12 May 2022 – Trading Activity & Stock Market Updates

Hindalco Industries The company’s subsidiary Novelis Inc recorded a 21 percent YoY growth in net income at $217 million in March 2022 quarter. Net sales increased 34 percent to $4.8 billion compared to the year-ago period. Novelis, the wholly-owned US unit of Aditya Birla Group company Hindalco, said it will invest $2.5 billion to build … Read more

11 May 2022 – Trading Activity & Stock Market Updates

State Bank of India SBI’s board of directors has approved raising up to $2 billion in FY23. Cipla The pharmaceutical company reported a 10 percent YoY fall in consolidated profit at Rs 370.7 crore in the quarter ended March 2022 while revenue rose 14 percent to Rs 5,260.33 crore compared to the year-ago period. Torrent … Read more

9 May 2022 – Trading Activity & Stock Market Updates

Campus Activewear The company will make its debut on the BSE and NSE today. Tata Power Company The company reported a 31.4 percent YoY growth in profit at Rs 632.4 crore. Revenue from operations increased by 15.4 percent to Rs 11,960 crore during the same period. Reliance Industries Reliance Industries reported a 10.9 percent sequential … Read more

6 May 2022 – Trading Activity & Stock Market Updates

Tata Motors Tata Motors has announced its foray into electric last mile cargo segment with the Ace EV. TVS Motor Company The automobile company reported lower than expected numbers for the quarter ended March. Net profit fell 5 percent year-on-year (YoY) to Rs 274.5 crore while revenue was up 4 percent at Rs 5,530.3 crore. … Read more

5 May 2022 – Trading Activity & Stock Market Updates

Tata Consumer Products The company clocked 304 percent YoY growth in consolidated profit at Rs 217.54 crore in the quarter ended March 2022. Revenue grew 4.5 percent YoY to Rs 3,175.4 crore during the quarter. Additionally, Sivakumar Sivasankaran has been appointed as Chief Financial Officer, India and as key managerial personnel of the company, in … Read more

3 May 2022 – Trading Activity & Stock Market Updates

Titan Company The jewellery-to-watch major registered a 7.2 percent YoY decline in standalone profit at Rs 491 crore in the quarter ended March 2022. Revenue rose 2 percent to Rs 7,276 crore during the same period. Tata Steel The company reported a consolidated net profit of Rs 9,835.12 crore in Q4FY22, up 37 percent YoY, … Read more

2 May 2022 – Trading Activity & Stock Market Updates

Automobile companies Some automobile companies like Maruti Suzuki India and Tata Motors reported their monthly sales data for April while others are yet to post their provisional sales figures. IndusInd Bank The private sector lender registered 55.4 percent YoY growth in profit at Rs 1,361.4 crore for the quarter ended March 2022 as provisions declined … Read more