Market News Top 10 News HDFC Posts 22% YoY Rise in Net Profit in Q1 – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: HDFC Q1 Results: Net profit rises 22% YoY to Rs 3,669 crore Housing Development Finance Corporation (HDFC) reported a 22% YoY increase in net profit to Rs 3,669 crore for the quarter ended June (Q1 FY23). Its net interest income (NII) rose […] Written by Cherian Varghese July 29, 2022July 29, 2022
Market News Top 10 News India’s Industrial Output Grows 7.1% in April – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: India’s industrial output grows 7.1% in April India’s index of industrial production (IIP) grew 7.1% YoY to 135.1 in April 2022, compared to a growth of 1.9% in March. The mining sector rose by 7.8% year-on-year (YoY) to 116.0 in April, the […] Written by Cherian Varghese June 10, 2022June 10, 2022
Market News Top 10 News ZEEL Gets Global Rights to Air UAE T20 League – Top Indian Market News ZEEL secures global rights to air UAE T20 League UAE’s T20 League has signed a long-term global media rights contract with Zee Entertainment Enterprises Ltd (ZEEL) to air the tournament exclusively on ZEEL’s channels and OTT platform (ZEE5) across the world. The league comprises six teams competing in a 34-match competition. The matches will air […] Written by marketfeed Team May 24, 2022May 25, 2022
Market News Top 10 News Passenger Vehicle Dispatches Dip 4% in April – Top Indian Market News Passenger vehicle dispatches dip 4% in April: SIAM Passenger vehicle (PV) dispatches from factories to dealers in the domestic market fell 4% YoY to 2,51,581 units in April. Two-wheeler sales increased by 15% YoY to 11.48 lakh units in April. Automakers are working hard to manage the supplier ecosystem with agility as supply-side challenges continue. […] Written by marketfeed Team May 11, 2022May 11, 2022
Market News Top 10 News RBI Hikes Key Lending Rate to 4.4% – Top Indian Market News RBI hikes key lending rate to 4.4% The Reserve Bank of India (RBI) has raised its key lending rate (repo rate) by 40 basis points (bps) to 4.40% with immediate effect. RBI Governor Shaktikanta Das said the decision was taken in view of rising inflation, geopolitical tensions, and high crude oil prices, which have impacted […] Written by marketfeed Team May 4, 2022May 4, 2022
Market News Top 10 News Tata Elxsi’s Net Profit Rises 39% YoY in Q4 – Top Indian Market News Tata Elxsi Q4 Results: Net profit rises 39% YoY to Rs 160 crore Tata Elxsi Ltd reported a 39.95% YoY increase in net profit to Rs 160 crore for the quarter ended March (Q4 FY22). Its revenue from operations rose 31.51% YoY (or 7.3% QoQ) to Rs 681.7 crore during the same period. Tata Elxsi […] Written by marketfeed Team April 20, 2022April 21, 2022
Market News Top 10 News CPI Inflation Rises to 17-Month High of 6.95% – Top Indian Market News CPI inflation rises to 17-month high of 6.95% Retail inflation in India soared to the highest level since October 2020, led by a rise in the prices of food items. Consumer Price Index (CPI) inflation stood at 6.95% in March 2022, compared to 6.07% in February. Inflation in food items and beverages rose 7.47% in […] Written by marketfeed Team April 12, 2022April 21, 2022
Market News Top 10 News Govt to Sell 1.5% Stake in ONGC to Raise Rs 3,000 crore – Top Indian Market News Govt to sell up to 1.5% stake in ONGC to raise Rs 3,000 crore The Indian govt will sell up to 1.5% stake in Oil & Natural Gas Corporation Ltd (ONGC) to raise Rs 3,000 crore. The offer for sale (OFS) by the government will be open on March 30 and 31. The floor price […] Written by marketfeed Team March 29, 2022April 21, 2022
Market News Top 10 News WPI Inflation Rises to 13.11% in Feb – Top Indian Market News WPI inflation rises to 13.11% in February India’s wholesale price-based inflation accelerated to 13.11% year-on-year (YoY) in February, compared to 12.96% in January. Fuel and power inflation stood at 31.5% YoY in Feb, compared to 32.27% in Jan. Inflation in manufactured products rose 9.84% in Feb, as against 9.42% in the previous month. This signals […] Written by marketfeed Team March 14, 2022April 21, 2022
Market News Top 10 News JSW Steel Output Grows 21% YoY in Feb – Top Indian Market News JSW Steel output rises 21% YoY to 1.58 MT in Feb JSW Steel Ltd registered a 21% year-on-year (YoY) increase in crude steel production to 1.58 million tonnes (MT) for February 2022. The JSW Group firm’s steel output stood at 1.31 MT in February 2021. The company’s production of flat-rolled products rose 25% to 1.15 […] Written by marketfeed Team March 8, 2022April 21, 2022
Market News Top 10 News L&T Bags Order for Mumbai-Ahmedabad Bullet Train Project – Top Indian Market News L&T secures third order for Mumbai-Ahmedabad bullet train project Larsen & Toubro (L&T) has secured a third order for the Mumbai-Ahmedabad High Speed Rail from the National High Speed Rail Corporation Ltd (NHSRCL). The order includes the design and construction of civil & building works for a double-line high-speed railway of a length of 8.198 […] Written by marketfeed Team January 10, 2022April 21, 2022
Market News Top 10 News Tata Steel’s Output Grows 2% YoY to 7.68 MT in Q3 – Top Indian Market News Tata Steel’s output grows 2% YoY to 7.68 MT in Q3 Tata Steel Ltd reported a 2% YoY rise in consolidated steel output to 7.68 million tonnes (MT) for the October-December period (Q3 FY22). Consolidated sales fell 3% YoY to 6.88 MT during the same period. Tata Steel produced 4.80 MT of steel in Q3 […] Written by marketfeed Team January 7, 2022April 21, 2022
An Analysis of India’s Green Hydrogen Industry India has announced plans to de-carbonize within the next 30 years. The government has taken strategic decisions to reduce the reliance on fossil fuels and cut down costly imports. Our country’s target of achieving 175 gigawatts (GW) of renewable energy capacity by 2022 has received a significant boost through new policies. As part of these […] Written by Cherian Varghese July 1, 2022July 2, 2022
Why RBL Bank’s Share Price is Down 60% this Year? RBL Bank’s share price has tanked by nearly 60% in a year and ~30% in the second week of June! The bank’s top-level management, financials, and asset quality are being questioned. In this piece, we figure out what led to the price crash and if India’s central bank could possibly recover RBL Bank’s damaged share […] Written by Maarg Vaidya June 28, 2022June 28, 2022
What’s Happening at Yes Bank? Scandal-ridden Yes Bank has been all over the news lately. It has initiated the process to form a new Board of Directors. The private sector bank seeks to exit from the reconstruction scheme devised for its rescue in 2020. It has reported a positive momentum in overall business and even claimed to regain the trust […] Written by Cherian Varghese June 14, 2022June 14, 2022
