View on market: Stay Cautious, be with quality business: Asian stocks were steady Wednesday as traders mulled another all-time high for U.S. equities and a retreat in short-term sovereign yields ahead of the Federal Reserve policy decision. Stability in iron-ore prices bolstered commodity-exporter Australia, while shares in China…
Result Analysis: HDFC Ltd. Result Update Q2FY22 Particulars (In ₹. Cr) Q2FY22 Q1FY22 Q2FY21 QoQ % YoY% Interest Income 11048 10956.9 11231.5 0.83% -1.63% Fee and commission Income 587.96 543.61 489.09 8.16% 20.22% Total Income 38603.5 30997.1 34090.5 24.54% 13.24% Finance cost 6683.34 6626.6 7518.34 0.86% -11.11% Other…
Result Analysis: IRCTC Result Update Q2FY22 Particulars (In Rs. Cr.) Q2FY22 Q1FY22 Q2FY21 QoQ % YoY% Revenue from Operations 404.94 243.37 88.56 66.4% 357.2% Other Income 16.12 14.57 62.54 10.6% -74.2% Total Income 421.06 257.94 151.09 63.2% 178.7% Cost of Goods Sold 21.2 19.63 4.64 8.0% 356.9% Employee…
View on market: Stay Cautious, be with quality business: Asian stocks opened steady Tuesday as traders evaluated a record-high close for U.S. equities and awaited key central bank decisions amid concerns about elevated inflation. Equities dipped in Japan and Australia, and rose in South Korea. U.S. contracts fluctuated…
Particulars (In Rs. Cr.) Q2FY22 Q1FY22 Q2FY21 QoQ % YoY% Revenue from Operations 516.08 352.70 229.94 46.32% 124.44% Other Income 5.17 4.67 26.03 10.71% -80.14% Total Income 521.25 357.37 255.97 45.86% 103.64% Cost of Goods Sold 149.67 101.63 74.08 47.27% 102.04% Employee Benefit Expenses 59.43 53.68 34.7 3.35%…
View on market: Stay Cautious, be with quality business: Asian stocks climbed Monday as traders digested the outcome of Japan’s election and fresh all-time highs for U.S. shares. The yen weakened and a dollar gauge was steady. Equities jumped more than 1% in Japan, where Prime Minister Fumio…
Company Recommendation CMP (Rs) Target (Rs) Upside (%) Time Horizon Reliance Industries Buy 2540 2940 16% 1Month TCS Buy 3404 3910 15% 1Month Hindustan Unilever Buy 2389 2750 15% 1Month ABB India Buy 2095 2500 19% 1Month Motherson Sumi Buy 224 270 21% 1Month ICICI Securities Buy 740.7…
Indraprastha Gas Limited (IGL) is an India-based city gas distribution company. The Company's business consists of sale of natural gas. The Company is focused on industrial and commercial business. The Company supplies compressed natural gas (CNG) to the transport sector and piped natural gas (PNG) to the domestic,…
IPO-Note PB Fintech Limited Rs 940 - Rs 980 per Equity share Recommendation: Subscribe Company Profile: - PB Fintech is an Insurance aggregator and Consumer credit company. PB Fintech is a multinational financial technology company which offers insurance products through its online platform ‘Policybazaar’ and financial products through…
View on market: Stay Cautious, be with quality business: Asian stocks and U.S. futures fell Friday after disappointing earnings from Amazon.com Inc. and Apple Inc., amid concerns over inflation. Shares were lower in Japan, Australia and South Korea. Nasdaq 100 contracts underperformed S&P 500 counterparts. Apple and Amazon…