KEI Industries has showcased remarkable growth in its financial performance for the July-September 2024 quarter. The company’s consolidated net profit saw an increase to ₹154.8 crore, compared to ₹140.2 crore in the same quarter of the previous year. This growth reflects the company’s robust operational performance and effective strategic initiatives aimed at expanding its market ...
Investors often look up to successful market players to guide their own investment decisions. One such prominent investor is Vijay Kedia, whose investment moves draw considerable attention, especially among retail investors. In recent developments, Kedia has made significant changes to his portfolio, showcasing his strategic approach to navigating the dynamic stock market. This article will ...
The State Bank of India (SBI), the largest bank in the government sector, is planning to raise ₹5,000 crores through the issuance of Additional Tier-1 Bonds (AT-1 Bonds) next week. This move is part of the bank’s broader strategy to enhance its capital base and support its lending activities, thereby ensuring sufficient liquidity to meet ...
Avenue Supermarts, the parent company of the popular hypermarket chain D-Mart, has recently experienced significant selling pressure in its share price. Today, the shares plummeted by over 9%, marking the largest single-day decline since January 2019. While there has been some buying interest at these lower levels, the stock remains under substantial pressure, raising concerns ...
“`html Quarterly Earnings Updates Introduction As the quarterly earnings season approaches, investors and analysts closely monitor the performance of major corporations. On October 14, a host of companies are set to release their quarterly results, which could significantly impact their stock prices and overall market sentiment. In this article, we will delve into the key ...
The month of October has witnessed significant activity from Foreign Portfolio Investors (FPIs) in the Indian market. Recent trends reveal a shift in investment strategies, with substantial selling observed in both the debt and equity markets. Understanding these movements is crucial for stakeholders in the financial sector, as they reflect broader trends in global investment ...
Introduction to Fixed Income Instruments For investors weary of the volatility in the stock market, fixed income instruments present a reliable and stable alternative for generating returns. These investment vehicles are designed to provide predictable income over time while maintaining a degree of security for the invested capital. In this article, we will explore various ...
In today’s dynamic financial landscape, the performance of equity markets significantly affects investor sentiment and wealth accumulation. The Indian stock market, represented by the BSE Sensex and Nifty 50, recently displayed a mixed trend amid varying global market cues. While there was considerable pressure during the trading session, the day concluded with marginal fluctuations, reflecting ...
Tata Consultancy Services (TCS) is one of India’s largest IT services firms, and its stock performance is closely observed by investors and analysts alike. According to filings with stock exchanges, Tata Sons held a significant stake in TCS as of the end of the June 2024 quarter, which has implications not only for the company ...
On a poignant night, the business world mourns the loss of a titan. Ratan Tata, the former Chairman Emeritus of Tata Sons, passed away at the age of 86. Renowned for his leadership and vision, Tata was not only a business icon but also a philanthropist who dedicated his life to enhancing the lives of ...