Corporate Actions News
For the Dec-21 quarter, Hindustan Unilever, India’s most valuable FMCG company and India’s fifth most valuable company by market cap, reported stellar results. The quarter was supposed to be a tough quarter but Hindustan Unilever announced solid
In a way, Reliance Industries is many companies or many leaderships franchises under one banner. There were some big records created in the Dec-21 quarter, especially Reliance Industries reporting record level of gross revenues above Rs.209,000 Cr in
Axis Bank saw a sharp 3-fold rise in profits for the Dec-21 quarter largely on the back of lower provisioning for loan losses in the quarter. However, the bigger narrative for Axis Bank was that it had seen all-round growth across various verticals l
Two commodity companies; Ambuja Cements and JSW Steel announced their quarterly results on 23 July. Both had a similar story of strong volume growth and better pricing. JSW Steel reported 145.31% YoY growth in sales at Rs.28,902cr. Strong gro
Larsen & Toubro reported 37.98% growth in total sales at Rs.29,335 crore while net profits were up nearly 4-fold at Rs.1,174 crore. Among the various verticals, infrastructure, power, heavy engineering, hydrocarbons and IT did better compared to
If individuals want to be a successful investor or a trader, then he/she should have a thorough understanding of the market fundamentals. An important fundamental aspect of investing is understanding the various types of corporate actions. Cor
IIFL Finance Ltd has launched IIFL Bonds, a Non-Convertible Debenture (NCD) issue of up to ₹1,000 crore, offering an effective yield of up to 10.03%. This latest issue of unsecured NCDs has a base size of ₹100 crore with a option to retain oversu
Power Grid Corporation Ltd reported a 3.57% YoY fall in consolidated net revenues for the Mar-21 quarter at Rs10,510cr. On a sequential basis, net sales revenues were up 3.63% compared to total revenues in the Dec-20 quarter at Rs10,142cr. Full-ye
Radhakishan Damani-led Avenue Supermarts reached near its record high level on Monday's trading session on Dalal Street. Investors were upbeat after the DMart operator logged a higher top-line front during the first quarter ending June 2021 (Q1FY22).
On 2nd August 2022, Adani Green Energy announced its quarterly results for the first quarter of FY2023. Q1FY23 Key Highlights: - Revenue from power supply increased by 56.6 % YoY to Rs 1,328 crore. - EBITDA from power supply increased
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