Editorial Federal Bank’s Stellar Q2 Performance: Analysis Federal Bank declared its financial results for the July-September quarter (Q2 FY22) on October 22. There was high demand for the stock in Dalal Street on the same day and surged ~8%. During the same period, ace investor Rakesh Jhunjhunwala added 2 crore shares of Federal Bank (~1% of the total equity share capital) to […] Written by marketfeed Team November 8, 2021April 21, 2022
Editorial Reliance Q2 Results: A Quick & Easy Analysis India’s largest company by market capitalization, Reliance Industries Ltd (RIL), has declared its second-quarter results for FY22. The conglomerate reported total revenue from operations of Rs 1,74,104 crore, an increase of 50% year-on-year (YoY). RIL’s net profit increased by a massive 43% YoY (or 11% QoQ) to Rs 13,680 crore. The figures have beaten all […] Written by marketfeed Team October 24, 2021April 21, 2022
Editorial Varun Beverages: Q2 2021 Result Analysis Varun Beverages is the company that bottles drinks on behalf of PEPSICO. Drinks like Pepsi, Tropicana, Mountain Dew, 7Up, Lipton Ice Tea, Aquafina, or Gatorade are names we have all heard. Varun Beverages has come out with a stellar performance for the April-June quarter of 2021, right after the second wave of COVID-19 retracted. [The […] Written by marketfeed Team August 13, 2021April 21, 2022
Market News Top 10 News TCS Q3 Net Profit Rises 7% YoY – Top Indian Market News TCS Q3 Results: Net profit rises 7% YoY to Rs 8,701 crore Tata Consultancy Services (TCS) reported a 7.18% YoY increase in net profit to Rs 8,701 crore for the quarter ended December (Q3). The IT major had posted a profit of Rs 8,118 crore in Q3 of the previous financial year. Its revenue rose […] Written by marketfeed Team January 8, 2021April 21, 2022
Market News Top 10 News Tata Steel’s Net Profit Falls 60% YoY – Top Indian Market News Tata Steel Q2 Results: Net Profit falls 60% YoY to Rs 1,635 crore Tata Steel Ltd. reported a 60% year-on-year (YoY) decline in consolidated net profit to Rs 1,635 crore, for the quarter ended September (Q2). The company’s revenue increased by 7% YoY to Rs 37,154 crore, during the same period. Tata Steel has stated […] Written by marketfeed Team November 13, 2020April 21, 2022
Market News Top 10 News Finance Ministry Announces New Stimulus Package – Top Indian Market News Finance Ministry unveils 12 new stimulus measures through Atmanirbhar Bharat 3.0 The Finance Ministry has announced a series of new measures to provide a further boost to India’s Covid-hit economy. The size of the stimulus package has been estimated at Rs 2.65 lakh crore. The Atmanirbhar Bharat 3.0 has focussed on sectors such as real […] Written by marketfeed Team November 12, 2020April 21, 2022
Market News Top 10 News Cabinet Approves PLI Scheme Worth Rs 2 lakh crore for 10 Sectors – Top Indian Market News Cabinet approves PLI scheme worth Rs 2 lakh crore for 10 sectors The Union Cabinet has approved Production Linked Incentive (PLI) scheme worth up to Rs 2 lakh crore for 10 key sectors, for the next 5 years. The scheme will provide a boost to India’s manufacturing capabilities and improve exports. The sectors that will […] Written by marketfeed Team November 11, 2020April 21, 2022
Market News Top 10 News Tata Power Reports 10% YoY Rise in Net Profit – Top Indian Market News Tata Power Q2 Results: Net Profit rises 10% YoY to Rs 371 crore Tata Power Ltd. reported a 10% year-on-year (YoY) increase in consolidated net profit to Rs 370.9 crore, for the quarter ended September (Q2). The company’s consolidated revenue increased by 15% YoY to Rs 8,413 crore, during the same period. Tata Power has […] Written by marketfeed Team November 10, 2020April 21, 2022
Market News Top 10 News Pfizer’s Covid-19 Vaccine 90% Effective in Phase 3 – Top Indian Market News Covid-19 vaccine 90% effective in Phase-3 trial: Pfizer Pfizer, the US-based pharmaceutical firm, has stated that its vaccine was 90% effective in preventing Covid-19 infections in ongoing Phase-3 trials. The vaccine candidate is jointly developed by Pfizer and BioNTech. Pfizer has also stated that it expects to supply up to 50 million vaccine doses globally […] Written by marketfeed Team November 9, 2020April 21, 2022
Market News Top 10 News Biocon Biologics Receives Rs 1,125 crore Capital Investment from Goldman Sachs – Top Indian Market News Biocon Biologics receives Rs 1,125 crore capital investment from Goldman Sachs Biocon Ltd. announced that its subsidiary, Biocon Biologics, has approved a capital injection of Rs 1,125 crore from Goldman Sachs. As per the agreement, Goldman Sachs will be issued Optionally Convertible Debentures at a post-money equity valuation of $3.94 billion (~Rs 26,633 crore). The […] Written by marketfeed Team November 7, 2020April 21, 2022
Market News Top 10 News Tata Consumer’s Net Profit Rises 31% YoY – Top Indian Market News Tata Consumer Q2 Results: Net Profit rises 31% YoY to Rs 273 crore Tata Consumer Products Ltd reported a 31.4% year-on-year (YoY) increase in net profit to Rs 273.18 crore, for the quarter ended September (Q2). The company’s revenue increased by 18.5% YoY to Rs 2,781.34 crore, during the same period. The FMCG firm has […] Written by marketfeed Team November 6, 2020April 21, 2022
Market News Top 10 News RBI Announces Co-Lending Scheme for Banks, NBFCs – Top Indian Market News RBI announces co-lending scheme for banks, NBFCs The Reserve Bank of India has announced a Co-Lending Model (CLM) scheme for banks and non-banking finance companies (NBFCs). Under this scheme, banks can provide loans along with NBFCs to priority sector borrowers, through a prior agreement. A specified portion of loans will be provided to specific sectors […] Written by marketfeed Team November 5, 2020April 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
