Canara Bank’s performance for the March quarter met market expectations, with its net interest margin (NIM) showing a slight expansion despite a rise in the cost of funds. This was attributed to the bank’s strategic approach of gradually restructuring its exposure to older, low-yielding corporate assets. By either renewing these assets at current market rates…
The Aadhar Housing Finance IPO, backed by Blackstone, commenced its subscription today, May 8, with closure slated for May 10. Priced between ₹300 to ₹315 per share, the IPO aims to raise capital for expansion and strategic initiatives. Notably, it garnered ₹898 crore from anchor investors on May 7, showcasing strong initial interest. Investors can…
Titan share price: Titan shares fell more than 7% in morning session on the BSE on Monday, May 6, after the business disclosed weaker-than-expected March quarter earnings. Titan share price began at ₹3,481.10 versus its previous close of ₹3,535.40 and declined almost 7% to ₹3,287. Titan’s share price fell 5.75 percent to ₹3,332 at 10:15…
The much-awaited Initial Public Offering (IPO) of Indegene Limited is poised to enter the Indian primary market on Monday, breaking a notable trend of no IPO launches in May during the past four Lok Sabha Election cycles. Typically, the period from April to June witnesses subdued activity in primary markets due to election-related uncertainties. However,…
Investing presents an enticing alternative to traditional saving methods, offering the potential for greater returns. However, the abundance of options can make investing daunting. Among these options, mutual funds have emerged as a straightforward choice for many investors. In this guide, we’ll delve into how to invest in mutual funds effectively to harness their wealth-building…
Adani Enterprises, the flagship firm of the Adani Group, recently released its financial results for the fourth quarter of the fiscal year 2023-24. The report highlighted significant changes in net profit, revenue, operating costs, and other key metrics, shedding light on the company’s performance during this period. Net Profit Decline and Revenue Growth In Q4…
During the recent earnings call, Apple CEO Tim Cook highlighted the company’s remarkable performance in India, revealing that it had set revenue records in the country for the quarter ending March 2024. This achievement stood out amidst a broader trend of declining revenue for Apple, which experienced a 4% decrease overall. The decline was primarily…
Learning from these skilled value investors is like gaining access to a wealth of knowledge. They’ve weathered market storms, witnessed bull runs, and gained vital experience along the way. By analyzing their tactics, we can avoid frequent errors and make more informed stock investments. Value investors value fundamental analysis over short-term market volatility. They concentrate…
ICICI Bank Ltd, India’s second-largest private lender, witnessed a significant surge in its market capitalization, crossing the Rs 8 lakh crore milestone on Monday. This milestone was propelled by a remarkable rally in its shares, which soared over 4 percent to reach a new 52-week high of Rs 1,155.65 on the NSE. The stock’s upward…
India has emerged as the world’s largest gaming market in recent years, with 9.5 billion gaming app downloads and 568 million gamers. This expansion is being driven by improved IT infrastructure, increased usage of mobile devices, and high-speed internet connectivity. Furthermore, the introduction of technologies like Augmented Reality (AR), Virtual Reality (VR), and the metaverse…
