Shyam Metalics and Energy reported strong Q4 earnings growth with higher margins and announced a ₹2,700 crore expansion plan aimed at boosting speciality steel and stainless steel capacities.
PhysicsWallah, which started as a YouTube channel in 2016, has evolved into one of India’s leading education technology companies with a presence across both online and offline learning.
Chemical fertilisers continue to account for the bulk of agricultural input consumption in India and remain central to productivity and food security requirements.
While the company said Fa does not materially contribute to overall sales, analysts believe the loss of Pril could have a meaningful impact on the business.
CreditAccess Grameen’s net interest income (NII) increased 20% from the previous year, while its net interest margin (NIM) expanded to 14.2%. Its gross non-performing assets (NPA) improved to 3.2% from 4% sequentially and its credit cost moderated to 4.8%.
Gold and silver prices fall in India and globally as a stronger dollar, higher crude oil and US–Iran tensions pressure bullion, analysts see range-bound trade.
Gautam Chhaochharia, Head of Global Markets at UBS, said foreign investors remain invested in India despite slower inflows and caution over valuations. He also said India remains a stock pickers’ market with select midcap and smallcap opportunities backed by earnings…
For the March quarter, Groww’s revenue increased by 24% from the previous quarter while its net profit increased by 25% on a sequential basis.
Analysts fear that the massive $3 billion purchase will eat into dividend payouts for Bharti Airtel’s shareholders. They currently project the dividend payout to be ₹35 per share.
In his public address in Hyderabad, the Prime Minister urged citizens to use electric vehicles, thereby cutting down on the use of petrol and diesel, which is a key imported commodity by India.