GAIL’s quarterly results for the period October to December is out now. The company has made stellar gains in net earnings amid a good quarter in LPG and natural gas business. To know details about this story, read on! Key Highlights of GAIL’s Q3 Results GAIL’s net profit in the October-December quarter rose from Rs. …
Tata Group’s Titan Company Limited reported a 135.6% growth in standalone net profits for the third quarter of FY 21-22 from the previous fiscal. Its profit has grown to Rs. 987 crores considerably higher than analysts’ estimates at Rs. 847 crores. The Titan Company witnessed strong growth clocking 30.6% higher revenue from operations Year-on-Year (YoY) …
The combined loss of digital payments business Paytm operator One 97 Communications increased to Rs 778.5 crore in the quarter ended December 2021, from Rs 535.5 crore the year before, despite considerable growth in the topline. According to the company’s BSE report, the loss for the September 2021 quarter was Rs 473.5 crore. The company’s …
One of India 12 nationalised banks, Bank of Baroda, has registered a net profit of 107% for the December quarter. This result comes on the back of reduced provisions and increased net interest income. Resultantly, the net profit for this third quarter of FY 2022 stands at Rs. 2,197.03 crores compared to that of Rs. …
In a year that saw the Covid-19 pandemic impact every sector, the stock markets have not just stood strong but offered impressive returns. As the financial year 2020-21 came to an end on March 31, the benchmark index Sensex posted the largest ever gain of 68 per cent in 11 years. In FY2010, the Sensex …
The economy had faced quite a bit of distraught over the past year. The common man had naturally considered that the valuation of companies and the fundraising campaigns would naturally decline and take a hit. However, to everyone’s surprise, India Inc on BSE has raised more funds in 2020 than ever before. All you need to know about …
Will the Nifty50 continue its run and touch 15,500 levels? That’s the question on analysts’ minds as they keep a close watch on the benchmark index in the coming weeks. The Indian markets have seen historic peaks in recent times, first with the BSE Sensex touching 50k levels and then last week, getting to 51,000 …
An Overview The Indian stock markets saw positive action owing to the fact that equity benchmarks saw themselves account for the best one-day gains in over a month. This rise in value is owed to the boost provided by India’s biggest lenders. If we examine the S&P Bombay Stock Exchange (or BSE’s) Sensex, it saw …
The sensex jumped over 600 points in early trade on Thursday to breach the 50k mark after nearly a month. Sensex had last touched 50k on April 1st, followed by a steady slide triggered by a devastating second wave of coronavirus across India that has seen daily cases cross the 3.8 Lakhs mark. The benchmark …
The year 2021 was a good one for the primary market, as it was supported by a robust secondary market environment. However, the recent correction has affected sentiment largely. The Nifty50 index corrected over 11 pc from its record high in October 2021. The correction was warranted due to the excessive run that the market …
