Granules India has announced impressive financial performance for the first quarter ended June 30, 2024. Key Highlights: Net Profit: A significant 181% year-on-year surge to Rs 1,346 crore. Revenue: Increased by 20% to Rs 11,799 crore compared to the same period last year. EBITDA Margin: Improved by 600 basis points […]
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Understanding the 2021 Market Rally To comprehend the current market sentiment, it’s crucial to revisit the key factors driving the 2021 rally: Massive stimulus packages: Governments worldwide injected unprecedented amounts of money into economies to combat the COVID-19 pandemic. Low-interest rate environment: Central banks adopted accommodative monetary policies to stimulate […]
Market seems the market is facing some downward pressure. The Indian stock market seems to be experiencing a significant decline today, July 19th, 2024. Sensex: Down 500 points, currently near its day’s low. Nifty: Trading near 24,600. Broader Market: Reports indicate a broad-based selling, meaning most sectors and stocks are […]
The Indian stock markets performed well on Monday, July 15th, 2024, despite weak global trends. The Nifty 50 index, which tracks the performance of the 50 largest companies listed on the National Stock Exchange of India, ended near 24,600, after reaching an intraday high of 24,635. This is close to […]