Stocks

India, 20th May 2022: Led by innovation and strategic marketing, Tata Realty and Infrastructure Limited, India's largest institutional realty player and a 100% subsidiary of Tata Sons Pvt. Ltd reported a vertical growth of over 30% Y-o-Y, over last year’s 120% sales target achievement. With LEED-certified sustainable residential solutions, Tata Realty has sold a total of 1688 units of residential assets across various segments...

Mumbai, 20 May 2022: Post the pandemic, it was widely anticipated that coworking would soon be issued a death certificate. Like many others, this prediction was baseless - the ‘new normal’ has caused coworking spaces to emerge as one of the best options for adopting a hybrid model at offices. Latest ANAROCK Research reveals that out of the total net absorption...

17 May 2022:  Share India Securities Ltd (SISL), one of India’s leading diversified, technology-driven financial services companies, reported its best ever net profit in the financial year 2021-22.   The company’s PAT jumped by a phenomenal 150% to Rs 201.84 crore for the full financial year 2021-22 from Rs 80.75 crore in the previous financial year. Total consolidated revenue of the...

Mumbai, 13th May 2022:  GMM Pfaudler Limited, has undertaken a major rebranding exercise. This comes at a time when GMM Pfaudler is ready to take to the global stage its successful acquisition of a majority stake in its parent company, Pfaudler International. The new brand identity has been developed to suit the vision of the now global entity. Consideration for the inspiration...

Thrissur, 12 May 2022: Kalyan Jewellers India Limited recorded a consolidated revenue of Rs 10818 crores, the highest revenue in the history of the company so far despite disruptions to business due to COVID 2nd and 3rd waves during the year. The consolidated PAT for FY2022 was Rs 224 crore. The PAT for the last three quarters was Rs...

Gurugram, 4 May 2022: Before Covid-19, NCR's residential market activity lagged far behind its Southern counterparts as it grappled with delayed project deliveries due to the financial crisis and disruptive policy interventions like DeMo, RERA, and GST. The post-Covid period saw a notable shift, with Delhi-NCR outpacing its southern and western counterparts. Latest ANAROCK data shows that NCR's unsold inventory declined by...

Mumbai, May 4th, 2022: NJ Mutual Fund, part of the 27-year-old NJ Group announced the launch of NJ’s Factor Book. The book is a manifestation of the relatively new and emerging world of factor investing, which is a confluence of technological advancements (data analytics, machine learning, and artificial intelligence) and established investment principles.The book answers some of the most pertinent questions...

According to Oswal Financial Services Ltd., there are several factors which have contributed to gold’s movement in past few years, pandemic being one of major one. Although, from now we recon three major factors to keep an eye on for gauging direction in Gold i.e. Geo political tensions, Inflationary concerns and Central bank’s policies. What makes an auspicious occasion even...

Hyderabad, Telangana, India Key Metrics: Fourth Quarter Revenue of Tanla increased by 32% year-over-year to Rs 8,531 million. Gross profit increased by 38% year-over-year to Rs 2,434 million. Gross margin at 28.5%, improved by 126 basis points year-over-year. EBITDA increased by 37% year-over-year to Rs 1,841 million. EBITDA at 21.6 %, improved by 91 basis points year-over-year. Profit after...

ICRA expects capacity utilisation (CU) to reach the critical threshold of 75% required to trigger broad-based capacity expansion, only by the end of CY2022. Moreover, the rating agency highlighted that while some green shoots are visible in private investments, protracted geopolitical tensions and elevated commodity prices could constrain the profitability of the corporate sector, imparting some caution to private...