Market News Top 10 News JSW Steel’s Net Profit Falls 20% YoY to Rs 3,343 crore in Q4 – Top Indian Market News JSW Steel Q4 Results: Net profit falls 20% YoY to Rs 3,343 crore JSW Steel Ltd reported a 20.2% YoY decline in consolidated net profit to Rs 3,343 crore for the quarter ended March (Q4 FY22). Its total income rose 73% YoY to Rs 47,128 crore during the same period. Expenses surged 98.9% YoY to […] Written by Cherian Varghese May 27, 2022May 27, 2022
Editorial Major IT Stocks are Falling! Find Out Why! The stock markets have not been kind to investors over the past few months. Foreign institutional investors (FIIs) have pulled out nearly Rs 1.65 lakh crore so far from the Indian equity markets this year. Major IT stocks (mostly considered defensive stocks historically) have been under heavy selling pressure. The NIFTY IT Index has fallen […] Written by Cherian Varghese May 26, 2022May 26, 2022
Editorial Aether Industries Ltd IPO: All You Need to Know The IPO ‘may-hem’ continues in the Indian stock markets! Gujarat-based speciality chemical manufacturer Aether Industries Ltd has launched its three-day initial public offering (IPO) today— May 24. In this article, we analyse the company and its IPO. Company Profile – Aether Industries Ltd Established in 2013, Aether Industries Ltd (AIL) is one of the fastest-growing […] Written by Cherian Varghese May 24, 2022May 24, 2022
Editorial Ethos Limited IPO: All You Need to Know Luxury watch retailer Ethos Limited launched its three-day initial public offering (IPO) on May 18. The company sells some of the best-in-class premium watches in the world today. In this article, we analyse the company and its IPO. Company Profile – Ethos Limited Ethos Limited is one of the largest luxury and premium watch retailers […] Written by Cherian Varghese May 18, 2022May 19, 2022
Editorial Adani Group to Become India’s Second Largest Cement Maker! The Adani Group has entered into definitive agreements to acquire a majority stake in Holcim AG’s cement businesses in India for a whopping $10.5 billion (~Rs 81,361 crore)! This buyout marks Adani’s entry into the cement industry and makes it the second-largest cement producer in India. In this article, we dive into the details of […] Written by Cherian Varghese May 17, 2022May 17, 2022
Editorial Delhivery Limited IPO: All You Need to Know The IPO frenzy within the Indian startup ecosystem resumes! Logistics and supply chain startup Delhivery has launched its three-day initial public offering (IPO). In this article, learn all about the company and its IPO. Company Profile – Delhivery Limited Delhivery Ltd is the fastest-growing fully integrated player in the logistics services market in India in […] Written by Cherian Varghese May 12, 2022May 12, 2022
Editorial Life Insurance Corporation of India (LIC) IPO: All You Need to Know The biggest initial public offering (IPO) in the history of the Indian stock market is here! Life Insurance Corporation of India has launched its IPO today— May 4. The Central Government aims to raise up to Rs 21,000 crore by divesting a 3.5% stake in the country’s largest life insurer. In this article, learn all about […] Written by Cherian Varghese May 4, 2022May 4, 2022
Jargons What are Unit-Linked Insurance Plans (ULIPs)? Buying an insurance plan/policy is essential to make yourself financially secure to face any unexpected or sudden problems in life. It provides a cover against any sudden loss. However, did you know that there is a financial product that combines insurance and investment benefits in a single plan? Unit-Linked Insurance Plans (ULIPs) provide a mix […] Written by Cherian Varghese May 2, 2022May 8, 2022
Market News Top 10 News Maruti Suzuki Reports 58% YoY Rise in Q4 Net Profit – Top Indian Market News Maruti Suzuki Q4 Results: Net profit rises 58% YoY to Rs 1,839 crore Maruti Suzuki India Ltd (MSIL) reported a 58% YoY increase in net profit to Rs 1,839 crore for the quarter ended March (Q4 FY22). Its revenue from operations rose 11% YoY to Rs 25,514 crore during the same period. The automaker sold […] Written by Cherian Varghese April 29, 2022April 29, 2022
Editorial Campus Activewear Ltd IPO: All You Need to Know Leading sports & athleisure footwear manufacturer Campus Activewear Ltd has launched its three-day initial public offering. In this article, we analyse the company and its IPO. Company Profile – Campus Activewear Ltd Campus Activewear Ltd (CAL) is the largest sports and athleisure footwear brand in India in terms of value and volume as of FY21. […] Written by Cherian Varghese April 27, 2022April 27, 2022
Editorial Union Budget 2021: Expectations All eyes are focussed on the Union Budget 2021-22 that will be presented by Finance Minister Nirmala Sitharaman on February 1. As we know, the Covid-19 pandemic had led to disruptions in all major economic activities. The upcoming Budget has greater significance, as it would give us a clear picture of how the Central Government […] Written by Cherian Varghese January 31, 2021January 31, 2021
Market News Top 10 News ICICI Bank’s Q3 Profit Rises 19% YoY to Rs 4,940 crore – Top Indian Market News ICICI Bank Q3 Results: Net profit rises 19% YoY to Rs 4,940 crore ICICI Bank Ltd reported a 19% YoY increase in net profit to Rs 4,939.6 crore for the quarter ended December (Q3). Net interest income (NII) rose 16% YoY to Rs 9,912 crore during the same period. [NII is the difference between the interest […] Written by Cherian Varghese January 30, 2021January 30, 2021
Delhivery Limited IPO: All You Need to Know The IPO frenzy within the Indian startup ecosystem resumes! Logistics and supply chain startup Delhivery has launched its three-day initial public offering (IPO). In this article, learn all about the company and its IPO. Company Profile – Delhivery Limited Delhivery Ltd is the fastest-growing fully integrated player in the logistics services market in India in […] Written by Cherian Varghese May 12, 2022May 12, 2022
How Patanjali Bought Ruchi Soya For Free Ruchi Soya Industries is a company that was technically valued at zero for a while but was soon valued at thousands of crores. The company faced extreme financial doldrums and was dragged to insolvency court by its creditors. Two companies placed bids to buy Ruchi Soya— Patanjali and Adani Wilmar. Patanjali won the bid and […] Written by Maarg Vaidya May 6, 2022May 6, 2022
Life Insurance Corporation of India (LIC) IPO: All You Need to Know The biggest initial public offering (IPO) in the history of the Indian stock market is here! Life Insurance Corporation of India has launched its IPO today— May 4. The Central Government aims to raise up to Rs 21,000 crore by divesting a 3.5% stake in the country’s largest life insurer. In this article, learn all about […] Written by Cherian Varghese May 4, 2022May 4, 2022
