Market News Top 10 News SBI Posts 41% YoY Rise in Net Profit in Q4 – Top Indian Market News SBI Q4 Results: Net profit rises 41% YoY to Rs 9,113 crore State Bank of India (SBI) reported a 41.27% YoY increase in net profit to Rs 9,113.52 crore for the quarter ended March (Q4 FY22). Net interest income (NII) rose 15.26% YoY to Rs 31,198 crore during the same period. The gross non-performing assets […] Written by marketfeed Team May 13, 2022May 13, 2022
Market News Top 10 News Bajaj Finance Reports 80% YoY Rise in Q4 Net Profit – Top Indian Market News Bajaj Finance Q4 Results: Net profit rises 80% YoY to Rs 2,420 crore Bajaj Finance Ltd reported an 80% YoY (or 14% QoQ) increase in net profit to Rs 2,419.5 crore for the quarter ended March (Q4 FY22). Its net interest income (NII) rose 30% YoY to Rs 6,068 crore during the same period. The […] Written by marketfeed Team April 26, 2022April 26, 2022
Market News Top 10 News TCS Posts 7% YoY Rise in Net Profit in Q4 – Top Indian Market News TCS Q4 Results: Net profit rises 7% YoY to Rs 9,926 crore Tata Consultancy Services (TCS) reported a 7% YoY increase in consolidated net profit to Rs 9,926 crore for the quarter ended March (Q4 FY22). Net profit rose 1.6% when compared to the previous quarter. Its revenue from operations grew 16% YoY (or 3.5% […] Written by marketfeed Team April 11, 2022April 21, 2022
Market News Top 10 News HDFC Bank to Raise up to Rs 50,000 crore via Bonds – Top Indian Market News HDFC Bank to raise up to Rs 50,000 crore via bonds HDFC Bank’s board will consider a proposal for raising up to Rs 50,000 crore over the next 12 months. The bank aims to raise funds by issuing Perpetual Debt Instruments (part of Additional Tier-I capital), Tier-II Capital Bonds, and Long Term Bonds (Financing of […] Written by marketfeed Team April 6, 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 Bajaj Auto Posts 17% YoY Fall in Net Profit in Q3 – Top Indian Market News Bajaj Auto Q3 Results: Net profit falls 17% YoY to Rs 1,430 crore Bajaj Auto Ltd reported a 17% YoY decline in consolidated net profit to Rs 1,429.68 crore for the quarter ended December (Q3 FY22). Net profit fell 30% when compared to the previous quarter. Its revenue from operations rose 1% YoY (or 5% […] Written by marketfeed Team January 19, 2022April 21, 2022
Market News Top 10 News HAL Signs Rs 2,400 crore Contract With BEL for Tejas MK1A Systems – Top Indian Market News HAL signs Rs 2,400 crore contract with BEL for Tejas MK1A systems Hindustan Aeronautics Ltd (HAL) has signed a Rs 2,400 crore contract with Bharat Electronics Limited (BEL) for the development and supply of 20 types of systems for the Light Combat Aircraft (LCA) Tejas Mk1A program. The agreement involves the supply of critical avionics, […] Written by marketfeed Team December 16, 2021April 21, 2022
Market News Top 10 News Kalyan Jewellers’ Revenue Grows 60% in Q2 – Top Indian Market News Kalyan Jewellers’ revenue grows 60% in Q2 Kalyan Jewellers reported a 60% year-on-year (YoY) growth in revenue of its India operations during the quarter ended September (Q2 FY22). The company registered growth in the share of new customers in Q2, largely driven by a shift from the unorganised to the organised segment. The non-south markets […] Written by marketfeed Team October 7, 2021April 21, 2022
Market News Top 10 News Finance Ministry Announces Rs 6.28 lakh crore Stimulus Package – Top Indian Market News Finance Ministry announces relief measures for sectors impacted by Covid-19 Union Finance Minister Nirmala Sitharaman has announced a Rs 6.28 lakh crore stimulus package to boost Covid-affected sectors. An amount of Rs 23,220 crore will be set aside for the expansion of medical infrastructure for one year. Once issuance resumes, five lakh tourist visas will […] Written by marketfeed Team June 28, 2021April 21, 2022
Market News Top 10 News Adani Ports’ Net Profit Jumps 285% YoY in Q4 – Top Indian Market News Adani Ports Q4 Results: Net profit jumps 285% YoY to Rs 1,288 crore Adani Ports & Special Economic Zone Ltd (APSEZ) reported a 285% year-on-year (YoY) jump in net profit to Rs 1,288 crore for the quarter ended March (Q4). Its revenue rose 24% YoY to Rs 3,608 crore during the same period. Total cargo […] Written by marketfeed Team May 4, 2021April 21, 2022
Editorial FTSE Index Rejig to Boost Indian Stocks? On February 19, UK-based index provider Financial Times Stock Exchange (FTSE) announced certain vital changes as part of its quarterly index review. The FTSE report mentions various Indian stocks that will be added or removed in its All-World and All-Cap Index. As per reports, India is expected to receive significant inflows in the range of […] Written by marketfeed Team February 26, 2021April 21, 2022
Market News Top 10 News Retail Inflation Eases to 4.06% in January; Industry Output Grows 1% in December – Top Indian Market News Retail inflation eases to 4.06% in January; industry output grows 1% in December India’s retail inflation, calculated by the Consumer Price Index (CPI), eased to 4.06% in January 2021, primarily due to a decline in vegetable prices. The CPI stood at 4.59% in December 2020 and 7.6% in January 2020. Meanwhile, the Index of Industrial […] Written by marketfeed Team February 12, 2021April 21, 2022
Buy Now Pay Later: A Tough Rival for Credit Card Companies? What do you do when you want to purchase something outside your financial limit or face a sudden money crunch? Decades ago, people used to run to a nearby moneylender who charge high-interest rates. But things are much simpler now! Credit cards allow you to borrow money for almost a month at zero interest rates. […] Written by Anand P M June 6, 2022June 6, 2022
Zomato Q4 Results: How Has The Food and Delivery Platform Fared? Zomato got listed in July 2021. The food delivery platform’s share price has tanked by nearly ~42% since then. Amidst tough economic conditions, the company is trying to expand into the B2B segment with Hyperpure, growing breakneck, and keeping up with peers like Swiggy, Zepto, and Dunzo. Zomato had recently announced its Q4 results for […] Written by Maarg Vaidya May 31, 2022May 31, 2022
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
