Tata Neu 2.0: Super app to undergo revamp for a better user experience
Suite42 says its technology helps clients to make fair price discovery, reduce processing cost
CLOSING BELL: It was a range-bound trade on the bourses on Friday as investors awaited US Fed chief Jerome Powell's address at the Jackson Hole Symposium later tonight
The company's strong growth outlook, industry tailwinds in the medium term and strong balance sheet makes it a best play in the retail space
Stocks to watch today: Titan plans to add 20 to 30 Tanishq stores over two to three years in the Middle East and North America; Nelco inked pact with Intelsat to provide inflight connectivity services
Expects 15-20 per cent higher sales in this festive season
Stocks to watch today: Canara Bank plans to raise up to Rs 3,500 crore through tier II bonds; TCS clarified that it would pay 100 per cent of variable payout in the June quarter of FY23.
Rakesh Jhunjhunwala, who passed away on August 14, is said to have 'meticulously' planned everything about his wealth as he had been sick for over 8 months
Analysts see more upside for jewellery stocks as festive demand kicks in post the correction of gold prices
Among the firms in his portfolio, Aptech shares dipped 0.04 per cent to settle at Rs 232.65 on BSE after falling 5.92 per cent to Rs 218.95 during the day.
CLOSING BELL: Coal India, M&M, Bajaj Finserv, HDFC Bank, Hindalco, Axis Bank, NTPC, L&T, HDFC, Dr Reddy's Labs, RIL, IndusInd Bank, and Apollo Hospitals were the top gainers on the 50-pack index today
Stocks to watch today: Bharti Airtel and Adani Ports will report their June quarter results (Q1FY23); Titan saw 13-fold jump in net profit to Rs 790 crore in Q1FY23.
Excluding the sale of bullion, the company's revenue stood at Rs 8,649 crore, a growth of 199 per cent, compared to Rs 2,890 crore in Q1FY22
The total number of employees in eight of the top retailers in India went up 57 per cent to 4,90,000 in FY22, with Reliance Retail hiring the most number of people at 1,61,000
Firm's high-margin jewellery Q1 sales were comparable to pre-Covid-19 levels
CLOSING BELL: It was, largely, a broad-based rally where the Nifty PSU Bank index advanced the most, up 3.4 per cent
While, its jewellery division, which contributes around 85 per cent of its revenue, reported 207 per cent growth and added 19 new stores during the quarter, taking the total count to 463.
Titan and Lupin seem poised for solid gains among Rakesh Jhunjhunwala's portfolio, while shares of Lupin, Star Health and Jubilant Pharmova can be avoided for now.
Of the 12 that have risen, only one has provided double-digit gains
Tech Mahindra and Wipro have tumbled over 30 per cent, while Apollo Hospitals Enterprise and Dr. Reddy's Laboratories have plummeted 22 per cent so far in calendar year 2022 (CY22)