Dr Reddy’s Laboratories Ltd, one of the largest homegrown drugmakers, came up with strong results for the second quarter with double-digit growth in both revenue as well as profit. Dr Reddy’s consolidated net profit rose 30.2 to Rs 992 crore

Domestic benchmark indices ended the week on a weak note for the third consecutive day on October 29, 2021. The Indian markets closed in red for the third day in a row on Friday, dragged by banking and financial services shares. Index heavyweight

If you had invested Rs 2,000 every month then by now your worth of investment would have been approximately Rs 3,80,000. An individual can create huge wealth by investing via a Systematic Investment Plan (SIP). Mutual fund offers an investor two i

In traders’ market, the domestic HRC prices slipped by 0.5 WoW to INR70,670/t on average while prices in the secondary market dropped Rs. 2,000/t last week on account of festive season but didn’t really cheer the buyer as the prices were still h

ADSEZ's operating performance in 2QFY22 led the EBITDA (ex-forex) to grow 19 YoY to Rs. 22.1bn. Port EBITDA grew +22 YoY with Port margins at 70 vs 70.7 YoY and 70.6 QoQ. Port EBITDA/T stood at Rs. 308 vs. Rs. 306 YoY and INR311 QoQ. In 2QFY22,

IndusInd Bank report Net Profit 72 YoY increase in net profits with a jump from Rs.647 crore in Q2 FY21 to Rs.1,113 crore in Q2 FY22. The overall collection efficiency of IndusInd Bank for September 2021 was 98 which is a 200bps improvement over th

In Q2 FY22, SBI Cards saw an increase in loan growth by 10 QoQ and the gross cards added increased to 950k- its highest levels. Spending seems to be growing too and slowly reaching the pre-Covid levels. EMI loans grew by 10 QoQ and 32 YoY. Gross n

This stock has gained over 190 meets the trend template of Mark Minervini. The stock of Canara Bank has formed a long-legged doji candlestick pattern on the last week of March 2020 and thereafter marked the sequence of higher tops and h

One97 Communications founded in 2002, is the parent company of Paytm. This company provides all sorts of online services like bill payments, top ups, data processing, games, hotel bookings etc. The losses in FY21 have narrowed to Rs.17 billion co

Orient Cement’s sales volumes grew by 25 YoY to 1.28 million tons despite a heavy monsoon this year along with high raw material costs. In Q2 FY22 the sales in the key markets was as follows- Maharashtra/Gujarat:54, South:37 and MP/Chhattisgarh:

The consolidated Net profit for the quarter increased by 49.2 in Q2 FY22. The revenue from operation increased by 18 from Rs.857 crore in Q2 FY21 to Rs.1,012 crore in Q2 FY22. The company displayed its highest utilization of 85.8, till date. The N

The BSE Sensex is down by nearly 4 now from its recent highs. As the frontline index slipped, we saw several stocks buck the trend and inch higher. The positive gains locked by several counters from BSE 500 and BSE Smallcap space indicate