News Overview

After a gap-up opening, the key benchmark indices are trading with strong gains ahead of the Union Budget 2022. The Nifty is trading above the key 17,500 mark. At 9:24 IST, the barometer index, the S&P BSE Sensex, jumped 644.15 points or 1.11% at 58,658.27. The Nifty 50 index advanced 173.5 points or 1% at 17,513.90. In the broader market, the S&P BSE Mid-Cap index […]

DLF reported 15.9% fall in consolidated net profit to Rs 379.48 crore as net sales remained flat at Rs 1,549.70 crore in Q3 FY22 over Q3 FY21.

The Company will be soon launching its own Private Label for Sale of various products related to Home, Kitchen, Lifestyle and Electronic Products.

Record date is 10 February 2022

The PSU OMCs standalone net profit fell 19.47% to Rs 2,462.45 crore on 51.42% increase in net sales to Rs 101,045.25 crore in Q3 December 2021 over Q3 December 2020.

Tata Motors Ltd reported -4.53% yoy fall in total sales revenues for the Dec-21 quarter on consolidated basis at Rs72,229cr

Zomato has completed the acquisition of 11,214 compulsorily convertible preference shares and 10 equity shares of Adonmo; and 1,259 compulsorily convertible preference shares and 1 equity share of Urban Piper Technology (UrbanPiper) on 31 January 2022. Powered by Capital Market – Live News

JLR sales remain constrained by chip shortages with retail sales of 80,126 vehicles, down 37.6% over Q3FY21.

For the month of Jan-22, FPIs sold heavily to the tune of Rs33,304cr as the spectre of rising Fed rates spooked global investors. Apart from a rush to safety, most FPIs have been sceptical about Indian markets due to a combination of rich valuations and relatively cheaper Asian markets. High inflation has also been a headwind.

The Company has also acquired 100% stake in Bengaluru based 'Uvik Technologies Pvt Ltd.'