On 10th May 2023, Dr. Reddy Labs announced its quarterly results for the last quarter of FY2023. Dr. Reddy Labs Financial Highlights: - For Q4FY23, Revenue from operations stood at Rs. 62,968 million and for FY2023 it was reported at Rs. 2,45,8

On 10th May 2023, Godrej Consumer Products announced its quarterly results for the last quarter of FY2023. Godrej Consumer Products Financial Highlights: - For Q4FY23, India sales grew by 12 to Rs. 1,789.51 crore; volume grew by 11 - For Q4F

Something very interesting has been happening in the tyre stocks. In the last two quarters, the tyre companies have reported stellar results and that has shown in the stock price performance also. For instance, Apollo Tyres has more than doubled from

In a sudden twist of events, the foreign portfolio investors (FPIs) turned net buyers in equities in 2023 overall. This is despite the FPIs selling up to $4.21 billion in the month of January 2023. Selling in February was a tad under $1 billion while

Widening of net interest margins (NIMs) and a surge in net interest income (NII) is not just true of private banks but even of PSU banks. Of course, the big daddy of PSU banking, SBI is yet to announce the results for the March 2023 quarter. However,

The company manages and uses efficient and sustainable electrical energy, offering end-to-end solutions to utilities, businesses, and consumers. Q4 performance The company reported a two-fold increase in net profit for the quarter under review,

Shares of Anupam Rasayan gained more than 20 in the last one month. Supply of Patented Life Science Speciality Chemical Anupam Rasayan India has renewed long-term contract worth revenue of USD 53 million (Rs 436 crore) with one of

The anchor issue of Nexus Select Trust REIT saw a robust response on 08th May 2023 with 45 of the IPO size getting absorbed by the anchors. Out of the 32,00,00,000 shares on offer, the anchors picked up 14,39,99,850 shares accounting for 45 of the

Mankind Pharma Ltd had a stellar listing on 09th May 2023, listing at a hefty premium of 20.37, but closing the day sharply above the IPO price and the listing price. Surprisingly, this stellar listing happened on a day when the Nifty and the Sensex

Orders are expected to be executed within the next two quarters About the order Pennar Industries has bagged orders worth Rs 682 crore across its various business verticals including PEB (Pre-Engineered Building); Ascent Buildings,

In the Union Budget for FY23-24 announced by the finance minister on 01st February 2023, the total dividend receipts from dividends from PSU banks and RBI was pegged at Rs48,000 crore. That conservatism is understandable considering that in the previ

Since the December 2022 quarter an interesting trend has been visible. Private banks have done extremely well in this period and most of the large private banks saw a consistent growth in the net interest income and expansion of the net interest marg