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Considering the margin constraints that peers were experiencing, JB Pharma had a great quarter, with its overall revenue and operational EBITDA (ex-ESOP) expanding 36% and 31% YoY in 2Q, respectively. While overall revenue growth exceeded our expecta
The index closed at a new lifetime high on November 15. On Tuesday, the Bank Nifty opened above the prior bar i.e. the inside bar and thereafter, it dipped lower, but it did not breach the prior bar low as a result in formed higher high and
Shares of GSS Infotech have surged more than 300% in one year. The shares of multibagger GSS Infotech Ltd have zoomed more than 10% since its last trading session on Monday as it announced its financial results for the second quarter and half year
Insurance companies, which investment significantly in India’s capital markets, have been asked by the regulator not to make deals with brokers for trading in government securities, according to a report in The Economic Times. This, the re
Billionaire Anil Agarwal-promoted Vedanta Industries is looking to sell its subsidiary Electrosteel Steels and exit the steel business, news reports say. The development comes four years after Vedanta acquired the company, but now wants to e
Bank Nifty traded in just 266 points range and formed a bear candle as the close was lower than the open. As the price traded within the prior day's range, it led to the formation of an inside bar. The tight-range breakout did not result in a shar
An investment of Rs 1 lakh in the shares of this company two years ago would have turned to Rs 4.26 lakh today. Elgi Equipments Ltd, an S&P BSE 500 company, has delivered multibagger returns t
Chances are you have come across a financial influencer going ga-ga over IDFC First Bank. The private-sector bank, whose share price in June this year was pummelled close to an all-time low of Rs 29, has stupefied brokerage houses and market research
The government is expecting a Rs 3-3.5 lakh crore jump in tax revenue in the current fiscal year as per revised estimates of accounts for FY23 that will be presented in the February budget, a report in The Economic Times has said. Improved c
The Tatas are set to merge all the various airlines they control into one company, Air India, a news report has said. This will mean that the Tatas will do away with the Vistara and AirAsia India brands and eventually own just one carrier--A
Reliance Industries Ltd chairman and billionaire Mukesh Ambani is reportedly in the race to acquire a stake in football club Liverpool. Reliance is reportedly eyeing a bid for the club after it was put up for sale by current owners Fenway Sports G
On Friday, the Bank Nifty opened with a gap up and it surpassed its previous all-time high level. The index registered an intraday high of 42345. However, some volatility kicked in and Bank Nifty trimmed its gains from the day's high. Howeve
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