Market News Top 10 News Manufacturing PMI Slips to 55.5 in October – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Manufacturing PMI falls to 8-month low of 55.5 in October India’s manufacturing activity slipped to the lowest level in eight months in October 2023. The S&P Global Manufacturing Purchasing Managers’ Index (PMI) fell to 55.5 in October, compared to 57.5 in September. […] Written by Cherian Varghese November 1, 2023November 1, 2023
Market News Top 10 News IndiGo’s Net Loss Widens to ₹1,583Cr in Q2 – Top Indian Market Updates Here are some of the major updates that could move the markets on Monday: IndiGo Q2 Results: Net loss widens to ₹1,583 crore InterGlobe Aviation Ltd (IndiGo) reported a net loss of ₹1,583 crore for the quarter ended Sept (Q2 FY23). It posted a net loss of ₹1,435.6 crore in Q2 FY22. The company’s revenue […] Written by Cherian Varghese November 4, 2022November 4, 2022
Market News Top 10 News India’s Manufacturing PMI Rises to 55.3 in Oct – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: India’s manufacturing PMI rises to 55.3 in Oct India’s manufacturing sector activity remained resilient in October, led by strong growth in factory orders and production. The S&P Global India Manufacturing Purchasing Managers’ Index (PMI) stood at 55.3 in October 2022, compared to […] Written by Cherian Varghese November 1, 2022November 1, 2022
Editorial Federal Bank’s Stellar Q2 Performance: Analysis Federal Bank declared its financial results for the July-September quarter (Q2 FY22) on October 22. There was high demand for the stock in Dalal Street on the same day and surged ~8%. During the same period, ace investor Rakesh Jhunjhunwala added 2 crore shares of Federal Bank (~1% of the total equity share capital) to […] Written by marketfeed Team November 8, 2021April 21, 2022
Editorial Reliance Q2 Results: A Quick & Easy Analysis India’s largest company by market capitalization, Reliance Industries Ltd (RIL), has declared its second-quarter results for FY22. The conglomerate reported total revenue from operations of Rs 1,74,104 crore, an increase of 50% year-on-year (YoY). RIL’s net profit increased by a massive 43% YoY (or 11% QoQ) to Rs 13,680 crore. The figures have beaten all […] Written by marketfeed Team October 24, 2021April 21, 2022
Editorial Varun Beverages: Q2 2021 Result Analysis Varun Beverages is the company that bottles drinks on behalf of PEPSICO. Drinks like Pepsi, Tropicana, Mountain Dew, 7Up, Lipton Ice Tea, Aquafina, or Gatorade are names we have all heard. Varun Beverages has come out with a stellar performance for the April-June quarter of 2021, right after the second wave of COVID-19 retracted. [The […] Written by marketfeed Team August 13, 2021April 21, 2022
Market News Top 10 News TCS Q3 Net Profit Rises 7% YoY – Top Indian Market News TCS Q3 Results: Net profit rises 7% YoY to Rs 8,701 crore Tata Consultancy Services (TCS) reported a 7.18% YoY increase in net profit to Rs 8,701 crore for the quarter ended December (Q3). The IT major had posted a profit of Rs 8,118 crore in Q3 of the previous financial year. Its revenue rose […] Written by marketfeed Team January 8, 2021April 21, 2022
Market News Top 10 News Tata Steel’s Net Profit Falls 60% YoY – Top Indian Market News Tata Steel Q2 Results: Net Profit falls 60% YoY to Rs 1,635 crore Tata Steel Ltd. reported a 60% year-on-year (YoY) decline in consolidated net profit to Rs 1,635 crore, for the quarter ended September (Q2). The company’s revenue increased by 7% YoY to Rs 37,154 crore, during the same period. Tata Steel has stated […] Written by marketfeed Team November 13, 2020April 21, 2022
Market News Top 10 News Finance Ministry Announces New Stimulus Package – Top Indian Market News Finance Ministry unveils 12 new stimulus measures through Atmanirbhar Bharat 3.0 The Finance Ministry has announced a series of new measures to provide a further boost to India’s Covid-hit economy. The size of the stimulus package has been estimated at Rs 2.65 lakh crore. The Atmanirbhar Bharat 3.0 has focussed on sectors such as real […] Written by marketfeed Team November 12, 2020April 21, 2022
Market News Top 10 News Cabinet Approves PLI Scheme Worth Rs 2 lakh crore for 10 Sectors – Top Indian Market News Cabinet approves PLI scheme worth Rs 2 lakh crore for 10 sectors The Union Cabinet has approved Production Linked Incentive (PLI) scheme worth up to Rs 2 lakh crore for 10 key sectors, for the next 5 years. The scheme will provide a boost to India’s manufacturing capabilities and improve exports. The sectors that will […] Written by marketfeed Team November 11, 2020April 21, 2022
Market News Top 10 News Tata Power Reports 10% YoY Rise in Net Profit – Top Indian Market News Tata Power Q2 Results: Net Profit rises 10% YoY to Rs 371 crore Tata Power Ltd. reported a 10% year-on-year (YoY) increase in consolidated net profit to Rs 370.9 crore, for the quarter ended September (Q2). The company’s consolidated revenue increased by 15% YoY to Rs 8,413 crore, during the same period. Tata Power has […] Written by marketfeed Team November 10, 2020April 21, 2022
Market News Top 10 News Pfizer’s Covid-19 Vaccine 90% Effective in Phase 3 – Top Indian Market News Covid-19 vaccine 90% effective in Phase-3 trial: Pfizer Pfizer, the US-based pharmaceutical firm, has stated that its vaccine was 90% effective in preventing Covid-19 infections in ongoing Phase-3 trials. The vaccine candidate is jointly developed by Pfizer and BioNTech. Pfizer has also stated that it expects to supply up to 50 million vaccine doses globally […] Written by marketfeed Team November 9, 2020April 21, 2022
