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 Bank NPAs Could Rise To 9.8% in March 2022, says RBI – Top Indian Market News Bank NPAs could rise to 9.8% in March 2022, says RBI The Reserve Bank of India (RBI) has said in its Financial Stability Report that Non-Performing Assets (NPA) at Scheduled Commercial Banks (SCBs) could rise to anywhere between 9.8% to 11.2% by March 2022. The Gross NPA ratio for SCBs stood at 7.4% in March […] Written by Cherian Varghese July 2, 2021July 2, 2021
Market News Top 10 News Info Edge Reports 157% YoY Jump in Net Profit in Q4 – Top Indian Market News Info Edge Q4 Results: Net profit jumps 157% YoY to Rs 306 crore Info Edge (India) Ltd reported a 157.11% YoY increase in consolidated net profit to Rs 306.22 crore for the quarter ended March (Q4). Net profit has declined by 54.9% when compared to the previous quarter. Its revenue from operations rose 9.48% YoY […] Written by Cherian Varghese June 21, 2021June 21, 2021
Market News Top 10 News Grasim Reports 13% YoY Rise in Net Profit in Q4 – Top Indian Market News Grasim Q4 Results: Net profit rises 13% YoY to Rs 2,616 crore Grasim Industries reported a 13.3% YoY increase in consolidated net profit to Rs 2,616.64 crore for the quarter ended March (Q4). Its revenue from operations rose 26% YoY to Rs 24,398.92 crore during the same period. The company’s viscose (rayon fabric) business posted […] Written by Cherian Varghese May 24, 2021May 24, 2021
Editorial Why Airtel Leads In Its Race Against Jio There was a time when India’s telecom industry had a vibrant spectrum. One could choose between at least 6-7 telecom operators. Things took a hit when Jio was launched in India. India’s telecom industry was now reduced to only three private players. They are Jio, Airtel, and VI(Vodafone Idea). Airtel and Vodafone-Idea are currently burdened […] Written by Maarg Vaidya May 20, 2021May 20, 2021
Market News Top 10 News WPI Inflation Jumps to 11-Year High of 10.49% in April – Top Indian Market News WPI inflation jumps to 11-year high of 10.49% in April India’s wholesale inflation, as measured by the Wholesale Price Index (WPI), rose to an 11-year high of 10.49% in April 2021. WPI stood at 7.39% in March and 4.83% in February. The annual rate of inflation is high primarily due to the rise in prices […] Written by Cherian Varghese May 17, 2021May 17, 2021
Editorial Is Tejas Networks Really Your Multibagger Stock? The telecommunications industry has played a pivotal role in accelerating the growth of economies around the world. Telecom companies (such as Jio, Bharti Airtel, and Vodafone Idea) and other internet service providers have focused on providing high-quality services at affordable rates to individuals, business enterprises, and government entities in India. To ensure that communication networks […] Written by Cherian Varghese April 18, 2021April 18, 2021
Market News Top 10 News HDFC Bank Reports 18% YoY Rise in Net Profit in Q4 – Top Indian Market News HDFC Bank Q4 Results: Net profit rises 18% YoY to Rs 8,186 crore HDFC Bank reported an 18.2% year-on-year (YoY) rise in standalone net profit to Rs 8,186.5 crore for the quarter ended March (Q4). On a quarterly basis, net profit has declined 6.5%. Net interest income (NII) increased by 12.6% YoY to Rs 17,120 […] Written by Cherian Varghese April 17, 2021April 17, 2021
Market News Top 10 News Infosys Reports 2.32% QoQ Decline in Net Profit in Q4 – Top Indian Market News Infosys Q4 Results: Net profit falls 2.32% QoQ to Rs 5,078 crore Infosys Limited reported a 2.32% quarter-on-quarter (QoQ) decline in net profit to Rs 5,078 crore for the quarter ended March (Q4). The IT company’s revenue rose 1.5% QoQ to Rs 26,311 crore during the same period. Infosys crossed a revenue milestone of Rs […] Written by Cherian Varghese April 14, 2021April 14, 2021
Market News Top 10 News RBI Keeps Repo Rate Unchanged at 4% – Top Indian Market News RBI keeps repo rate unchanged at 4% The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) has decided to keep the repo rate unchanged at 4%. The reverse repo rate will also remain unchanged at 3.35%. This is the fifth time in a row that the rates have been kept on hold. […] Written by Cherian Varghese April 7, 2021April 7, 2021
Market News Top 10 News IMF Raises India’s Growth Projection to 12.5% in FY22 – Top Indian Market News IMF raises India’s growth projection to 12.5% in FY22 The International Monetary Fund (IMF) has upgraded its growth projection for India to 12.5% for FY 2021-22 from 11.5% estimated in January. As per IMF’s report, India is the only country expected to register double-digit growth in the current financial year. The GDP growth for FY23 […] Written by Cherian Varghese April 6, 2021April 6, 2021
Market News Top 10 News India’s Manufacturing PMI Falls to Lowest in Seven Months – Top Indian Market News India’s manufacturing PMI declines to 7-month low of 55.4 in March India’s factory activity grew at its weakest pace in seven months in March, as renewed lockdowns to curtail an increase in Covid-19 cases dampened domestic demand and output. The IHS Markit Purchasing Managers’ Index (PMI) for India’s manufacturing sector declined to 55.4 in March […] Written by Cherian Varghese April 5, 2021April 5, 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
