Market News HDFC Bank Q1 Results: Net profit rises 16% YoY to Rs 7,730 crore HDFC Bank reported a 16.1% year-on-year (YoY) increase in standalone net profit to Rs 7,729.60 crore for the quarter ended June (Q1 FY22). Net interest income (NII) rose 8% YoY to Rs 17,009 crore during the same period. [NII is the difference […] Written by Cherian Varghese July 17, 2021July 17, 2021
Market News Top 10 News Zomato IPO Subscribed 38.25 Times on Final Day of Bidding – Top Indian Market News Zomato IPO subscribed 38.25 times on final day of bidding The Rs 9,375 crore initial public offering (IPO) of Zomato Limited was subscribed 38.25 times on the final day of bidding. The IPO has received bids for 2,751.25 crore equity shares against the issue size of 71.92 crore shares. Retail investors have subscribed 7.45 times […] Written by Cherian Varghese July 16, 2021July 17, 2021
Editorial Tatva Chintan Pharma Chem IPO: All You Need to Know Another day, another IPO! Tatva Chintan Pharma Chem has launched its three-day initial public offering (IPO) today— July 16. It will be the fourth public issue to hit the markets this month. Let us learn more about the company and its IPO. Company Profile – Tatva Chintan Pharma Chem Tatva Chintan Pharma Chem Limited (TCPC) […] Written by Cherian Varghese July 16, 2021July 16, 2021
The Most In-Depth Zomato IPO Review: All You Need to Know What an exciting week in the Indian stock market! Zomato’s IPO is finally here! What started as Foodiebay in 2008 by two IIT graduates has grown multifold and expanded to 24 countries. They have pushed boundaries and revolutionised the Indian food-tech industry. An Indian startup launching an IPO is a truly commendable feat. There has […] Written by Cherian Varghese July 14, 2021July 14, 2021
An Explainer on Commodities Trading and India’s MCX Our country is truly blessed with an abundance of natural resources. We have some of the largest reserves of metals in the world. A majority of our population is engaged in agricultural activities, and essential pulses and grains are grown in plenty. Such resources or commodities drive industries and provide a source of livelihood to […] Written by Cherian Varghese July 13, 2021July 14, 2021
Explained: OPEC+ Crisis, UAE-Saudi Clash Over Oil While India’s petrol and diesel prices have crossed Rs 100/liter in most states, the top oil-producing nations are in the middle of a price war. The war is between OPEC+, UAE, and Saudi Arabia. In case you do not know what OPEC is we highly recommend you go through this piece on marketfeed on What […] Written by Maarg Vaidya July 12, 2021July 12, 2021
