Devyani International reported a net loss of Rs 4.92 crore in Q2FY25, despite a 49% YoY revenue growth to Rs 1,222 crore. EBITDA margin declined to 16.3% from 18.3%. The company added 85 new stores and secured exclusive master franchise rights for three modern QSR brands: TeaLive, New York Fries, and Sanook Kitchen.
Posts in category All News
More young adults now prefer investing in stocks over mutual funds (11-11-2024)
Significant percentage of young adults are increasingly preferring to directly invest in equity markets rather than opting for the mutual fund route, a report has said.
According to the report by Fin One, an initiative of fintech brokerage firm Angel One, 93 per cent of young adults are consistent savers, with the majority saving 20-30 per cent of their monthly income.
Additionally, stocks have emerged as the preferred investment choice, with 45 per cent of respondents favoring them over more traditional options such as fixed deposits or gold, Fin One, an initiative of Angel One Ltd, said in its report.
As much as 58 per cent of young Indian investors currently invest in stocks, while 39 per cent favor mutual funds.
Safer options like fixed deposits (22 per cent) and recurring deposits (26 per cent) see relatively lower adoption, the brokerage firm said in its report.
This indicates a balanced approach between high returns and stable savings among the youth, it said.
The report d
Is the Indian stock market overheated? What the CAPE ratio tells us (11-11-2024)
The CAPE ratio suggests Indian stocks are overvalued, but India’s economic growth and increased foreign interest justify this to some extent. However, the CAPE ratio’s limitations, including its reliance on historical data and its inability to account for changes in market composition, should be considered. While a market correction is possible, long-term investors should focus on quality stocks and maintain a balanced, informed perspective.
Delhivery, RBL Bank: Trading guide for stocks where MFs raised stake in Q2 (11-11-2024)
Mutual Funds increased stake in 84 Nifty 500 stocks in the quarter ended September 2024; here’s a technical outlook on select 5 stocks for the likely trend ahead.
Jupiter Life rallies after Q2 PAT jumps 53% YoY to Rs 51 cr (11-11-2024)
Jupiter Life Line Hospitals jumped 4.43% to Rs 1,488.95 after the company’s consolidated net profit increased 52.91% to Rs 51.50 crore on 22.57% jump in revenue from operations to Rs 322.57 crore in Q2 FY25 over Q2 FY24.
BEML Q2 Results: Co reports marginal YoY decline in PAT, revenue falls 57% (11-11-2024)
BEML, the Miniratna company, reported a marginal 0.75% decline in its profit after tax (PAT) for Q2 FY2024, totaling Rs 51.03 crore, compared to Rs 51.78 crore in the same quarter last year. The company’s revenue from operations fell by 57% YoY.
Manappuram Finance (11-11-2024)
Structurally I have problem to envision for this to happen
Coz gold loans are not commodities, so it’s not like to like comparison
The major difference is in loan realisation amount the customer gets no matter how convenience on the delivery, banks ain’t gonna increase percentage of loan amount per gram meaningfully as long as this doesn’t change so does the consumer preferences.
Convience can’t disrupt here, due to the stringent regulatory measure, such highly regulated instruments like gold loan, until this gets relaxed.
If you ask me, I would say its safer for player like Manapuram, muthoot to enter after the banks enroll in this platform
Barometers trade with small cuts; metal shares under pressure (11-11-2024)
At 14:30 IST, the barometer index, the S&P BSE Sensex, was down 14.90 points or 0.02% to 79,483.07. The Nifty 50 index shed 4.70 points or 0.02% to 24,143.50.
MFs cast their lines for record Oct catch (11-11-2024)
Mutual funds (MFs) reinforced their record monthly inflows in October with an investment of Rs 87,000 crore (up to October 29), softening the downside pressure on domestic markets. Their prior record for monthly inflows was Rs 48,139 crore in May. This unprecedented monthly buying partially countered record monthly sales by foreign portfolio investors (FPIs) of Rs 1.1 trillion last month.