Clipped from: https://economictimes.indiatimes.com/markets/ipos/fpos/jhunjhunwala-backed-metro-brands-ipo-opens-on-dec-10-check-price-band-and-other-details/articleshow/88134869.cmsSynopsis Big Bull’s spouse Rekha Jhunjhunwala is the third largest shareholder in the company, owning a 14.73 per cent stake. Metro Brands is the
Category: Companies to watch for
Paytm founder Vijay Shekhar Sharma compares himself to Elon Musk after historic IPO flop – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/paytm-founder-vijay-shekhar-sharma-compares-himself-to-elon-musk-after-historic-ipo-flop/articleshow/87846546.cmsSynopsis Vijay Shekhar Sharma held a four-hour town hall to rally employees who had watched the company’s stock plummet 27% on Thursday, according to
Flipkart to enter healthcare sector, to acquire majority stake in SastaSundar.com – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/healthcare/biotech/healthcare/flipkart-to-enter-healthcare-sector-to-acquire-majority-stake-in-sastasundar-com/articleshow/87797874.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis As part of this development, the Group has signed definitive agreements to acquire a majority share in Sastasundar Marketplace Limited which owns and
Grammarly raises fresh capital fund at a valuation of $13 billion | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/grammarly-raises-fresh-capital-fund-at-a-valuation-of-13-billion-121111800163_1.html Grammarly uses machine learning to assist not only with basic writing, but also spell-check, grammar, tone of language and context. Grammarly uses machine
PB Fintech: No insurance against unfavourable risk reward at current levels – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/news-analysis/pb-fintech-no-insurance-against-unfavorable-risk-reward-at-current-levels/article37498967.ece?homepage=true Even with optimistic growth assumptions, stock now trades at a steep 20 times FY25 sales PB Fintech, the company operating online distribution platforms
Stellar debut: Policybazaar now in top 100 companies – The Financial Express
Clipped from: https://www.financialexpress.com/market/stellar-debut-policybazaar-now-in-top-100-companies/2369912/ With a market capitalisation of Rs 54,070.33 crore, the fintech player is now the 94th biggest company in the listed space, ahead of
Customer service and claims experience will be key focus areas: PB Fintech – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/customer-service-claims-experience-will-be-key-focus-areas-pb-fintech/article37507579.ece?homepage=true ‘We are in no hurry to be profitable’ PB Fintech — the parent of online insurance and credit comparison platforms Policybazaar and Paisabazaar
Hindalco net up eight times to ₹3,417 crore in Q2 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/hindalco-net-up-eight-times-to-3417-crore-in-q2/article37457041.ece Lower base, sharp increase in realisation boost numbers Hindalco Industries, an Aditya Birla Group company, has reported that its net profit jumped over
A star is born: Nykaa’s stellar IPO underscores the promise of the start-up economy – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/a-star-is-born-nykaas-stellar-ipo-underscores-the-promise-of-the-start-up-economy/2367423/ We need many more entrepreneurs like Falguni Nayar It would take several years of sustained performance to bring down the valuations. However, that
Aditya Birla Fashion and Retail rating – Buy: Margin performance came as a surprise – The Financial Express
Clipped from: https://www.financialexpress.com/market/aditya-birla-fashion-and-retail-rating-buy-margin-performance-came-as-a-surprise/2368174/ FY22/23 Ebitda up 12/6%; TP raised to Rs 337; recovery factored in, re-rating hinges on showing; ‘Buy’ retained Current valuations factor in recovery
State Bank of India rating – Buy: Results show fresh vigour in operations – The Financial Express
Clipped from: https://www.financialexpress.com/market/state-bank-of-india-rating-buy-results-show-fresh-vigour-in-operations/2368234/Management indicated that margins can remain stable in the range of 3.2-3.3%. Key observations on Q2FY22 earnings performance: Provisions of Rs 1.9 bn were
Tata is making more money per car than Maruti for the 1st time in a decade – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/auto/auto-news/tata-is-making-more-money-per-car-than-maruti-for-the-1st-time-in-a-decade/articleshow/87498083.cmsSynopsis Tata Motors’ operating profit per car rose to ₹45,810 in the second quarter, nearly double that of Maruti, data compiled by ETIG showed.
Hindalco to buy Ryker for Rs 323 crore enterprise value – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/indl-goods/svs/metals-mining/hindalco-to-buy-ryker-for-rs-323-crore-enterprise-value/articleshow/87508698.cmsSynopsis Hindalco Industries to pick up 100% equity stake in Ryker Base Pvt Ltd for an enterprise value of Rs 323 crore. Ryker is
Tata Motors can make a fast u-turn on JLR orders, India rebound – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/earnings/tata-motors-can-make-a-fast-u-turn-on-jlr-orders-india-rebound/articleshow/87476127.cms SynopsisTata Motors hasn’t exactly met Street expectations in the second quarter, but a gradual improvement in chip shortage at its UK subsidiary in
Tata Motors loss widens to ₹4,441 crore in Sept quarter – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/tata-motors-loss-widens-to-4441-crore-in-sept-quarter/article37290109.ece N Chandrasekaran, Chairman – The Hindu N Chandrasekaran, Chairman – The Hindu× Supply chain issues, commodity inflation impact margins Tata Motors’ consolidated loss
We remain optimistic on growth, says ICICI Lombard CEO – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/we-remain-optimistic-on-growth-says-icici-lombard-ceo/article37298335.ece?homepage=true No revision in TP motor rates is a concern With the merger of Bharti AXA’s non-life business complete, ICICI Lombard General Insurance is
Sit on the sidelines in IRCTC; bet on 4 PSU stocks instead: Chakri Lokapriya – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/sit-on-the-sidelines-in-irctc-bet-on-4-psu-stocks-instead-chakri-lokapriya/articleshow/87456562.cmsSECTIONSSit on the sidelines in IRCTC; bet on 4 PSU stocks instead: Chakri LokapriyaLast Updated: Nov 01, 2021, 12:29 PM ISTSynopsis “Platform companies revenue
L&T Finance Holdings has better times ahead: Reasons why it is stock pick of the week – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/invest/lt-finance-holdings-has-better-times-ahead-reasons-why-it-is-stock-pick-of-the-week/articleshow/87394999.cms SynopsisDespite challenges, LTFH was able to achieve highest ever farm and 2-wheeler loan disbursements in the second quarter. LTFH was also able to
ICICI Bank Q1 preview: Net profit may nearly double YoY on lower provisions | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/icici-bank-q1-preview-net-profit-may-nearly-double-yoy-on-lower-provisions-121072300153_1.html ICICI Bank Q1 preview: Analysts, across-the-board, remain bullish on the lender’s bottom line figure and expect the profit after tax (PAT) to grow
Things should start normalising for Tata Motors H2 onwards: CFO – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/things-should-start-normalising-for-tata-motors-h2-onwards-cfo/articleshow/82828552.cmsSECTIONSThings should start normalising for Tata Motors H2 onwards: CFOLast Updated: May 21, 2021, 04:33 PM ISTSynopsis “Looking at volume alone in commercial vehicles
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