Indian equity markets are likely to see more net selling by FPIs this week. There is a very strong likelihood that rupee will breach the Rs 80/ dollar mark. This will cause more selling by FPIs...
Ashoka Metcast Limited has informed that Hiren Tribhovandas Makwana is appointed as the Chief Financial Officer of the Company with effect from July 02, 2022. According to the regula...
In the previous year, HDB Financial Services' (HDB) market value decreased by 50%, amid weak financial performance. Even while shares of competitors like Bajaj Finance have rebounded from their...
Private equity and venture capital (PE-VC) deal value increased 11% to $26.5 billion in the first half of 2022 from $23.9 billion in the same time the previous year, according to data from Vent...
According to data gathered by analytics company Tracxn Technologies, late-stage investments decreased by almost 11% to $9.1 billion during the first quarter of 2022–23 from $10.3 billion a ye...
Bharat Forge Limited has announced that it has successfully completed the previously announced acquisition of JS Autocast Foundry India Private Limited ("JS Auto"). The Enterprise Value of...
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.