Market News Top 10 News Reliance, Ola Wins Support for Battery Manufacturing – Top Indian Market News Reliance, Ola selected for incentives under PLI scheme for battery manufacturing Reliance New Energy Solar, Ola Electric Mobility, Hyundai, and Rajesh Exports have been selected to receive incentives under a PLI scheme for manufacturing Advanced Chemistry Cell (ACC) Battery Storage in India. Hyundai and Ola Electric have been awarded support for setting up 20 Gigawatt […] Written by marketfeed Team March 24, 2022April 21, 2022
Editorial Why Did Motherson Sumi’s Shares Fall 22% Last Friday? The shares of Motherson Sumi Systems Ltd fell up to 22% to Rs 182.85 on the NSE last Friday (January 14). Investors went into panic mode as most were unaware of the developments happening at the company. Motherson Sumi Systems Ltd (MSSL) is a leading manufacturer of automotive components. It produces and sells wiring harnesses, […] Written by marketfeed Team January 19, 2022April 21, 2022
Market News Top 10 News Kotak Mahindra Bank’s Net Profit Falls 7% YoY in Q2 – Top Indian Market News Kotak Mahindra Bank Q2 Results: Net profit falls 7% YoY to Rs 2,032 crore Kotak Mahindra Bank reported a 7% YoY decline in net profit to Rs 2,032 crore for the quarter ended September (Q2 FY22). Net profit rose 24% compared to the previous quarter. Its net interest income (NII) rose 3% YoY to Rs […] Written by marketfeed Team October 26, 2021April 21, 2022
Market News Top 10 News Tata Wins Bid to Buy Air India For Rs 18,000 crore – Top Indian Market News Tata wins bid to buy Air India for Rs 18,000 crore The Centre has declared Tata Group as the winning bidder for debt-laden national carrier Air India. Tata will pay Rs 18,000 crore to acquire Air India from the government, of which 15% would go to the Centre and the rest will go towards clearing […] Written by marketfeed Team October 8, 2021April 21, 2022
Market News Top 10 News Coal India Reports 52% YoY Rise in Net Profit in Q1 – Top Indian Market News Coal India Q1 Results: Net profit rises 52% YoY to Rs 3,169 crore Coal India Ltd reported a 52.53% YoY increase in consolidated net profit to Rs 3,169.95 crore for the quarter ended June (Q1 FY22). Net profit declined by 30.89% when compared to the previous quarter. Its revenue from operations rose 36.76% YoY to […] Written by marketfeed Team August 10, 2021April 21, 2022
Market News Top 10 News PVR Reports Net Loss of Rs 289 crore in Q4 – Top Indian Market News PVR Q4 Results: Net loss at Rs 289 crore PVR Limited reported a consolidated net loss of Rs 289.12 crore for the quarter ended March (Q4 FY21). It had posted a net loss of Rs 74.49 crore in the corresponding quarter last year (Q4 FY20). The multiplex operator’s total income declined by 60.2% YoY (or […] Written by marketfeed Team June 2, 2021April 21, 2022
Market News Top 10 News Retail Inflation Eases to 4.06% in January; Industry Output Grows 1% in December – Top Indian Market News Retail inflation eases to 4.06% in January; industry output grows 1% in December India’s retail inflation, calculated by the Consumer Price Index (CPI), eased to 4.06% in January 2021, primarily due to a decline in vegetable prices. The CPI stood at 4.59% in December 2020 and 7.6% in January 2020. Meanwhile, the Index of Industrial […] Written by marketfeed Team February 12, 2021April 21, 2022
Market News Top 10 News Total Acquires 20% Stake in Adani Green Energy – Top Indian Market News Total acquires 20% stake in Adani Green Energy French oil and energy major Total SE announced the acquisition of a 20% stake in Adani Green Energy Limited (AGEL) from the Adani Group. The company will also buy a 50% stake in a portfolio of solar assets operated by AEGL. Total said it would pay $2.5 […] Written by marketfeed Team January 18, 2021April 21, 2022
Editorial Auto Ancillaries Industry in India: An Analysis Auto parts/components manufacturers are an essential industry that supports the prominent automobile firms in our country. These companies have posted a significant increase in their revenue growth over the past years, and always seem to complement the performance of auto stocks. In this article, find a detailed analysis of major auto parts manufacturers in India. Written by marketfeed Team January 11, 2021April 21, 2022
