View on market: Stay Cautious, be with quality business: Asian stocks rose Tuesday after U.S. equities extended a winning streak on optimism that the economic recovery can weather inflation risks. The dollar and Treasuries held declines. Shares advanced modestly in Japan, South Korea and Australia. U.S. futures slipped…
IPO-Note Latent View Analytics Limited Rs 190- Rs 197 per Equity share Recommendation: SUBSCRIBE Company Profile: - Latent View is among the leading pure-play data analytics services companies in India, based on the expertise of the entire value chain of data analytics from data and analytics consulting to…
IPO-Note Sapphire Foods India Limited Rs 1120 - Rs 1180 per Equity share Recommendation: Listing Gain Company Profile: - Sapphire Foods is YUM’s largest franchisee operator in the Indian subcontinent. The company’s association with Yum started in 2015 and they presently have the non-exclusive rights to operate restaurants…
Indian Market Outlook: The Key benchmark indices rose in the special one-hour muhurat trading in the evening on account of Diwali, the BSE Sensex gained 307 points or 0.51 per cent to close at 60,078.66 points. The Nifty 50 index also rose 0.5 per cent or 88 points…
View on market: Stay Cautious, be with quality business: Stocks in Asia started the week steady as investors keep watch on how price pressures impact the pace of economic recovery. Treasury yields pared a slide. Equities edged up in Japan, fluctuated in Australia and fell in South Korea.…
Larsen & Toubro Limited is a technology, engineering, construction, manufacturing and financial services company. The Company's segments include Infrastructure, which is engaged in engineering and construction of building and factories; Power, which offers solutions for thermal power plants; Metallurgical & Material Handling, which consists of solutions for ferrous…
Result Analysis: State Bank of India Result Update Q2FY22 Particulars (In Rs. Cr.) Q2FY22 Q1FY22 Q2FY21 YoY% QoQ % Interest earned 69,481 65,564 66,814 4.0% 6.0% Interest Expended 38,298 37,926 38,633 -0.9% 1.0% Net Interest Income 31,183 27,638 28,182 10.7% 12.8% Operating Profit 18,079 18,975 16,460 9.8% -4.7%…
Result Analysis: MTAR Ltd. Result Update Q2FY22 Particulars (In ₹. Cr) Q2FY22 Q1FY22 Q2FY21 QoQ % YoY% Revenue from Operation 91.29 54.03 73.28 68.96% 24.58% Other Income 2.57 2.59 0.168 -0.77% 1429.76% Total Income 93.86 56.62 73.448 65.77% 27.79% Material cost 30.1 32.86 28.04 -8.40% 7.35% Other Expenses…
IPO-Note One 97 Communications Limited Rs 2080 - Rs 2150 per Equity share Recommendation: Listing Gain Company Profile: - One97 Communications Limited (“Paytm”) is India’s leading digital ecosystem for consumers and merchants. They offer payment services, commerce and cloud services, and financial services to 33.7 crore consumers and…
Result Analysis: Sun Pharmaceutical Ltd. Result Update Q2FY22 Particulars (In ₹. Cr) Q2FY22 Q1FY22 Q2FY21 QoQ % YoY% Revenue from Operation 9625.9 9718.7 8553.1 -0.95% 12.54% Other Income 222.8 152.5 255.7 46.10% -12.87% Total Income 9848.7 9871.2 8808.8 -0.23% 11.81% Material cost 1584.9 1562.1 1459.8 1.46% 8.57% Other…