In India’s financial sector, certain stocks stand out due to their performance across various metrics. By examining parameters such as price to earnings (PE), price to book value (PBV), sales and profit growth, operational performance, and returns, we can identify some of the best financial stocks currently available for our watchlist Name Market Cap (Rs …
The forces of macro economic factors impact the performance of all companies and their stock prices. When the demand for a particular stock rises, so does the stock’s price. Conversely, a dip in the demand for a particular stock (or a rise in its supply) leads to its fall in prices. Just like demand and …
The Ministry of Coal has taken proactive measures to ensure adequate coal supplies for India’s domestic coal-based Thermal Power Plants (TPPs) during the upcoming monsoon season. As of June 29, 2024, coal stocks at these TPPs stand at a robust 44.46 Million Tonnes (MT), translating to 18.5 days’ worth of fuel at current consumption levels. …
India’s natural gas sector witnessed a significant shift in May 2024, with a decline in LNG imports balanced by a rise in domestic production. According to data released by the oil ministry, LNG imports fell by 7.2% year-on-year, reaching 2,650 million metric standard cubic meters (MMSCM) compared to 2,854 MMSCM in May 2023. Domestic Production …
The Indian government has increased the windfall tax on domestically produced crude oil, aiming to manage domestic fuel supplies and counter rising global oil prices. Tax Hike Targets Refiner Margins Effective July 2nd, the windfall tax has been raised to ₹6,000 per metric tonne, up from ₹3,250. This tax, reviewed every two weeks, was introduced …
Provisional data released by the Ministry of Petroleum and Natural Gas reveals a mixed picture of fuel consumption in India for the month of June. While petrol and ATF (Aviation Turbine Fuel) witnessed growth, diesel sales experienced a slight decline. Petrol and ATF See Upward Trend Industry-wide petrol consumption increased by a healthy 4.2% year-on-year …
Indian banks have witnessed a significant increase in their borrowings through money markets and specific bonds during the April-June quarter (Q1 FY25). This 60% surge compared to the same period last year reflects tighter cash conditions and a rising cost of funds, marking a shift from the previous era of easy liquidity. Multiple Factors Driving …
In a move to protect investors and promote market integrity, the Securities and Exchange Board of India (SEBI) has announced new regulations for unregistered financial influencers, also known as “finfluencers.” Combating Unregulated Advice The decision comes amid growing concerns about the potential risks posed by influencers who offer financial advice and recommendations without proper oversight. …
The Securities and Exchange Board of India (SEBI) has penalised former senior management of Kwality Ltd for their role in misstating the company’s financial figures between 2017 and 2019. This action underscores SEBI’s commitment to protecting investors and ensuring market integrity. Fines Imposed and Market Access Barred SEBI imposed a total penalty of ₹3.75 crore …
For India, the monsoon is more than just rain; it’s a lifeblood. These seasonal showers are crucial for the country’s agricultural sector, which in turn impacts the entire economy and, you guessed it, the share market. So, this year, with predictions of above-normal rainfall, let’s dive into what that means for both your umbrella and …
