Market News Top 10 News DMart’s Net Profit Rises 24% YoY in Q3 – Top Indian Market News Avenue Supermarts Q3 Results: Net profit rises 24% YoY to Rs 553 crore Avenue Supermarts Ltd (DMart) reported a 23.71% YoY increase in consolidated net profit to Rs 553 crore for the quarter ended December (Q3 FY22). Net profit rose 32% compared to the previous quarter. Its revenue from operations rose 22.2% YoY (or 18% […] Written by marketfeed Team January 8, 2022April 21, 2022
Market News Top 10 News Indian Oil Acquires 4.93% Stake in IGX – Top Indian Market News Indian Oil Corp acquires 4.93% stake in IGX Indian Oil Corporation (IOC) has acquired a 4.93% stake in Indian Gas Exchange (IGX). At face value, the acquisition will cost IOC Rs 3.7 crore. IGX is India’s first automated national-level gas exchange. It ensures transparent price discovery in natural gas and facilitates the growth of natural […] Written by marketfeed Team December 21, 2021April 21, 2022
Market News Top 10 News Tech Mahindra Reports 26% YoY Rise in Net Profit in Q2 – Top Indian Market News Tech Mahindra Q2 Results: Net profit rises 26% YoY to Rs 1,339 crore Tech Mahindra reported a 25.8% year-on-year (YoY) increase in consolidated net profit to Rs 1,338.7 crore for the quarter ended September (Q2 FY22). Net profit fell 1.07% compared to the previous quarter. Its revenue from operations rose 16.1% YoY (or 6.7% QoQ) […] Written by marketfeed Team October 25, 2021April 21, 2022
Market News Top 10 News Avenue Supermarts Reports 31% Rise in Revenue in Q1 – Top Indian Market News Avenue Supermarts reports 31% YoY rise in revenue in Q1 Avenue Supermarts Ltd reported a 31.27% YoY increase in standalone revenue to Rs 5,031.75 crore for the quarter ended June 2021 (Q1 FY22). It had posted a revenue of Rs 3,833.23 crore in the corresponding quarter last year (Q1 FY21). The total number of stores […] Written by marketfeed Team July 3, 2021April 21, 2022
Market News Top 10 News Bandhan Bank Reports 80% YoY Fall in Net Profit in Q4 – Top Indian Market News Bandhan Bank Q4 Results: Net profit declines 80% YoY to Rs 103 crore Bandhan Bank reported an 80% YoY decline in net profit to Rs 103 crore for the quarter ended March (Q4). Net interest income (NII) rose 4.6% YoY to Rs 1,757 crore during the same period. [NII is the interest income a bank […] Written by marketfeed Team May 8, 2021April 21, 2022
Market News Top 10 News Adani Group, AAI Sign Concession Agreement for 3 Airports – Top Indian Market News Adani Group signs concession agreement with AAI for Jaipur, Guwahati, TVM airports Adani Group has signed a concession agreement with the Airports Authority of India (AAI) for operating and maintaining Jaipur, Guwahati, and Thiruvananthapuram airports. The concession period is 50 years from the commercial operation date. The group will now get six months to take […] Written by marketfeed Team January 19, 2021April 21, 2022
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
