Market Updates - Angel One

Meta, as it has been called, is spending substantially on its future “metaverse” project, although advertising revenue accounts for virtually all of its revenue for the time being. So when it reported dramatically increased expenses but a lackluster sales projection late Wednesday, investors were alarmed — and the business once known as Facebook’s value was …

Recently, Amazon came out with quarterly results and the promising number pushed its shares price higher by a whopping 17%. This soared the founder Jeff Bezos’ wealth. If the stock price rises by the same percentage again, it would be its biggest percentage gain since 2009 and give Jeff Bezos’ wealth a boost of $20 …

India drastically slashed its asset sale target, which raised several questions regarding how much it is planning to generate from the IPO of LIC. This announcement was recently made during the budget session of 2022. Are you interested in knowing more about this topic? Read on. Lowered Divestment Estimates On Tuesday, i.e., 1 February 2022, …

Omni-channel payment platform AGS Transact Technologies has made a flat debut on the stock market. Shares of the company listed at Rs. 176 on the BSE while the issue price was set at Rs. 175 a share. AGS Transact shares listed at the NSE at Rs. 175 per share. Experts predicted a flat listing considering …

Zee Entertainment published its Q3 earnings report on 2 January 2022. The company witnessed a 25% YoY decline in consolidated net profit as per the report. As a result, its consolidated PAT stood at Rs. 299 crores for the quarter ended 31 December 2021. During FY 2020-21, Zee Entertainment had posted a net profit of …

On Tuesday, 1 February 2022, Tech Mahindra reported a rise in consolidated net profit by 4%, amounting to Rs. 1,368 crores during Q3 ended December 2021. The net profit was Rs. 1,309 crores during the same time back in 2020. Scroll through this blog to get an extensive overview of Tech Mahindra! What About Tech …

HDFC’s Q3 results are out, and it looks like the company has beaten market estimates for its net profit. Net profit increased by around 11% year-on-year, standing at Rs. 3,261 crores. Moreover, reduced tax expenses helped this company’s bottom line. The tax expenses came at Rs. 787.5 crores for the December quarter as compared with …

Leading FMCG brand Dabur India has accomplished a net profit of Rs. 504.35 crores during quarter 3, ended in December 2021 ─ a 2.19% rise from the preceding year. During the October-December quarter of 2020, this company’s net profit amounted to Rs. 493.50 crores. Read through to get a comprehensive overview of Dabur! What About …

During 3rd quarter, DLF Ltd flourished with Rs. 381.50 crores net profit. Its Q3 ended on December, marking increased demand in the housing sector. Stay in this blog to know more about this entity! How Much Revenue Did DLF Generate? In Q3 ended December 2020, DLF has made Rs. 450.10 crores profit amidst lockdowns. This …

The Budget 2022, which was presented in the Parliament, brought about various changes in the tax slabs, which included a hike in the standard deduction and the exemption limit. While none of these was mentioned in the budget speech, the Finance Minister got something else instead. Honourable FM Nirmala Sitharaman said that the government will …