Market News Top 10 News Bajaj Auto Announces Rs 2,500 crore Share Buyback Plan – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Bajaj Auto announces Rs 2,500 crore share buyback plan Bajaj Auto Ltd’s board has approved the buyback of shares worth up to Rs 2,500 crore. The two-wheeler manufacturer intends to buy back 54.35 lakh shares (aggregating up to 1.88% of the total […] Written by Cherian Varghese June 27, 2022June 27, 2022
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 Adani Ports Acquires 100% Stake in Ocean Sparkle – Top Indian Market News Adani Ports acquires 100% stake in marine services firm Ocean Sparkle Adani Ports & Special Economic Zone Ltd’s (APSEZ) subsidiary, Adani Harbour Services Ltd, has entered into a definitive agreement for the acquisition of a 100% stake in Ocean Sparkle Ltd (OSL). OSL ranks first in India and 11th globally in providing end-to-end marine services. […] Written by marketfeed Team April 22, 2022April 25, 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 SBI to Provide $1B Credit Line to Sri Lanka – Top Indian Market News SBI to provide $1 billion credit line to Sri Lanka The Finance Ministry said the State Bank of India (SBI) will provide a $1 billion (~Rs 7,593 crore) credit facility to Sri Lanka for the procurement of food, medicines, and other essential items. Earlier, the Export-Import Bank of India extended a line of credit of […] Written by marketfeed Team March 17, 2022April 21, 2022
Market News Top 10 News RIL Terminates Sub-Lease of 950 Future Stores – Top Indian Market News Reliance terminates sub-lease of 950 Future stores Reliance Retails Ventures Ltd (RRVL) has issued notices on Future Retail for terminating sub-leases of 950 stores it had taken over. The debt-laded Future Group firms have been served notices to terminate the lease of 835 Future Retail stores and 112 Future Lifestyle stores. In February, RRVL had […] Written by marketfeed Team March 10, 2022April 21, 2022
Market News Top 10 News UPL Approves Rs 1,100 crore Share Buyback Plan – Top Indian Market News UPL approves Rs 1,100 crore share buyback plan The Board of Directors of UPL Limited has approved a proposal to buy back equity shares worth Rs 1,100 crore. The company will buy back 1.26 crore equity shares (or 1.65% of the total paid-up capital) at Rs 875 per share through the open market. The maximum […] Written by marketfeed Team March 2, 2022April 21, 2022
Market News Top 10 News Nestle India’s Net Profit Falls 20% YoY in Q4 – Top Indian Market News Nestle India Q4 Results: Net profit falls 20% YoY to Rs 387 crore Nestle India Ltd reported a 19.9% YoY decline in net profit to Rs 386.66 crore for the quarter ended December (Q4 CY21). The company follows the January-Dec financial year cycle. Its revenue rose 9% YoY to Rs 3,739.32 crore during the same […] Written by marketfeed Team February 17, 2022April 21, 2022
Market News Top 10 News Maruti Suzuki Reports 48% YoY Fall in Net Profit in Q3 – Top Indian Market News Maruti Suzuki Q3 Results: Net profit falls 48% YoY to Rs 1,011 crore Maruti Suzuki India Ltd (MSIL) reported a 47.9% YoY decline in net profit to Rs 1,011 crore for the quarter ended December (Q3 FY22). Its revenue from operations fell 1% YoY to Rs 23,246 crore during the same period. The global chip […] Written by marketfeed Team January 25, 2022April 21, 2022
Market News Top 10 News HDFC Bank’s Net Profit Rises 18% YoY in Q3 – Top Indian Market News HDFC Bank Q3 Results: Net profit rises 18% YoY to Rs 10,342 crore HDFC Bank reported an 18% YoY increase in net profit to Rs 10,342.2 crore for the quarter ended December (Q3 FY22). Net profit increased 17% when compared to the previous quarter. Its net interest income (NII) grew 13% YoY (or 4% QoQ) […] Written by marketfeed Team January 15, 2022April 21, 2022
Market News Top 10 News DMart’s Net Profit Rises 24% YoY in Q3 – Top Indian Market News Avenue Supermarts Q3 Results: Net profit rises 24% YoY to Rs 553 crore Avenue Supermarts Ltd (DMart) reported a 23.71% YoY increase in consolidated net profit to Rs 553 crore for the quarter ended December (Q3 FY22). Net profit rose 32% compared to the previous quarter. Its revenue from operations rose 22.2% YoY (or 18% […] Written by marketfeed Team January 8, 2022April 21, 2022
Market News Top 10 News L&T, ReNew Tie Up For Green Hydrogen Projects – Top Indian Market News L&T partners with ReNew for green hydrogen projects in India Larsen & Toubro (L&T) and ReNew Power have signed an agreement to tap the $2 billion green hydrogen business opportunities in India and neighboring countries. Under this agreement, L&T and ReNew will jointly develop, own, execute and operate green hydrogen projects. The partnership will allow […] Written by marketfeed Team December 2, 2021April 21, 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
Aether Industries Ltd IPO: All You Need to Know The IPO ‘may-hem’ continues in the Indian stock markets! Gujarat-based speciality chemical manufacturer Aether Industries Ltd has launched its three-day initial public offering (IPO) today— May 24. In this article, we analyse the company and its IPO. Company Profile – Aether Industries Ltd Established in 2013, Aether Industries Ltd (AIL) is one of the fastest-growing […] Written by Cherian Varghese May 24, 2022May 24, 2022
Is Elon Musk’s Acquisition of Twitter a Mistake? Twitter has been all over the news lately. It’s a widely popular platform for political leaders to address citizens and celebrities to update their fans. Twitter has even become the common man’s public grievance centre. You can simply share anything under the sun (well, sort of). A Tweet can start worldwide movements or stir up […] Written by Anand P M May 23, 2022May 23, 2022
