The news of JP Morgan raising its target price on Zomato to Rs 340 per share is indeed significant. It’s important to assess Zomato’s recent performance and future growth prospects […]
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Equity Fund Inflows Decline 9% to Rs 37,113 Crore in July
Equity Fund Inflows: There has been a 9% decrease in inflows into equity mutual funds, totaling Rs 37,113 crore in July. This decline suggests a reduction in new investments or […]
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Bharti Airtel A Strong Performance
Bharti Airtel A Strong Performance: Bharti Airtel reported a net profit of ₹4,160 crore for Q1 FY25, marking a 158% increase. Revenue rose 3% to ₹38,506 crore, slightly below forecasts. […]
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India Targets Firms Over Financial Frauds 400 Chinese Companies
MCA to Strike Off Chinese Companies: The Ministry of Corporate Affairs (MCA) in India is set to remove around 400 Chinese companies from the register in the next three months. […]
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Tata Steel Q1: Net Profit Rises 51% to Rs 960 Crore.
Net Profit Rises 51% to Rs 960 Crore, Misses Estimates; Recovery in Netherlands Offset by India and UK Challenges. Net Profit: Increased by 51% to Rs 960 crore compared to […]
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SJVN Stock Soars by 11% After Securing Major Project in Mizoram
SJVN Limited experienced a remarkable 11% surge in its stock price following the announcement of securing a massive Rs 13,000 crore pumped storage project in Mizoram. This significant achievement highlights […]
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SJVN Stock Soars by 11% After Securing Major Project in Mizoram
SJVN Limited experienced a remarkable 11% surge in its stock price following the announcement of securing a massive Rs 13,000 crore pumped storage project in Mizoram. This significant achievement highlights […]
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Government Justifies Increase in Long-Term Capital Gains Tax
The Revenue Secretary of India, Sanjay Malhotra, defended the recent budget proposal to raise the long-term capital gains (LTCG) tax on listed equities and remove indexation benefits for real estate. […]
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Budget 2024 : Finance Minister announced for Indian stock market.
STT Rate on Derivative Trade The STT rate on derivative trades has been increased in the Union Budget 2024. Before Budget 2024 Futures: 0.0125% on the sell side Options: 0.125% […]
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ITC Shares Skyrocket, Nifty FMCG Gains on Tobacco Tax Relief
The Indian stock market witnessed a surge today as ITC Limited, a leading conglomerate with a significant presence in the tobacco industry, saw its share price climb by over 5%. […]
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Finance Minister will be presenting the Union Budget 2024-25.
Finance Minister will be presenting the Union Budget 2024-25. It will be a record seventh consecutive Budget presentation for Ms. Sitharaman. While a comprehensive analysis would be extensive, here are […]
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The Nifty50 index also opened lower, falling by 147 points .
Market Open The Indian benchmark indices opened lower on Monday. The Sensex opened at 80,141 points, a decrease of 463 points from the previous close. The Nifty50 index also opened […]
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Adani Wilmar Cooks Up $670 Million Stake Sale
Indian billionaire Gautam Adani and Singapore-based Wilmar International are indeed exploring the sale of a minority stake in their joint venture Adani Wilmar. This is to comply with shareholding regulations […]
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Bajaj Auto is set to report its Q1 result on Tuesday, July 16th, 2024.
Profit growth: Net profit is expected to show a significant increase, with estimates ranging from 17% to 19% YoY . Margin improvement: Potentially lower input costs could lead to an […]
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SEBI is investigating Quant Mutual Fund for possible front-running.
Quant Mutual Fund is facing a Securities and Exchange Board of India (SEBI) probe into possible front-running,but they are clarifying recent actions. SEBI data collection: There were reports of SEBI […]