January 19, 2023 New Delhi, India Hindustan Zinc Q3 Hindustan Zinc, a Vedanta group firm, recently disclosed its financial performance for Q3, revealing a net profit of Rs 2,028 crore. Despite a year-on-year (YoY) decline, the company showcased a promising sequential growth of 17%. Financial Highlights: Net Profit: In Q3, Hindustan Zinc reported a net…
December 15, 2023 New Delhi, India Buzzing Stocks In a dynamic week of market activity, major players like State Bank of India (SBI) and Hero MotoCorp are making strategic moves, shaping the landscape of the Indian stock market. State Bank of India (SBI): SBI Diversifies Portfolio with Canpac Trends Stake Purchase SBI, India’s largest public…
December 14, 2023 New Delhi, India India’s Wholesale Price Index (WPI) inflation has surged to an eight-month high of 0.26% in November, marking a shift from the deflationary trend seen since March 2023. This development raises concerns about its potential impact on the country’s GDP growth. Positive Reversal in Wholesale Inflation: After several months in…
December 7, 2023 New Delhi, India Article: In a dynamic financial landscape, INOXCVA, renowned for its cryogenic solutions, is set to launch an Initial Public Offering (IPO) in December. The move comes on the heels of regulatory approval from the Securities and Exchange Board of India (Sebi), marking a pivotal moment for the company. Regulatory…
Welcome to our daily pre-market update, where we comprehensively analyze the Indian rupee’s performance in the currency markets. In this article, we will delve into the previous day’s trading session, examining the critical movements of the rupee against major currencies such as the US dollar (USD), British pound (GBP), Euro (EUR), and Japanese yen (JPY)….
Mutual Funds invested $20,700 crore and FIIs purchased $13,100 crore in the Indian secondary market in March 2023. According to a new analysis by S&P Dow Jones Indices, the majority of Indian largecap equities mutual funds failed to outperform the benchmark, with 88% of actively managed funds lagging the S&P BSE 100 in 2022. Major…
