Market News Top 10 News Divi’s Labs Reports 78% YoY Rise in Net Profit in Q4 – Top Indian Market News Divi’s Labs Q4 Results: Net profit rises 78% YoY to Rs 895 crore Divi’s Laboratories Ltd reported a 78.2% YoY increase in consolidated net profit to Rs 894.64 crore for the quarter ended March (Q4 FY22). Its revenue from operations rose 40.83% YoY to Rs 2,518.44 crore during the same period. EBITDA stood at Rs […] Written by marketfeed Team May 23, 2022May 24, 2022
Market News Top 10 News Adani Power’s Net Profit Jumps Multifold to Rs 4,645 crore in Q4 – Top Indian Market News Adani Power Q4 Results: Net profit jumps multifold to Rs 4,645 crore Adani Power Ltd reported a multifold jump in net profit to Rs 4,645.47 crore for the quarter ended March (Q4 FY22). It had posted a net profit of Rs 13.13 crore in the corresponding quarter last year (Q4 FY21). Its revenue from operations […] Written by marketfeed Team May 5, 2022May 5, 2022
Market News Top 10 News Google to Invest up to $1 billion in Bharti Airtel – Top Indian Market News Google to invest up to $1 billion in Bharti Airtel US internet giant Google has announced an investment of up to $1 billion (~Rs 7,497 crore) in partnership with Bharti Airtel. It includes a $700 million equity investment in Bharti Airtel for a 1.28% stake and up to $300 million towards potential multi-year commercial agreements. […] Written by marketfeed Team January 28, 2022April 21, 2022
Market News Top 10 News Tata Power Reports 51% YoY Rise in Net Profit in Q2 – Top Indian Market News Tata Power Q2 Results: Net profit rises 51% YoY to Rs 421 crore Tata Power reported a 51% YoY increase in consolidated net profit to Rs 421.5 crore for the quarter ended September (Q2 FY22). Net profit increased by 8% compared to the previous quarter. Its revenue from operations rose 18% YoY to Rs 9,810.2 […] Written by marketfeed Team October 28, 2021April 21, 2022
Editorial Is Marico Overly Dependent on Parachute? Right from our childhood, a blue bottle of coconut oil might have influenced various aspects of our life. It has helped generations to ensure adequate growth and consistency of hair. Yes, today we are going to analyse the company behind this market leader. The name of the product is Parachute coconut oil, and the parent […] Written by marketfeed Team August 26, 2021April 21, 2022
Market News Top 10 News Sun Pharma Reports 62% QoQ Rise in Net Profit in Q1 – Top Indian Market News Sun Pharma Q1 Results: Net profit rises 62% QoQ to Rs 1,444 crore Sun Pharmaceutical Industries reported a 62% quarter-on-quarter (QoQ) increase in net profit to Rs 1,444.17 crore for the quarter ended June (Q1 FY22). It had posted a net loss of Rs 1,655.6 crore in the corresponding quarter last year (Q1 FY21). Its […] Written by marketfeed Team July 30, 2021April 21, 2022
Market News Top 10 News RIL Reports 108% YoY Jump in Net Profit in Q4 – Top Indian Market News Reliance Industries Q4 Results: Net profit at Rs 13,227 crore Reliance Industries Limited (RIL) reported a 108% YoY increase in consolidated net profit at Rs 13,227 crore for the quarter ended March (Q4). On a quarterly basis, net profit has grown 1%. The consolidated revenue from operations rose 11% YoY to Rs 1,54,896 crore during […] Written by marketfeed Team April 30, 2021April 21, 2022
Market News Top 10 News India’s Manufacturing PMI Falls to Lowest in Seven Months – Top Indian Market News India’s manufacturing PMI declines to 7-month low of 55.4 in March India’s factory activity grew at its weakest pace in seven months in March, as renewed lockdowns to curtail an increase in Covid-19 cases dampened domestic demand and output. The IHS Markit Purchasing Managers’ Index (PMI) for India’s manufacturing sector declined to 55.4 in March […] Written by marketfeed Team April 5, 2021April 21, 2022
Editorial Marico’s Saffola Oodles vs Maggi and Yippee. Can Everyone Win? The instant noodles market in India is growing constantly, and is now worth Rs 9,000 crore. More companies want to obtain a piece of this highly promising market. Recently, Marico announced the launch of 'Saffola Oodles', which will take on brands such as Maggi and Yippee. Through this article, find out if this launch will take the market by storm. Written by marketfeed Team March 10, 2021April 21, 2022
Market News Top 10 News Jubilant Foodworks To Buy Stake In Master Franchisee Of Domino’s Pizza – Top Indian Market News Jubilant Foodworks to acquire stake in master franchisee of Domino’s Pizza in 4 countries Jubilant Foodworks Ltd will acquire Fides Food Systems Coöperatief U.A., Netherlands—the beneficial owner of 32.81% of equity shares in DP Eurasia—in an all-cash deal amounting to nearly £24.8 million (~Rs 252 crore). The stake will be acquired through its subsidiary, Jubilant […] Written by marketfeed Team February 19, 2021April 21, 2022
Market News Top 10 News HUL’s Q3 Profit Jumps 19% YoY to Rs 1,921 crore – Top Indian Market News HUL Q3 Results: Net profit rises 19% YoY to Rs 1,921 crore Hindustan Unilever Ltd (HUL) reported an 18.8% YoY increase in net profit to Rs 1,921 crore for the quarter ended December (Q3). The FMCG firm’s revenue rose 20.94% YoY to Rs 11,862 crore during the same period. Its domestic volume growth jumped 7% […] Written by marketfeed Team January 27, 2021April 21, 2022
Market News Top 10 News India’s Manufacturing PMI Remains Stable in December – Top Indian Market News India’s manufacturing PMI in expansionary zone for fifth straight month Aided by improved domestic demand, business activity in India’s manufacturing sector continued to recover in December 2020. IHS Markit’s Manufacturing Purchasing Managers Index (PMI) rose from 56.3 in November to 56.4 in December. The loosening of Covid-19 restrictions, strengthening demand, and improved market conditions had […] Written by marketfeed Team January 4, 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