Banks play a pivotal role in capital formation by providing loans to investors, thus removing capital deficiency and converting dormant money into active capital through interest payments to customers. The Net Interest Margin is one of the metrics that signifies the profitability, efficiency, and performance of a bank by measuring and comparing the interest income [...]
CAGR, or Compound Annual Growth Rate, is a crucial financial metric used to measure the annualized growth rate of an investment over a specified period. It provides a smooth representation of growth, factoring in compounding effects. Widely utilized in assessing business performance and investment returns, CAGR offers insights into long-term trends. Here are the 3 [...]
A brokerage issued a buy recommendation on the shares of India's largest manufacturer of grey cement and white cement producers, projecting a potential upside of 25%. Ultratech Cement Ltd, a part of Aditya Birla Group. The company operates in the white business of manufacturing cement and ready-mix concrete. Its core activities revolve around the manufacturing [...]
The Indian ‘Food Delivery’ industry is poised for significant growth in the upcoming financial years and is expected to reach a valuation of $18.1 billion by FY25, showing a compounded annual growth rate (CAGR) of 12.2 percent from $10.2 billion five years ago. Some of the most important growth drivers include the increased internet and [...]
The Indian railway sector in 2024 presents a compelling investment opportunity with the potential for growth and stability. With a vast network and historical significance, the Indian Railways is a crucial part of the country's transportation system. The sector is undergoing dynamic changes driven by government investments, technological advancements, and increasing demand. Foreign Institutional Investors [...]
Financial results for the financial quarter and year ending March’24 are on the roll, and along with the same, various Brokerage houses are coming up with aggressive stock price targets based on the company’s expectations for future financial performance and other guidance provided. Listed below is one fundamentally strong stock present under Adani Group’s portfolio [...]
Revenue in the IT Services market is projected to reach US$26.45bn in 2024, and it is expected to show an annual growth rate (CAGR 2024-2028) of 12.98 percent, resulting in a market volume of US$43.09bn by 2028. IT Outsourcing dominates the market with a projected market volume of US$10.51bn in 2024. Here are some of [...]
Shares of this Drone service and training company clocked 5 percent upper circuit in Tuesday’s trading session after joining hands with Drone Soccer Association India to introduce Drone Soccer in India. With a market capitalization of Rs. 649 crores, the shares of Drone Destination Ltd started Tuesday’s trading session on a higher note at Rs. [...]
The shares of the financial service provider gained up to 8 percent after the company’s net profit and revenue increased by 30 percent and 24 percent YoY, respectively in the fourth quarter. With a market capitalization of Rs 12,808 crore, the shares of KFin Technologies Ltd closed at Rs 749.65 per share, increasing around 6.36 [...]
IT stock engaged in the business of software product development including designing and delivering end-to-end software solutions covering the entire spectrum of software services jumped upto 12 percent in the day’s trade upon posting its Q4FY24 results with a 54 percent jump in Net Profits. With a market capitalization of Rs. 13,275, the shares of [...]