Market News Top 10 News JSW Steel Output Rises 10% to 13.67 LT in May – Top Indian Market News JSW Steel output rises 10% to 13.67 LT in May JSW Steel Ltd reported a 10% YoY growth in crude steel production to 13.67 lakh tonne (LT) in May 2021. The company had produced 12.48 LT steel during the same month last year. Its output of flat-rolled products increased by 10% YoY to 9.99 LT […] Written by Cherian Varghese June 10, 2021June 10, 2021
Market News Top 10 News HDFC Reports 42% YoY Rise in Net Profit in Q4 – Top Indian Market News HDFC Q4 Results: Net profit rises 42% YoY to Rs 3,180 crore Housing Development Finance Corporation (HDFC) reported a 42% YoY increase in net profit to Rs 3,180 crore for the quarter ended March (Q4). On a quarterly basis, net profit has increased by 8.7%. Net interest income (NII) rose 14% YoY to Rs 4,065 crore […] Written by Cherian Varghese May 7, 2021May 7, 2021
Market News Top 10 News ICICI Securities’ Net Profit Jumps Two-Fold in Q4 – Top Indian Market News ICICI Securities Q4 Results: Net profit jumps two-fold to Rs 329 crore ICICI Securities Limited reported over a two-fold year-on-year (YoY) increase in net profit to Rs 329 crore for the quarter ended March (Q4). Its revenue jumped 53% YoY to Rs 739 crore during the same period. The revenue growth was supported by a […] Written by Cherian Varghese April 21, 2021April 21, 2021
Market News Top 10 News Tata Consumer Q3 Profit Rises 29% YoY to Rs 218 crore – Top Indian Market News Tata Consumer Q3 Results: Net profit rises 29% YoY to Rs 218 crore Tata Consumer Products Ltd (TCPL) reported a 29% YoY increase in consolidated net profit to Rs 218.2 crore for the quarter ended December (Q3). Its revenue from operations rose 23% YoY to Rs 3,069.6 crore during the same period. The rise in […] Written by Cherian Varghese February 2, 2021February 2, 2021
Market News Top 10 News SEBI Slaps Rs 1 crore Fine On HDFC Bank – Top Indian Market News SEBI imposes Rs 1 crore penalty on HDFC Bank in BRH Wealth Kreators case SEBI imposed a penalty of Rs 1 crore on HDFC Bank for invoking securities pledged by stockbroker BRH Wealth Kreators, in violation of the regulator’s interim directions. The bank has also been directed to transfer Rs 158.68 crore along with 7% […] Written by Cherian Varghese January 21, 2021January 21, 2021
Market News Top 10 News Infosys Reports 16% YoY Rise In Net Profit – Top Indian Market News Infosys Q3 Results: Net profit jumps 16.6% YoY to Rs 5,197 crore Infosys Ltd reported a 16.6% year-on-year (YoY) increase in consolidated net profit at Rs 5,197 crore for the quarter ended December (Q3). The IT major had posted a net profit of Rs 4,457 crore in the same period last year. The company’s revenue […] Written by Cherian Varghese January 13, 2021January 14, 2021
Trending Reliance Loses Crown To HDFC Bank in the NIFTY 50 In other news, Reliance Industries Limited (RIL) has lost its position to HDFC Bank in terms of weightage in the NIFTY 50. HDFC Bank stocks have been rallying despite an RBI report on a possible spike in Gross NPAs. What led to the events? Let’s find out. Written by Maarg Vaidya January 13, 2021January 13, 2021
Market News Top 10 News Centre to Transfer Rs 6,000 crore as GST Compensation to 16 States – Top Indian Market News Centre to transfer Rs 6,000 crore as GST compensation to 16 states The Central Government will release Rs 6,000 crore to 16 states and 3 union territories on Monday. This amount will be the second round of back-to-back loans given to states/UTs to meet the shortfall in Goods and Services Tax (GST) collections. There was […] Written by Cherian Varghese November 2, 2020November 2, 2020
Market News Top 10 News Kalyan Jewellers gets approval from SEBI – Top Indian Market News Kalyan Jewellers gets approval from SEBI to conduct IPO Kalyan Jewellers India Ltd has received approval from market regulator SEBI to go ahead and raise Rs 1,750 crore through an initial public offering (IPO). The initial sale of shares consists of the issuance of fresh equity aggregating to Rs 1,000 crore, and an offer for […] Written by Cherian Varghese October 19, 2020October 19, 2020
Market News Top 10 News IndusInd Bank fined Rs 4.5 crore – Top Indian Market News IndusInd Bank fined Rs 4.5 crore for non-compliance with RBI provisions RBI has imposed a penalty of Rs 4.5 crore on IndusInd Bank for non-compliance with certain provision norms. Through an inspection by RBI, it has been found that the bank has not adhered to exposure norms, and norms for Income Recognition, Asset Classification (IRAC). […] Written by Cherian Varghese October 17, 2020October 17, 2020
Market News HDFC AMC Q1 Results Declared. How it went and what to expect? The HDFC AMC (Housing Development Finance Corporation Asset Management Company) declared its Q1 results today. With its total revenue at Rs 491.3 Cr as compared to 449.6 last quarter, it has witnessed a total revenue growth at 9.27% QoQ, this is a considerable growth keeping the COVID situation in mind. The company declared a net […] Written by Maarg Vaidya July 23, 2020July 23, 2020
Daily Market Feed Uncategorized Share Market News Today – 12 June 2020 News Shots The Supreme Court asked the telcos to submit within the next five days their roadmap for payment of dues and the timeline along with the security they will furnish to protect future payments to the government. Vodafone Idea submitted before the court that dues are huge and the firm would not be able […] Written by Sharique Samsudheen June 12, 2020June 14, 2020
Sona Comstar IPO: All You Need to Know The IPO frenzy has returned to the Indian stock markets. Sona BLW Precision Forgings, one of the leading auto components manufacturers in the world, had launched its three-day initial public offering (IPO) on June 14. In this article, we take a closer look into the company and its IPO. Company Profile – Sona BLW Precision […] Written by Cherian Varghese June 15, 2021June 15, 2021
Shyam Metalics and Energy IPO: All You Need to Know The IPO land has been barren in the past few weeks but now the IPO run is set to begin again. The company kicking it off is Shyam Metalics and Energy Limited who will be launching its IPO from June 14 to June 16. Let’s discuss what the IPO is all about. About the Company […] Written by Sanidhya Bhardwaj June 14, 2021June 14, 2021
An Analysis of Laxmi Organic Industries India is considered the fastest-growing market for speciality chemicals in the world. The agrochemical, pharmaceutical, and textile industries depend on a steady supply of speciality chemicals for their day-to-day production activities. There are a large number of companies in our country that manufacture such chemicals in bulk. In this article, learn more about Laxmi Organic […] Written by Cherian Varghese June 11, 2021June 11, 2021
