Indian equity markets ended the last day of the week marginally in red. Top Gainers on Friday included ITC, Bajaj Finance, Bajaj Finserv. Top Losers on Friday included ONGC, Reliance, Power Gri...
In June, the nation's power consumption increased by 17.2% year over year to 134.13 billion units (BU), due to extreme heat and a surge in economic activity. According to data from the el...
In June 2022, Maruti Suzuki India Limited sold 155,857 units as compared to 147,368 units in June 2021, up by 5.76% yoy. Domestic sales totaled 125,710 units in the month, with ...
Datamatics, a global Digital Operations, Technologies and Experiences company on Friday has announced that Datamatics has been positioned by Gartner as a Niche Player in the Magic Quadrant for ...
As the rest of the globe struggles with inflation and escalating recessionary worries, CRISIL cut down India's real GDP growth forecast for 2022-23 to 7.3% from 7.8%. S&P Global's Ind...
The Goods and Services Tax (GST) was lauded by Prime Minister Narendra Modi on Friday as a significant tax reform that advanced "Ease of Doing Business" and realized the goal of "One Nation, On...
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 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.
Analysts at IIFL Securities studied commentary of major companies (sector-wise) from recent calls/ analyst meets, to ascertain the impact of current inflationary conditions and the resultant monetary tightening on demand, input costs and growth outlook.