NIFTY: NIFTY opened at 17062 with a big gap down of 215 points. The index continued its bearish momentum and fell further to nearly 200 to record its intraday low at 16866.75. Prices have found intraday support there and started moving on the upside. The index broke its…
Result Analysis: Cipla Ltd. Result Update Q3FY22 Particulars (In Rs. Cr.) Q3FY22 Q2FY22 Q3FY21 QoQ % YoY% Revenue from Operations 5479 5520 5,169 -0.7% 6.0% Other Income 91.3 60.7 86.9 50.5% 5.0% Total Income 5570.2 5580.5 5255.6 -0.2% 6.0% Raw Material Consumed 1,524.8 1,382.7 1,353.3 10.3% 12.7%…
View on market: Stay Cautious, be with quality business: Asian stocks were mixed and Treasuries trimmed losses Thursday as investors evaluated Federal Reserve Chair Jerome Powell’s signal of a March interest-rate liftoff and the possibility of hikes at each policy meeting. Equities fluctuated in Japan and slipped in…
NIFTY: NIFTY opened at 17001.55 with a big gap down of 148 points. The index recorded its intraday low at 16836.80 within the first five minutes of trading and then started moving on the upside. Prices have filled the gap down and early morning losses quickly and rallied…
IPO-Note Adani Wilmar Limited Rs 218 - Rs 230 per Equity share Recommendation: Subscribe Adani Wilmar Limited IPO Company Profile: Adani Wilmar is an FMCG Arm of Adani group. AWL is a joint venture incorporated in 1999 between the Adani Group, and the Wilmar Group, Adani Wilmar offer…
View on market: Stay Cautious, be with quality business: U.S. equity futures and Asian stocks declined Tuesday after volatility on Wall Street stoked by concerns over Federal Reserve policy tightening and geopolitical tension. S&P 500 and Nasdaq 100 futures retreated about 1%, while an Asia-Pacific share gauge hit…
NIFTY: NIFTY opened at 17575.15 with a gap down of 42 points. The index recorded its intraday high at 17599.40 within the first five minutes of trading and started drifting downwards. Prices have seen a sharp intraday decline of more than 600 points and recorded its intraday low…
Result Analysis: Reliance Industries Ltd. Result Update Q3FY22 Particulars (In ₹. Cr) Q3FY22 Q2FY22 Q3FY21 QoQ % YoY% Revenue From Operation 191271.00 174104.00 137829.00 9.86% 38.77% Other Income 4047.00 4224.00 4453.00 -4.19% -9.12% Total Income 195318.00 178328.00 142282.00 9.53% 37.28% Cost of Material 91315.00 82212.00 53518.00 11.07%…
Result Analysis: SBI Life Insurance Company Ltd. Result Update Q3FY22 Particulars (In Rs. Cr.) Q3FY22 Q3FY21 YoY% 9MFY22 9MFY21 YoY% First Year Premium 4074 3277 24.3% 9088 6678 36.1% Renewal Premium 9653 8436 14.4% 22460 20170 11.4% Single Premium 4429 2162 104.8% 9703 7759 25.1% New Business…
NIFTY: Nifty came under pressure due to global market as it moving near 17500 which is 38 percent correction of recent up move. The index declined almost 4% last week led by weakness in the technology stock . In the US, the Nasdaq Index moved to its lowest…
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