In the concall hosted by Mr Sumant Kathpalia, MD & CEO of IndusInd Bank, stated that the recent allegations against the bank regarding the evergreening of loans in its MFI subsidiary (Bharat Financial Inclusion Limited – BFIL) and the disbursem

Divis Lab’s Q2FY22 growth was majorly driven by Custom synthesis segment and Nutraceuticals segment. The overall revenue growth was a robust 40 YoY to Rs. 20bn in 1HFY22, while for the same time period, Generic API segment suffered by declining to

Nifty F&O action for November 11 expiry shows 17,900 will act as key support now. Nifty 50 re-claimed the 18,000 mark on Monday after a gap of 12 days. On November 08 Nifty 50 saw a gap up opening, however, it soon fell into negative

On Monday, the benchmark index Nifty has marked the low of 17836.10 and thereafter recovered nearly 250 points. The index settled above the 18000 mark. The price action has formed a bullish candle with a long lower shadow. The long lower shadow

Hyderabad-headquartered Aurobindo Pharma came up with its financials for the quarter ended September 30 with both revenues and net profit shrinking year-on-year even after factoring out the impact of a key business disposal. The company’s consol

At the start of the week Indian equity market closed in the green mark. BSE OIL & GAS Index is the top gainer whereas, BSE Private Banks Index is the top loser in Monday’s trade. After Diwali, the week started with the green mark. In today�

Biscuit maker Britannia Industries reported a higher-than-expected decline in net profit for the quarter ended September 30 as costlier inputs weighed on its earnings. Consolidated net profit declined 23 to Rs 384 crore in the second quarter from

AB Capital, Birlasoft and Schneider Electric Infrastructure have witnessed volume burst in the last 75-minutes of the trade. As the saying goes, the first and the last hour of each trading session is the most important and active i

Nifty PSE has outperformed Nifty 50 in every period in the last one year. The last couple of weeks have not been very kind to the equity market especially the frontline equity indices. Nevertheless, PSU stocks and indices have been outperforming t

The markets rallied on Monday with BSE Sensex gaining by 477 points. The BSE Midcap index outperformed the BSE Sensex while the BSE Smallcap index performed in line with the frontline indices. Several stocks managed to outperform the mar

On Monday, the benchmark indices started the session with a gap down opening but ended on a positive note supported by the power, metal, oil & gas, IT and PSU banking stocks. At close, the Sensex was up 477.99 points or 0.80 at 60,545.61, and

While S&P BSE smallcap index is 55 up in 2021, the top holdings of Akash Bhanshali had outperformed the Sensex with huge returns of above 100 from his two smallcap picks. With an astronomical return of 122 from