Bajaj Finance reported AUM growth of 22 YoY and 5 QoQ, 7-12 QoQ growth in consumer durables, personal loans, SME and rural segments, operating costs increased 76 YoY and 48 QoQ led by higher collection costs, increased manpower and branch additi

On Friday equity market closed on a volatile note. BSE Basic Material is the top gainer while the BSE Energy index is the top loser in today’s trade. In today’s trade Indian equity market was volatile, some sectoral indices closed up in green

ITC's 2QFY22 performance was driven by recovery in cigarette volumes and strong performance in the paperboard segment. Overall net sales stood at Rs. 1,27,310mn grew 13.8 YoY and 4.2 QoQ, PAT stood at Rs. 36,972mn, grew 14.4 YoY and 22.7 QoQ, and

Titan's robust margin expansion and earnings growth was driven by stellar sales performance along with the rate of expansion in EBIT margin across all its businesses in Q2FY22. Titan's total revenue excluding bullion segment sales grew by 76

L&T's 2QFY22 operational results were better than estimated, and the margins reported in both the segments were exceptional. Core business performance was affected by COVID challenges and uncertainties, however, margins fared better and wer

Dr Reddy’s Laboratories Ltd, one of the largest homegrown drugmakers, came up with strong results for the second quarter with double-digit growth in both revenue as well as profit. Dr Reddy’s consolidated net profit rose 30.2 to Rs 992 crore

Domestic benchmark indices ended the week on a weak note for the third consecutive day on October 29, 2021. The Indian markets closed in red for the third day in a row on Friday, dragged by banking and financial services shares. Index heavyweight

If you had invested Rs 2,000 every month then by now your worth of investment would have been approximately Rs 3,80,000. An individual can create huge wealth by investing via a Systematic Investment Plan (SIP). Mutual fund offers an investor two i

In traders’ market, the domestic HRC prices slipped by 0.5 WoW to INR70,670/t on average while prices in the secondary market dropped Rs. 2,000/t last week on account of festive season but didn’t really cheer the buyer as the prices were still h

ADSEZ's operating performance in 2QFY22 led the EBITDA (ex-forex) to grow 19 YoY to Rs. 22.1bn. Port EBITDA grew +22 YoY with Port margins at 70 vs 70.7 YoY and 70.6 QoQ. Port EBITDA/T stood at Rs. 308 vs. Rs. 306 YoY and INR311 QoQ. In 2QFY22,

IndusInd Bank report Net Profit 72 YoY increase in net profits with a jump from Rs.647 crore in Q2 FY21 to Rs.1,113 crore in Q2 FY22. The overall collection efficiency of IndusInd Bank for September 2021 was 98 which is a 200bps improvement over th

In Q2 FY22, SBI Cards saw an increase in loan growth by 10 QoQ and the gross cards added increased to 950k- its highest levels. Spending seems to be growing too and slowly reaching the pre-Covid levels. EMI loans grew by 10 QoQ and 32 YoY. Gross n