HDFC Bank, a leading player in the Indian banking sector, has announced its impressive financial results for the third quarter of the fiscal year 2023-24, showcasing a substantial growth trajectory. Here’s a comprehensive overview of the key highlights from the Q3 report: 1. Stellar Net Profit Growth: 2. Net Interest Income (NII) Surge: 3. Asset … Read more
The data table below provides information on vehicle sales, exports, and production in India for the months of September and the cumulative data for July to September. The data is sourced from the Society of Indian Automobile Manufacturers (SIAM) and covers various categories of vehicles, including passenger vehicles, two-wheelers, three-wheelers, commercial vehicles, and more. It … Read more
Hindustan Unilever Limited (HUL), a prominent player in the fast-moving consumer goods (FMCG) sector, recently released its financial results for the June quarter of FY24. Despite facing headwinds from weak demand and other macroeconomic challenges, the company showcased its resilience by reporting a steady growth in revenue and net profit. In this article, we delve … Read more
CSB Bank, a leading private sector lender, has once again demonstrated its prowess in the financial landscape with an outstanding performance in the April-June FY24 quarter. The bank’s remarkable results, reported on July 20, have garnered significant attention in the market. In this article, we delve into the impressive numbers and factors behind CSB Bank’s … Read more
In the fast-paced and ever-evolving world of Information Technology, few companies have left as profound an impact as Infosys, India’s second-largest IT giant. The company has always been at the forefront of innovation, setting new benchmarks for excellence in the industry. However, as with any large organization, there are bound to be challenges along the … Read more
Wipro, an IT services firm, reported its first-quarter results for the period ending June 30, 2023. The company’s net profit increased by 11.9% compared to the same period last year, reaching Rs 2,870 crore. However, there was a sequential decline of 6.6% in net profit due to a decrease in major financial metrics. The Q1FY24 … Read more
Plastiblends India’s shares experienced a 3.85% drop to Rs 191 in morning trade on July 12, following the company’s announcement of a 24% decline in Q1 profit. The profit for the quarter fell to Rs 7.6 crore from Rs 9.9 crore compared to the same period last year, primarily due to higher input costs. In … Read more
Tata Consultancy Services (TCS) has released its Q1 earnings report, indicating a 12.5% increase in revenue from operations. The company’s revenue rose to Rs 59,381 crore in the quarter, compared to Rs 52,758 crore in the same period last year (June 2022). However, there was a sequential decline in profit, with Q1 profit dropping nearly … Read more
Important Note: Monitor the Gift Nifty live in the stock market, as well as global market data and today’s activity of Foreign Institutional Investors (FII) and Domestic Institutional Investors (DII), to establish your trading plan for intraday or the next day. Additionally, keep an eye on global events such as the RBI Repo Rate, US inflation, and India’s Wholesale Price Index (WPI) inflation to formulate … Read more
Easy Trip Planners Ltd. reported strong quarterly results for the quarter ended March 2023. The company’s consolidated net sales increased by 91.59% year-over-year to Rs. 116.60 crore. Net profit also increased by 33.48% to Rs. 31.15 crore. EBITDA stood at Rs. 46.63 crore, up 37.27% from the previous year. The company’s strong performance was driven … Read more
