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Tech Mahindra board approves sale of 103 acres of land in Hyderabad to Mahindra University for ₹535 Cr
ADF Foods #LargeTrade | 44 lk shares (4% equity) worth ₹100 cr change hands at ₹227.5/sh in block deal window
Happy Independence Day! 🇮🇳
Tell us how proud you are of India's growth story with an emoji. ✨
BIG Expose by #Hindenberg
The current #SEBI Chairperson and her husband, Dhaval Buch, had hidden stakes in the exact same obscure offshore Bermuda and Mauritius funds, found in the same complex nested structure, used by Vinod Adani.
Madhabi Buch and her husband Dhaval Buch first appear to have opened their account with IPE Plus Fund 1 on June 5th, 2015 in Singapore, per whistleblower documents.
A declaration of funds, signed by a principal at IIFL states that the source of the investment is “salary” and the couple´s net worth is estimated at $10 million
#Hindenburg says #SEBI chief, husband had stakes in offshore funds invested in #AdaniGroup
Bank Nifty has resistance at 50800 and support at
49800. Nifty has resistance at 24400 and support at
23800.
TATA MOTORS Q1
Cons Net Profit up 74% at ₹5,566 cr vs ₹3,203 cr (YoY)
Cons Revenue up 6% at ₹1.08 lk cr vs ₹1.02 lk cr (YoY)
Cons EBITDA up 19% at ₹15,785 cr vs ₹13,217 cr (YoY)
Cons Margin at 14.6% vs 12.9% (YoY)
Zomato reports #Q1Results 👇
Net profit at ₹253 cr vs ₹2 cr (YoY)
Revenue up 74.1% at ₹4,206 cr vs ₹2,416 cr (YoY)
EBITDA at ₹177 cr vs EBITDA loss of ₹48 cr (YoY)
Margin at 4.2%
Aditya Birla Capital reports #Q1 earnings
- Net Profit Up 15% At ₹745 Cr Vs ₹649 Cr (YoY)
- Revenue Up 26% At ₹10,258 Cr Vs ₹8,144 Cr (YoY)
Adani ports reports Q1Results 👇
Net Profit up 47% at ₹3,113 cr vs ₹2,119 cr (YoY)
Revenue up 21% at ₹7,559 cr vs ₹6,247 cr (YoY)
EBITDA up 29% at ₹4,847cr vs ₹3,755 cr (YoY)
Margin at 64% vs 60% (YoY)
Exide Q1
Net Profit Up 15.5% At ₹279.6 Cr Vs ₹242 Cr (YoY)
Revenue Up 6% At ₹4,312.8 Cr Vs ₹4,072.6 Cr (YoY)
EBITDA Up 14.5% At ₹494.4 Cr Vs ₹431.7 Cr (YoY)
Margin At 11.5% Vs 10.6% (YoY)
Good green candle on Nifty till now
It’s up +1.56%
Finance sector stock are big up
HDFCLIFE +3.4%
SBILIFE +3.64%
BAJFINANCE +2.21%
IT Stocks are also doing good
INFY +2.85%
HCLTECH +2.76%
WIPRO +3.79%
Other stocks
ITC +2.25%
M&M +2.17%
Airtel +3.51%
AdaniENT +3.75%
Adani ports +3.34%
Tata Power arm partners with Bank Of India for rooftop solar and EV charging stations
DMart reports #Q1 earnings👇
👉Net profit up 17.5% at ₹773.8 cr vs ₹658.8 cr (YoY)
👉Revenue up 18.6% at ₹14,069.1 cr vs ₹11,865.4 cr (YoY)
👉EBITDA up 18% at ₹1,221.3 cr vs ₹1,035.3 cr (YoY)
👉Margin at 8.68% vs 8.73% (YoY)
A profit booking is indicated in Indian market today.
Overall, the market may remain supportive until
Friday (owing to the budget on 23rd July 2024
Dow up 700 points, highest gain in more than a year.
Russell 2000 (small cap index of US) shot up 3%
