Following a 2.4% gain on Monday, Brent crude futures increased by 82 cents, or 0.7%, to $114.32 a barrel. U.S. West Texas Intermediate crude increased $2.58, or 2.4%, from Friday's closin...
EaseMyTrip, India’s second-largest online travel platform, has expanded its international footprint by incorporating a wholly-owned foreign subsidiary in New Zealand as part of its global exp...
Coal India Limited (CIL) has ended April-June quarter FY’23 capping a historic high of 29% yoy output growth, compared to same quarter FY’22. According to the BSE release data, C...
Marico Limited has acquired a further 4.14% stake in Apcos Naturals Private Limited, an entity that owns the brand “Just Herbs”. Post this acquisition, the company’s total stak...
The decision to examine a share buyback proposal by the business board caused the share price of Marksans Pharma to increase by more than 14% in early trading on July 5. The stock reached...
National Fertilizer Ltd (NFL) has clocked a growth of 47% in total Fertilizer Sale during April- June 2022. As per the filing, "the Company reported total sale of 15.58 Lakh MT compa...
Adani Ports and Special Economic Zone Limited is an India-based integrated ports and logistics company. The Company is primarily engaged in developing, operating and maintaining the ports services, ports-related infrastructure development activities and development...
Analysts at IIFL Securities cite their conservative assumptions for oil/GRMs as the key reason for this. The decision to levy excise duty, however, supports the argument that earnings visibility for the sector remains poor and sensitive to such policies.
Analysts at IIFL Securities visited the BDD chawl redevelopment project at Worli, the largest residential construction project in India, and met the contractors consortium to assess the progress on the project and its effect on the Mumbai real-estate market.
NIFTY50 Semi-Annual Review-September-2022 Potentials
If Brent holds ~US$110/bbl, upstream companies will see ~90% YoY growth in FY23 estimated Profit After Tax (PAT), while downstream will likely report significant losses, given under-recovery on auto fuels.
IIFL is one of the leading player in the broking industry with more than a million accounts being opened since inception. The company provides execution, advisory, and research service across products like equity, F&O, Commodity & Currency, Mutual Funds. IIFL is also one of the top distributors of AIF, PMS and Mutual Funds.
Asst. Vice President,
AVP & Senior Financial Planner,
Founder & CEO,