Market News Top 10 News PVR Reports First Profit After Two Years – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: PVR Q1 Results: Net profit at Rs 68 crore PVR Limited reported its first net profit after two Covid-hit years at Rs 68.3 crore for the quarter ended June (Q1 FY23). The multiplex operator had posted a net loss of Rs 142 […] Written by Cherian Varghese July 21, 2022July 22, 2022
Market News Top 10 News Jet Airways to Take Off Again – Top Indian Market News Jet Airways to take off again after DGCA approval The Directorate General of Civil Aviation (DGCA) has granted Jet Airways the license to resume commercial flights. The airline conducted its first of three sets of proving flights for the permit on Sunday and the final two on Tuesday. The new owners of Jet Airways, a […] Written by marketfeed Team May 20, 2022May 20, 2022
Market News Top 10 News Maruti Suzuki Reports 58% YoY Rise in Q4 Net Profit – Top Indian Market News Maruti Suzuki Q4 Results: Net profit rises 58% YoY to Rs 1,839 crore Maruti Suzuki India Ltd (MSIL) reported a 58% YoY increase in net profit to Rs 1,839 crore for the quarter ended March (Q4 FY22). Its revenue from operations rose 11% YoY to Rs 25,514 crore during the same period. The automaker sold […] Written by Cherian Varghese April 29, 2022April 29, 2022
Market News Top 10 News Govt to Sell 1.5% Stake in ONGC to Raise Rs 3,000 crore – Top Indian Market News Govt to sell up to 1.5% stake in ONGC to raise Rs 3,000 crore The Indian govt will sell up to 1.5% stake in Oil & Natural Gas Corporation Ltd (ONGC) to raise Rs 3,000 crore. The offer for sale (OFS) by the government will be open on March 30 and 31. The floor price […] Written by marketfeed Team March 29, 2022April 21, 2022
Market News Top 10 News Reliance, Ola Wins Support for Battery Manufacturing – Top Indian Market News Reliance, Ola selected for incentives under PLI scheme for battery manufacturing Reliance New Energy Solar, Ola Electric Mobility, Hyundai, and Rajesh Exports have been selected to receive incentives under a PLI scheme for manufacturing Advanced Chemistry Cell (ACC) Battery Storage in India. Hyundai and Ola Electric have been awarded support for setting up 20 Gigawatt […] Written by marketfeed Team March 24, 2022April 21, 2022
Market News Top 10 News RIL Reports 42% YoY Rise in Net Profit in Q3 – Top Indian Market News RIL Q3 Results: Net profit rises 42% YoY to Rs 18,549 crore Reliance Industries Ltd (RIL) reported a 42% YoY increase in net profit to Rs 18,549 crore for the quarter ended December (Q3 FY22). Net profit rose 36% when compared to the previous quarter. Its revenue from operations rose 54% YoY to Rs 1,91,271 […] Written by marketfeed Team January 21, 2022April 21, 2022
Market News Top 10 News IEX Reports 75% YoY Rise in Net Profit in Q2 – Top Indian Market News IEX Q2 Results: Net profit rises 75% YoY to Rs 77 crore Indian Energy Exchange (IEX) reported a 75% YoY increase in consolidated net profit to Rs 77 crore for the quarter ended September (Q2 FY22). Net profit increased by 25% compared to the previous quarter. Its revenue from operations rose 56% YoY (or 21% […] Written by marketfeed Team October 21, 2021April 21, 2022
Market News Top 10 News Tata Motors Gets NCLT Nod to Hive Off PV Business – Top Indian Market News Tata Motors gets NCLT approval to hive off PV business Tata Motors Ltd has received approval from the National Company Law Tribunal (NCLT) Mumbai bench to hive off its passenger vehicles (PV) business unit into a separate entity. In March 2021, the shareholders of the company had voted and approved the transfer of the PV […] Written by marketfeed Team August 27, 2021April 21, 2022
Market News Top 10 News Maruti Suzuki Reports 62% QoQ Fall in Net Profit in Q1 – Top Indian Market News Maruti Suzuki Q1 Results: Net profit at Rs 441 crore Maruti Suzuki India Ltd reported a standalone net profit of Rs 440.8 crore for the quarter ended June (Q1 FY22). Net profit has declined by 62% when compared to the previous quarter. It had posted a net loss of Rs 249 crore in the corresponding […] Written by marketfeed Team July 28, 2021April 21, 2022
Market News Top 10 News India’s Services PMI Falls into Contraction Territory in May – Top Indian Market News India’s services PMI falls into contraction territory in May India’s services sector activities slumped into contraction territory for the first time in eight months in May 2021. The deadlier second wave of the Covid-19 pandemic has led to muted domestic demand and a sharp decline in international orders. The IHS Markit India Services Purchasing Managers’ […] Written by marketfeed Team June 3, 2021April 21, 2022
Market News Top 10 News RBI Governor Announces Measures to Battle Second Wave Impact – Top Indian Market News RBI Governor announces relief measures to battle second wave impact Reserve Bank of India (RBI) Governor Shaktikanta Das announced a set of relief measures to help stakeholders battle the impact of the second wave of Covid-19 infections in the country. The RBI has opened an on-tap liquidity window of Rs 50,000 crore to ramp up […] Written by marketfeed Team May 5, 2021April 21, 2022
Market News Top 10 News Manufacturing PMI Remains Steady in April – Top Indian Market News Manufacturing PMI remains steady in April Manufacturing activity in India remained steady in April despite the devastating surge in Covid-19 cases amidst the second wave. The IHS Markit India Manufacturing Purchasing Managers’ Index (PMI) stood at 55.5 in April, compared with 55.4 in March. This is the eighth straight month that PMI has remained in […] Written by marketfeed Team May 3, 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
