Market News Top 10 News SpiceJet Gets Show-Cause Notice From DGCA – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: SpiceJet gets show-cause notice from DCGA for safety lapses The Directorate-General for Civil Aviation (DGCA) has issued a show-cause notice to SpiceJet Ltd for failing to establish a safe and reliable air service. An unusually high number of incidents involving SpiceJet aircraft […] Written by Cherian Varghese July 6, 2022July 6, 2022
Market News Top 10 News Tata Motors Secures Order for 1,300 CVs – Top Indian Market News Tata Motors secures order for 1,300 CVs from VRL Logistics Tata Motors has secured an order for 1,300 commercial vehicles (CVs) from VRL Logistics. The order comprises medium & heavy commercial vehicles (MHCV) and intermediate & light commercial vehicle (ILCV) range, which suit the logistics operations of VRL Logistics. The vehicles provide superior drivability, high […] Written by marketfeed Team April 7, 2022April 21, 2022
Market News Top 10 News Tata Steel Reports 654% YoY Jump in Net Profit in Q2 – Top Indian Market News Tata Steel Q2 Results: Net profit jumps 654% YoY to Rs 12,547 crore Tata Steel Ltd reported a 653.6% YoY jump in consolidated net profit to Rs 12,547.70 crore for the quarter ended September (Q2 FY22). Net profit increased 28% compared to the previous quarter. Its revenue from operations rose 54.8% YoY to Rs 60,282.8 […] Written by marketfeed Team November 11, 2021April 21, 2022
Market News Top 10 News SBI Reports 55% YoY Rise in Net Profit in Q1 – Top Indian Market News State Bank of India Q1 Results: Net profit rises 55% YoY to Rs 6,504 crore State Bank of India (SBI) reported a 55.2% YoY increase in net profit to Rs 6,504 crore for the quarter ended June (Q1 FY22). Its net interest income (NII) rose 3.7% YoY to Rs 27,638 crore during the same period. […] Written by marketfeed Team August 4, 2021April 21, 2022
Market News Top 10 News Services PMI Falls to 41.2 in June – Top Indian Market News India’s services PMI falls to lowest level in 11 months in June India’s services sector activities fell to their lowest level in 11 months as new businesses and output declined. The IHS Markit India Services Purchasing Managers’ Index (PMI) stood at 41.2 in June, compared to 46.4 in May. PMI is a month-on-month calculation and […] Written by marketfeed Team July 5, 2021April 21, 2022
Market News Top 10 News Godrej Consumer Reports 59% YoY Rise in Net Profit in Q4 – Top Indian Market News Godrej Consumer Q4 Results: Net profit rises 59% YoY to Rs 366 crore Godrej Consumer Products Ltd (GCPL) reported a 59.13% year-on-year (YoY) increase in consolidated net profit to Rs 365.84 crore for the quarter ended March (Q4). On a quarterly basis, net profit has declined by 27%. Its revenue from operations rose 27% YoY […] Written by marketfeed Team May 11, 2021April 21, 2022
Editorial Godrej Consumer Products: An Analysis As you may know, the FMCG industry in India is highly competitive. Companies such as Tata Consumer Products, Hindustan Unilever, Dabur, ITC, and Britannia have time and again launched some of the best brands and products that have become a big part of our lives. These firms have kept a constant track of rapid changes […] Written by marketfeed Team April 7, 2021April 21, 2022
Market News Top 10 News Godrej Consumer’s Q3 Profit Rises 12% YoY to Rs 502 crore – Top Indian Market News Godrej Consumer Q3 Results: Net profit rises 12% YoY to Rs 502 crore Godrej Consumer Products reported a 12.77% YoY increase in consolidated net profit to Rs 502.08 crore for the quarter ended December (Q3). Its revenue from operations rose 9.98% YoY to Rs 2,778.05 crore during the same period. The company’s Household Insecticides, Hygiene, […] Written by marketfeed Team February 8, 2021April 21, 2022
Paytm Shares Are Up 32% From 52-Week Low. What Next? Shares of One97 Communications Ltd, the parent company of digital payments platform Paytm, have recovered ~32% from its 52-week low. Unfortunately, the stock is still down by Rs 1,280 or 65% compared to its IPO listing price of Rs 1,955! In today’s article, we analyze the recent developments surrounding Paytm and its financial performance. What […] Written by Cherian Varghese July 6, 2022July 7, 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
