Tanla Platforms, a Hyderabad-based company, is a cloud communications provider that enables businesses to communicate with their customers and intended recipients. It is a global A2P(application to person) messaging platform provider and it was the first company to develop and deploy A2P SMSC in India. The company processes more than 800 billion interactions annually and [...]
Gravita India's shares surged 11% to an all-time high of Rs 567.30 on Wednesday after the company reported strong quarterly results. On Thursday, the stock retained momentum and was trading at Rs 561.45 levels. Their net profit in the Q4 of FY23 stood at Rs 63.99 Crore, an increase of more than 40 percent YoY [...]
Shares of Anupam Rasayan India Limited opened its trading session at Rs 1,205 and currently trade at Rs 1,184. The scrip is down 2.3 percent as compared to the previous closing price of Rs 1,212.05. In the last 5 trading sessions, the stock has gained around 6 percent ranging from Rs 1,118 to the current [...]
Shares of Hardwyn India were in focus, ever since the company announced an issue of bonus shares and a stock split. It recently announced the record date for these corporate actions. Hardwyn India manufactures architectural hardware and glass fittings for residential and commercial structures. Its shares were trading at ₹ 373.70 apiece at 12:11 PM [...]
According to a recent report by McKinsey, India is likely to account for more than a fifth of incremental global consumption for chemicals over the next two decades. Domestic demand is projected to rise to $1,000 billion by 2040. The sector is projected to grow at 11-12 percent during 2021-27 and 7-10 percent during 2027-40. [...]
With a market capitalization of ₹ 5,27,507 crores, ITC is a blue-chip company that has diversified business interests. The conglomerate operates through four business segments — FMCG, Hotels, Paper and Packaging, cigarettes and agribusiness. The company’s shares have been on an uptrend and reached a new all-time high of ₹ 428.50 apiece on Wednesday. In [...]
Aviation stocks soared higher on Wednesday’s intraday trades after Wadia group-owned airline Go First, on May 02, 2023, voluntarily filed for bankruptcy with the National Company Law Tribunal (NCLT), blaming the situation on Pratt & Whitney for supplying faulty engines. The surprise move can prove to be beneficial for its rivals like Spice Jet and [...]
Stocks of the Public sector lender UCO Bank opened its trading session at Rs 30.25 and currently trade at Rs 29.15. The scrip is down 5.2 percent as compared to the previous closing price of Rs 30.75. The company recently announced its results for the financial year 2022-2023, details of which are discussed later on [...]
Shares of Indian Hotels Company Ltd (IHCL) appreciated to the tune of 4.48% on Wednesday’s early deals to reach an intraday high of ₹ 363.00 apiece on the National Stock Exchange (NSE) after reporting robust results. The company’s total income grew by 73.27% to ₹ 1,654.54 in the January to March quarter (Q4FY23), against ₹ [...]
One of the most important parameters to judge the performance of the company is to watch how the debt scenario of the company is and how leverage is managed by the same. Keeping the advantages of debt financing aside, it is important to note how it affects the operational numbers over the years. Moving further, [...]
