Indian stock indices are consolidating after hitting a new peak even as investors, anticipating a correction form these levels, are looking at shuffling their portfolio. Foreign portfolio investors (FPIs) or foreign institutional investors (FIIs)

In quite an anticlimactic turn of events, fashion and cosmetics e-tailer Nykaa reported a staggering 96 year-on-year decline in its second quarter net profit barely days after its blockbuster initial public offering. Net profit for July-September

In the last five trading sessions, the benchmark index Nifty has gained nearly 186 points or 1.03. On the weekly chart, the Nifty has formed a bullish candle with a long lower shadow, which indicates buying pressure at lower levels. On Friday, the N

The company is poised to register healthy revenue growth with faster addition of branches in untapped regions. Shares of VRL Logistics Ltd have delivered more than 29.62 return to its shareholders so far in November 2021. The stock has gone on to

Meet the trending ace investor of Kolkata - Dr Suresh Kumar Agarwal Dr Suresh Kumar Agarwal is an ace investor who has shown everyone that no matter from which field you belong, you can always make it big in financial markets. His academic backgro

The performance during the quarter was affected by a rise in the cost of materials consumed, constructions cost and tax expenses. The company’s share price declined from Rs 292.1 on Thursday to Rs 285.3 on Friday, when the Q2FY22 results were an

Grasim Industries Ltd reported a 180 year-on-year rise in its second quarter standalone net profit, as demand for its products bounced back and earnings margins expanded on price hikes. Standalone net profit after exceptional items jumped to Rs 9

State-run Oil & Natural Gas Corp reported a sharp jump in its net profit for the second quarter of this fiscal year, as it benefited from higher crude oil prices and adopted a lower tax structure. Standalone net profit for the July-September p

The Kamath brothers are now richer than India's richest individual investor Rakesh Jhunjhunwala. Zerodha's Nithin Kamath and his family have seen their fortunes rise 51 to Rs 25,600 crore in the last one year. This period saw

Sundaram Clayton Limited (SCL) is part of the USD 8.5 billion TVS group, one of the largest auto components manufacturing and distributing groups in India. SCL is a leading supplier of aluminium die castings to the automotive and non-automotive secto

Hindalco Industries Ltd on Friday reported a staggering jump of 783, or 8.8 times, in second-quarter profit from a year earlier, thanks in part to higher sales and a decade-high margin on its India aluminium business. The copper and aluminium arm

Today the Nifty F&O action for November 18 expiry shows resistance has not moved up to 18,500. Nifty fifty reclaimed the 18,100 mark on the trade of November 12. After falling for three days in a row, the Indian equity market finally