Clipped from: https://www.thehindubusinessline.com/money-and-banking/fino-payments-bank-q2-net-profit-up-745/article37479212.ece Fino Payments Bank reported a 74.5 per cent increase in its net profit for the second quarter of the fiscal at Rs 7.89
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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
Demand recovery at home and abroad, price uptick may prop Tata Steel stock | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/demand-recovery-at-home-and-abroad-price-uptick-may-prop-tata-steel-stock-121111201776_1.html The street will also keep an eye on pace of debt reduction and cash flows Though Tata Steel’s Q2 results, restated to reflect
Paytm’s mega $2.5-billion IPO to mint 350 new millionaires in India | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/paytm-s-mega-2-5-billion-ipo-to-mint-350-new-millionaires-in-india-121111201080_1.html About 350 current and ex-employees will each have a net worth of at least Rs 1 crore after Paytm’s $2.5 billion IPO, a
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
paytm ipo: Where does BlackRock see value in India’s biggest IPO? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/ipos/fpos/where-blackrock-sees-value-in-indias-biggest-ipo-andy-mukherjee/articleshow/87533416.cmsSynopsis India’s technology landscape has evolved so rapidly since 2016 that most businesses nowadays pay next to nothing for receiving customer payments over smartphones.
168% up from a 52-week low! Should you invest in this public sector bank post Q2 results? – BusinessToday
Clipped from: https://www.businesstoday.in/markets/company-stock/story/168-up-from-a-52-week-low-should-you-invest-in-this-public-sector-bank-post-q2-results-311394-2021-11-05 State Bank of India (SBI), which is hovering at a record high, has amazed investors with its outperformance on Dalal Street in the
Strong order book, improving execution bodes well for L&T – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/indl-goods/svs/construction/strong-order-book-improving-execution-bodes-well-for-lt/articleshow/87526369.cmsSynopsis The company’s order backlog increased by 11% year-on-year to Rs 3.3 lakh crore at the end of September 2021, the highest growth in
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.
42 firms selected under PLI scheme for white goods – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/durables/42-firms-selected-under-pli-scheme-for-white-goods/articleshow/87511306.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Ministry of Commerce & Industry said the selected applicants include 26 for air conditioner manufacturing with committed investments of Rs 3,898 crores &
Unlock Trade stock ideas: Hotels vs airlines: Which is the best way to bet on unlock stocks? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/hotels-vs-airlines-which-is-the-best-way-to-bet-on-unlock-stocks/articleshow/87504040.cms SynopsisAccording to the latest earnings estimates of Bloomberg’s pool of analysts, earnings per share (EPS) of hospitality sector leader Indian Hotels Company Limited
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
Covid shrinks India’s restaurant industry by half: NRAI report – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/restaurant-industry-contracts-53-due-to-pandemic-nrai-report/article37164765.ece It was estimated to be worth ₹2,00,762 crore As per the report, in FY21, the restaurant industry declined by 53 per cent and
