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On 13th July 2022, Mindtree announced its quarterly results for the first quarter of FY2023. Key Highlights: Q1FY23 Performance updates: - For Q1FY23 Mindtree posted revenue of $ 399.3 Million up by 4 QoQ and 28.6 YoY. - Net
An investment of Rs 1 lakh would have turned Rs 3.9 lakh in a span of just one year. Sumedha Fiscal Services Limited is a front-ranking financial services company incorporated in the year 1989. Since its inception, the journey has been extremely f
One of the key drivers of stock markets is what are the big institutions buying. Of course, the foreign portfolio investors have been net sellers in Indian equities since October 2021. However, even in these tough times, the domestic mutual funds hav
Avenue Supermarts Ltd, the parent of supermarket chain D-Mart, has come a long way since its stock market debut about five years ago. As one of the biggest ‘non-tech’ wealth creators on Dalal Street over the last five years, it defied naysayers a
The second large IT company to announce June quarter results, HCL Technologies, announced a 2.11 growth in net profits at Rs3,281 crore. However, on a sequential basis, the net profits fell by 8.83 as the operating cost pressures mounted. Manpower,
When it comes to industrial growth, it looks like the ghost of the pandemic driven slowdown may have been finally exorcised. May 2022 (IIP is put out with a one-month lag) IIP at 19.6 was the highest in the last one year and also marked the 15th con
The gap between us and the largest player is quite significant and we aim to bridge this gap, even as the market continues to expand, affirms Utkarsh Patel, Executive Director, Jyoti Resins and Adhesives Ltd. What is your outlook on the India
Its Bangalore facility received the 'Good Manufacturing Practice' certificate from UK MHRA. Shilpa Medicare is in the business of manufacturing high-quality Active Pharmaceutical Ingredients (APIs), Intermediates, Formulations, New Drug delivery s
The Nifty has closed below its prior day and tested the four days low. As suspected earlier, the shorts were further increased. On Tuesday, the index has taken support at 8EMA and 34 EMA. As it formed two consecutive lower highs and lows candles,
Chennai-based investor Dolly Khanna, who has been an active investor in the stock markets since 1996, has been building her portfolio along with her husband Rajiv, who co-manages her stock investments that are now worth upwards of $70 milli
It looks like the healthcare sector in India is on a roll, at least if you go by the M&A that has happened in the first half of 2022. The first half of calendar year 2022 ending June has seen record mergers and acquisition deals to the tune of $4
The Indian capital market touched record highs last year and interest rates hit a bottom, thereby pushing up returns of debt funds. But the turn of the policy rate cycle has pulled the returns down. However, one category of funds that has been an
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