Market News Top 10 News IOCL Reports a Net Profit of Rs 13,750Cr in Q1- Top Indian Market Updates Here are some of the major updates that could move the markets on Monday: IOCL Q1 Results: Net profit at ₹13,750 crore Indian Oil Corp Ltd (IOCL) reported a standalone net profit of ₹13,750 crore for the quarter ended June (Q1 FY24. The company posted a net loss of ₹1,992 crore in the same quarter […] Written by Ben Benny July 28, 2023July 31, 2023
Market News Top 10 News Torrent Power’s Net Profit at Rs 484Cr in Q4 – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Torrent Power Q4 Results: Net profit at Rs 484 crore Torrent Power reported a consolidated net profit of Rs 483.93 crore for the quarter ended March (Q4 FY23). The company had posted a net loss of Rs 487 crore last year. However, […] Written by Ben Benny May 29, 2023May 30, 2023
Market News Top 10 News Adani Promoters Prepay Loans Worth ₹8,000Cr – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Adani promoters prepay to ₹8,000Cr loans to release pledged shares Promoters of Adani Group will pre-pay loans worth $1,114 million for the release of pledged shares ahead of maturity in September 2024. The promoter’s early payment will help release 168.27 million shares […] Written by Cherian Varghese February 6, 2023February 6, 2023
Market News Top 10 News Bharti Airtel Plans ₹27,000-28,000Cr Capex – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Bharti Airtel plans ₹27,000-28,000 crore capex for telecom network Bharti Airtel plans to invest ₹27,000-28,000 crore in its telecom network with a focus on 5G rollout. While the company is planning to increase capital expenditure (capex) by 10-15%, it has no plans […] Written by Cherian Varghese December 28, 2022December 28, 2022
Market News Top 10 News Bharti Airtel’s Unique 5G Users Cross 10 Lakh Mark – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Bharti Airtel crosses 10 lakh user mark on 5G network Bharti Airtel has crossed 10 lakh unique 5G users on its network, less than 30 days after commercially rolling out 5G services in eight cities. The telecom operator has rolled out 5G […] Written by Cherian Varghese November 2, 2022November 2, 2022
Market News Top 10 News Asian Paints Posts 31% YoY Rise in Net Profit in Q2 – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Asian Paints Q2 Results: Net profit rises 31% YoY to ₹783 crore Asian Paints Ltd reported a 31.3% YoY increase in consolidated net profit to ₹782.71 crore for the quarter ended Sept (Q2 FY23). Its revenue from operations rose 19% YoY to […] Written by Cherian Varghese October 20, 2022October 20, 2022
Market News Top 10 News SpiceJet to Send 80 Pilots on Leave Without Pay – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: SpiceJet to send 80 pilots on leave without pay SpiceJet Ltd will send around 80 pilots on Leave Without Pay (LWP) as the airline finds itself with excess pilots. Around 40 pilots from the Boeing 737 fleet and 40 from the Q400 […] Written by Cherian Varghese September 20, 2022September 20, 2022
Market News Top 10 News Services PMI Falls to 3 Month Low in December – Top Indian Market News Services PMI falls to 3 month low in December India’s services sector activity fell to a three-month low in December but remained in the expansion zone. The IHS Markit India Services Purchasing Managers’ Index (PMI) stood at 55.5 in December 2021, compared to 58.1 in November. PMI is a month-on-month calculation, and a value above […] Written by marketfeed Team January 5, 2022April 21, 2022
Market News Top 10 News GAIL Reports 19% QoQ Fall in Net Profit in Q1 – Top Indian Market News GAIL Q1 Results: Net profit falls 19% QoQ to Rs 1,530 crore GAIL (India) Ltd reported a 19.8% quarter-on-quarter (QoQ) decline in net profit to Rs 1529.9 crore for the quarter ended June (Q1 FY22). Net profit has jumped ~500% when compared to the corresponding period last year. Its revenue from operations rose 11.8% QoQ […] Written by marketfeed Team August 5, 2021April 21, 2022
Editorial Why Did Adani Stocks Crash Yesterday? A Deep Dive As most of you are aware, all Adani Group stocks have given its investors multi-fold returns over the past year. The shares of Adani Enterprises and Adani Transmission had surged by more than 900% and 600%, respectively, in just one year! Adani Power and Adani Green Energy stocks had rallied by 260% and 250%, respectively. […] Written by marketfeed Team June 15, 2021April 21, 2022
Market News Top 10 News Tata Consumer Reports Net Profit of Rs 133 crore in Q4 – Top Indian Market News Tata Consumer Q4 Results: Net profit at Rs 133.34 crore Tata Consumer Products Ltd reported a net profit of Rs 133.34 crore for the quarter ended March (Q4). It had posted a net loss of Rs 50 crore in the corresponding period last year (Q4 FY20). On a quarterly basis, net profit has declined by […] Written by marketfeed Team May 6, 2021April 21, 2022
Market News Top 10 News Adani Transmission to Acquire Warora-Kurnool Transmission For Rs 3,370 crore – Top Indian Market News Adani Transmission to acquire Warora-Kurnool Transmission for Rs 3,370 crore Adani Transmission Ltd (ATL) has signed an agreement with Essel Infraprojects for the acquisition of Warora-Kurnool Transmission Limited (WKTL). ATL said the acquisition is valued at Rs 3,370 crore. With this acquisition, the cumulative network of ATL will reach 17,200 circuit kilometers (ckt km). Out […] Written by marketfeed Team March 27, 2021April 21, 2022
