HDFC group companies including their parent could be sniffing out potential acquisitions soon if chairman Deepak Parekh is to be believed. HDFC Ltd does not need to raise capital a ... Read more
HDFC group companies including their parent could be sniffing out potential acquisitions soon if chairman Deepak Parekh is to be believed. HDFC Ltd does not need to raise capital as its adequacy ratios are superior, and the need for provisioning is far less than its peers. Read more
Vodafone Idea's net worth and cash have deteriorated over the last twelve months. The company's quarterly run rate in terms of losses could well mean that its net worth would have ... Read more
Vodafone Idea's net worth and cash have deteriorated over the last twelve months. The company's quarterly run rate in terms of losses could well mean that its net worth would have totally wiped out by the end of June 2020. Listen in to find out more. Read more
For ITC's investors, early indications on volumes for the June quarter are encouraging. Still, the fact that June quarter would be sorely scarred by the lockdown means cigarette vo ... Read more
For ITC's investors, early indications on volumes for the June quarter are encouraging. Still, the fact that June quarter would be sorely scarred by the lockdown means cigarette volumes for FY21 are likely to be subdued. Listen in to find out more. Read more
Ashok Leyland, the flagship company of the Hinduja group is feeling the heat of the family feud just like other group companies. The stock has lost 7.5% in the past three trading s ... Read more
Ashok Leyland, the flagship company of the Hinduja group is feeling the heat of the family feud just like other group companies. The stock has lost 7.5% in the past three trading sessions. However, not all the worry is from the legal battle surrounding the $11 billion fortune of the group. Read more
The rate at which the Ruchi Soya Industries Ltd stock is rising, it would have overtaken the market capitalization of Marico Ltd by the end of the week. Sebi should sit up and take ... Read more
The rate at which the Ruchi Soya Industries Ltd stock is rising, it would have overtaken the market capitalization of Marico Ltd by the end of the week. Sebi should sit up and take notice because, in this instance, the extremely low float is leading to strange price movements. Tune in to find out more about this striking stock movement. Read more
Shares of Avenue Supermarts Ltd are just 8% lower compared to its 52-week high in mid-February. Avenue runs the DMart chain of retail stores and investors had got a reality check a ... Read more
Shares of Avenue Supermarts Ltd are just 8% lower compared to its 52-week high in mid-February. Avenue runs the DMart chain of retail stores and investors had got a reality check after its March quarter results were announced last month. But since then, the stock staged a smart recovery. Tune in to find out more. Read more
Gold loan lender Muthoot Finance reported strong March quarter results. Net profit surged 59% year-on-year and operating metrics were healthy too. Asset under management grew 22% a ... Read more
Gold loan lender Muthoot Finance reported strong March quarter results. Net profit surged 59% year-on-year and operating metrics were healthy too. Asset under management grew 22% and margins improved. The lender has benefited from the rise in gold prices during the pandemic. Gold is seen as a safety asset and even a liquid asset during crisis. The present coronavirus pandemic has made Indians opt for emergency funding through gold loans. Muthoot Finance is seeing demand for its gold loans owing to this. Also, given the price of gold has gone up, the loan-to-value ratio too has improved. Moreover, gold loans are short in tenure and therefore borrowers may not avail of moratorium. Unlike other NBFCs, Muthoot Finance hasn’t received a large number of moratorium requests. Further, the company reported improvement in asset quality as well. Analysts believe the company will benefit in the coming quarters too and growth in gold loans would be strong. Therefore analysts have raised their earnings per share estimates for the company. Muthoot Finance shares have outperformed the broad market on this optimism. Read more
There seems to be a never-ending queue of investors lining up to buy shares of Jio Platforms Ltd. After all, the company has already raised $13.7 billion. Listen in to find out wha ... Read more
There seems to be a never-ending queue of investors lining up to buy shares of Jio Platforms Ltd. After all, the company has already raised $13.7 billion. Listen in to find out what is driving investors by the droves to Jio Platforms. Read more
Hindalco Industries' March quarter numbers were not bad, to begin with. Going ahead, a lot depends on how aluminum prices move. While the stock has recovered smartly from the lows ... Read more
Hindalco Industries' March quarter numbers were not bad, to begin with. Going ahead, a lot depends on how aluminum prices move. While the stock has recovered smartly from the lows in March, the shares are still 34% lower than 52-week high seen in January. Read more
The Godrej Consumer stock declined by 4% on Wednesday, making it the biggest loser in the Nifty FMCG index. Investors evidently don't like the management change announcement. Liste ... Read more
The Godrej Consumer stock declined by 4% on Wednesday, making it the biggest loser in the Nifty FMCG index. Investors evidently don't like the management change announcement. Listen in to find out more. Read more
