Posts in category All News
Gainers & Losers: RVNL, Maruti Suzuki among 11 stocks in limelight on Tuesday (09-07-2024)
On Tuesday, the Indian benchmark equity indices Nifty 50 and Sensex reached new all-time highs, buoyed by leading car maker Maruti Suzuki. Positive sentiment was supported by a robust macroeconomic growth outlook and consistent foreign inflows.
Quick Wrap: Nifty Auto Index rises 2.23% (09-07-2024)
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Maruti Suzuki drives market euphoria: Sensex, Nifty notch all-time closing highs (09-07-2024)
Maruti Suzuki and consumer stocks kept D-Street benchmarks on track to continue their post-election rally. The 30-share Sensex advanced 391 points to settle at 80,352. The broader NSE Nifty gained 113 points to top 24,430. A strong macroeconomic growth outlook and steady return of foreign inflows also boosted investor sentiments. The market capitalisation of all listed companies on the BSE increased by Rs 1.58 lakh crore to Rs 451.29 lakh crore.
Bajaj Healthcare – API and FDF Manufacturer (09-07-2024)
Long term debt is only 65 Crs. Their short term debt for working capital requirement is high! How are they going to reduce their working capital cycle? Working capital days are 254 right now. It used to be around 60-70 few years back. Will shutting down loss making businesses help with this ?
New biz premium rises 23% in Q1 (09-07-2024)
Insurance companies reported nearly 23 per cent growth in first year premium in the first quarter of financial year 2024-25, when compared to the same period last year, with market leader LIC leading the charge with 28 per cent growth. According to the data released by the Life Insurance Council, the new business premium (NBP) increased by 22.91 per cent year-on-year (Y-o-Y) to ~89,726.7 crore in Q1FY25 from ~73,004.87 crore in Q1 FY24, reflecting a robust demand for insurance policies in the country.
RBI’s financial inclusion index spurts in quarter ended March 2024 (09-07-2024)
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