LIC IPO caught the attention of the Indian masses and created a buzz across the stock market like never before. Since LIC IPO was announced in the 2021-22 financial budget, talks about disinvestment strategies are around the corner. Apart from liberlaising the insurance sector, LIC IPO is a huge step in the disinvestment for Indian …
In Nifty Outlook of 16 June, 2022 expiry, we analyzed Nifty on Monthly, Weekly, Daily & Hourly time- frames. Below was the summary for our analysis Monthly Nifty in Consolidation phase with Support of 15700.Monthly time-frame indicates bearishness in market, but price is near support zone, which can be tested. Weekly Falling Range with …
Let’s start this expiry outlook with analysis of: Monthly, Weekly, Daily, And Hourly time-frames. Monthly time-frame Major resistance zone 18000-18300, got rejected several times from this zone. Nifty found support at 15700-16000 zone twice in March & May Month. Nifty falling with Red candle in last 2 months, but was getting support from 15700 levels. …
In FY 22, L&T Tech Services attained several milestones. It witnessed over a 3-fold rise in patents that the engineers filed, a 20% dollar revenue growth in constant currency and high operating margins. Individuals can get an insight into the earnings of LTTS from the following sections. What About the Revenue of L&T Tech Services …
HCL Tech Q4 Results HCL Technologies Ltd announced a 226 percent increase in its consolidated PAT to Rs 3,593 crore on April 21, compared to Rs 1,102 crore in the previous quarter. The adjusted net profit for the same period last year was Rs 2,962 crore due to the effect of deferred tax credit and …
FMCG Major HUL (Hindustan Unilever Limited) has published its result for the quarter ending in March 2022. In its official report on 27 April 2022, the company has revealed that its after-tax profit has increased by 8.6%, standing at Rs. 2,327 crore. This figure was Rs. 2,143 crore a year before. Moreover, HUL’s revenue in this …
Axis Bank, the third largest private sector bank in the country, has recorded a substantial year-on-year increase in its earnings for Q422. According to the Axis Bank results for the final quarter of FY 21-22, the total income of the bank stood at Rs. 21,999.5 crores, which is a 15.57% rise over the corresponding income …
The years 2020 and 2021 have been unprecedented for the global economy. COVID impacted almost all countries, causing widespread disruption in the world supply chain and production. The Indian economy has shown resilience under the crisis and registered growth in several areas. However, FY23 has brought the investors to a crossroad. While the domestic economy …
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) forecasted a 7.2 percent GDP growth rate for the Financial Year 2022-23. According to RBI Governor Shaktikanta Das, the GDP growth projection for FY23 has been cut to 7.2 percent from 7.8 percent. GDP growth for 2022-23 is projected to be 16.2% in …
Mindtree is a mid-cap IT company located in Mumbai. It announced its consolidated Q4 earnings on 18 April 2022, showing a net profit of Rs. 473.1 crores for the quarter ending in March 2022. Going by this value, the company has taken a high jump from last year’s PAT in the same quarter, i.e., Rs. …
