The fourth-quarter earnings season for FY25 has concluded on a strong note, with several companies reporting over 50% year-on-year (YoY) growth in net profits. According to Motilal Oswal Financial Services (MOSL), the Nifty 50 delivered a 3% YoY profit growth, slightly exceeding expectations. Top Performers in Q4FY25 Sector-Wide Growth Trends The metals, oil marketing companies…
India’s leading fintech platform Groww has reported a threefold jump in net profit for FY25, reaching ₹1,819 crore, while securing a $200 million funding round at a $7 billion valuation. 🔴 Key Highlights: 📢 Groww’s Statement:“Our strong financial performance and strategic expansion reinforce our commitment to democratizing investing in India.” ⚠️ Strategic Impact: 👉 What…
Shares of Sona BLW Precision Forgings Ltd. (Sona Comstar) plunged almost 8% in Friday’s trading session following the sudden demise of Chairman Sunjay Kapur in England. 🔴 Key Highlights: 📢 Official Statement from Sona Comstar:“Sunjay was a visionary leader whose guidance shaped Sona Comstar’s success. His values and commitment to excellence have left a lasting…
Fugitive businessman Vijay Mallya still has ₹6,997 crore in outstanding dues, despite banks recovering ₹10,815 crore through asset sales, according to the Finance Ministry. 🔴 Key Highlights: 📢 Finance Ministry’s Statement:“Any loan comes with interest and penal charges until fully repaid. Mallya’s claim of repayment disregards these legitimate accruals.” ⚠️ Strategic Impact: 👉 What do…
India’s retail inflation, measured by the Consumer Price Index (CPI), fell to 2.82% in May, marking its lowest level in over six years. The decline was primarily driven by moderating food prices, offering relief to consumers and policymakers alike. 🔴 Key Highlights: 📢 Expert Opinions:“The marked softening of headline and food inflation in May is…
Talbros Automotive Components Ltd. has seen a 6% jump in its stock price, extending its winning streak for the third consecutive session, after securing ₹580 crore worth of orders from leading OEMs in both domestic and export markets. 🔴 Key Highlights: 📢 Market Analysts’ Take:“Talbros Automotive’s diversified order book strengthens its position in the auto…
Shares of Accretion Pharmaceuticals Limited skyrocketed 17.3% on the NSE, following the company’s stellar financial performance in H2 FY25. The pharmaceutical firm, known for its tablets, capsules, and healthcare products, reported a net profit surge of 187% year-on-year, fueling investor optimism. 🔴 Key Highlights: 📢 Market Analysts’ Take:“The company’s strong earnings growth and expanding margins…
The Indian stock market witnessed a sharp decline, with the Sensex plunging 850 points and investors losing a staggering ₹5 lakh crore in market capitalization. The downturn has raised concerns among traders and analysts, as multiple factors contribute to the ongoing volatility. 🔴 Key Reasons Behind the Crash:1️⃣ Global Market Uncertainty – Weakness in US…
Billionaire Mukesh Ambani, through Reliance Industries Limited (RIL), has executed a massive block deal, offloading 3.5 crore shares of Asian Paints for ₹7,703 crore, marking one of the biggest stock transactions of the year. 🔴 Key Highlights: 📢 Market Analysts’ Take:“Reliance’s exit signals a strategic shift, possibly reallocating capital to high-growth sectors.” ⚠️ Strategic Impact:…
Sterlite Technologies has won a ₹2,631 crore contract from Bharat Sanchar Nigam Limited (BSNL) to develop the middle-mile network under BharatNet Phase III in Jammu & Kashmir and Ladakh. The project aims to enhance digital connectivity in remote regions, supporting India’s push for fiber-based broadband expansion. 🔴 Key Highlights: 📢 Sterlite Technologies’ Statement:“We are committed…
