Market News Top 10 News Adani Green Posts 149% YoY Jump in Net Profit in Q2 – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Adani Green Q2 Results: Net profit jumps 149% YoY to ₹372 crore Adani Green Energy Ltd (AGEL) reported a 149% year-on-year (YoY) jump in net profit to ₹372 crore for the quarter ended September (Q2 FY24). AGEL’s consolidated net revenue rose 40% […] Written by Ben Benny October 30, 2023October 31, 2023
Market News Top 10 News Axis Bank Posts 10% YoY Rise in Q2 Net Profit – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Axis Bank Q2 Results: Net profit rises 10% YoY to ₹5,863 crore Axis Bank reported a 10% YoY increase in net profit to ₹5,863.56 crore for the quarter ended September 2023 (Q2 FY24). The net interest income (NII) grew 18.8% YoY to […] Written by Cherian Varghese October 25, 2023October 25, 2023
Market News Top 10 News Reliance AGM 2023: Highlights – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Reliance AGM 2023: Highlights Reliance Industries Chairman Mukesh Ambani made a range of important announcements, spanning from Jio True 5G to Jio Smart Home Services and changes in the company’s board structure, during the 46th Annual General Meeting (AGM) of the company. […] Written by Ben Benny August 28, 2023August 29, 2023
Daily Market Feed Pre Market Report Markets to Open Lower with U.S. Ratings Downgrade – Pre-Market Analysis Report Here are some of the major updates that could move the markets today: Rating agency Fitch downgraded the US credit rating by one step to AA+, citing expected fiscal deterioration over the next three years and growing general government debt burden. Stocks Maruti Suzuki produced 1.86 lakh vehicles in July, up 1% YoY. Maruti is […] Written by Ajay Ajith August 2, 2023August 2, 2023
Market News Top 10 News ITC to Demerge Hotels Business – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: ITC board gives in-principle approval for demerger of hotels business The board of FMCG major ITC has given in-principle approval for the demerger of its hotel business. Under the new scheme, ITC would hold around 40% stake and the balance will be […] Written by Cherian Varghese July 24, 2023July 24, 2023
Market News Top 10 News Indian Oil Corp to Consider Fundraising via Rights Issue – Top Indian Market Updates Here are some of the major updates that could move the markets on Monday: Indian Oil board to consider fundraising via rights issue Indian Oil Corporation Ltd’s (IOCL) board of directors will consider fundraising plans through a rights issue of equity shares. The proposed rights issue is seen as strengthening its capex spending and the […] Written by Ben Benny July 7, 2023July 9, 2023
Market News Top 10 News Reliance in Talks for $2 Billion Loan – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Reliance in talks for $2 billion loan to fuel expansion According to a Bloomberg report, Reliance Industries Ltd is in discussions with lenders to secure a foreign-currency loan of up to $2 billion. The company plans to utilise India’s dedicated external commercial […] Written by Ben Benny June 15, 2023June 15, 2023
Market News Top 10 News Adani Ent’s Net Profit Jumps 137% YoY to Rs 722Cr in Q4 – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Adani Enterprises Q4 Results: Net profit jumps 137% YoY to Rs 722 crore Adani Enterprises reported a 137% YoY increase in net profit to Rs 722.48 crore for Q4 FY23. Its operating revenue rose 26% YoY to Rs 31,346 crore during the […] Written by Ben Benny May 4, 2023May 8, 2023
Market News Top 10 News Maruti Suzuki’s Net Profit Doubles in Q3 – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Maruti Suzuki Q3 Results: Net profit jumps two-fold to ₹2,351 crore Maruti Suzuki India Ltd reported a 132% YoY jump in consolidated net profit to ₹2,351.3 crore for the quarter ended December (Q3 FY23). Its net sales rose 25.51% YoY to ₹27,849.2 […] Written by Cherian Varghese January 24, 2023January 24, 2023
Market News Top 10 News India Cuts Windfall Tax on Crude, Aviation Fuel – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: India cuts windfall tax on crude, aviation fuel The Central govt cut the windfall profit tax on domestically produced crude oil and also reduced the levy on aviation turbine fuel exports. The revised tax rates become effective from December 16, 2022. The […] Written by Cherian Varghese December 16, 2022December 17, 2022
Market News Top 10 News Tata Motors Posts ₹944Cr Net Loss in Q2 – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Tata Motors Q2 Results: Net loss narrows at ₹944 crore Tata Motors Ltd reported a consolidated net loss of ₹944.61 crore for the quarter ended Sept (Q2 FY23). It posted a net loss of ₹4,441.57 crore in Q2 FY22. Its revenue from […] Written by Cherian Varghese November 9, 2022November 9, 2022
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