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26th Jul 2022
Just a day after Infosys Ltd announced its June 2022 quarterly results, there have been some marginal price downgrades. Most of them are still holding their calls and there has been no change in the existing calls. But here is a quick summary of what
Ujjivan Small Finance Bank, Hatsun and Aavas Financiers have witnessed volume burst in the last 75 minutes of the trade. As the saying goes, the first, as well as the last hour of each trading session, is the most important and active in
Many years back, America saw the Gold Rush where thousands of persons tried to prospect for gold in the Americas. Not everyone succeeded but it became synonymous with one of the biggest commodity driven boom in the history of financial markets. Now a
Domestic equity bourses fell in Tuesday's trade incurring losses in financial, IT and FMCG stocks. Global markets also traded in a mixed manner ahead of the key rate decision by the Fed. Indian equity market on Tuesday extended its fall for the se
With concerns over the burgeoning current account deficit, the finance minister, Nirmala Sitharaman, has stepped in to assure the markets in general that the government was closely and carefully monitoring the current account deficit (CAD) situation.
On 25th July 2022, Tech Mahindra, a specialist in digital transformation, consulting, and business re-engineering services announced its quarterly results for the first quarter of FY2023. Q1FY23 Key Highlights: In USD: - The company reported
On 25th July 2022, Tata Steel announced its quarterly results for the first quarter of FY2023. Q1FY23 Key Highlights: - Tata Steel reported its consolidated EBITDA at Rs. 15,047 crores, seeing a decline of 7.43. On a QoQ basis, EBITDA margin i
India’s richest man Gautam Adani, who recently upstaged Bill Gates to become the fourth-richest person in the world, is set to invest as much as $70 billion in the green energy transition and infrastructure sector. These investments will help in
Looking for stocks that could deliver good returns by July 27? Here are the High Momentum stocks that one must watch for tomorrow selected on a three-factor model. Many participants see a stock opening with a gap-up a
In the entire value chain of Pizzas, what is the most important link? Is it the preparation and quality control of the Pizzas, or is it the delivery and logistics of Pizzas. Obviously, it has hard to choose one of the options, but that is the big fig
India’s only listed food delivery app, Zomato, has been having a tough time on the bourses. From a high of Rs150, the stock has cracked down to Rs44 levels. Before we get into the latest crash, let us look at the three phases in which the Zomato se
On 25th July 2022, Axis Bank announced its quarterly results for the first quarter of FY2023. Q1FY23 Key Highlights: - The Bank’s Net Interest Income (NII) grew by 21 YoY and 6 QoQ to Rs. 9,384 crores. Net interest margin (NIM) for Q1
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