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Paytm parent’s consolidated revenue from operations increased by 42% year-on-year (YoY) to 2,062 crore, driven by an increase in merchant subscription revenues, growth in loan distribution and momentum in the commerce business.

One97 Communications key Products/Revenue Segments include Sale of services and Other Operating Revenue for the year ending 31-Mar-2022.

For the India business, the company has reported a profit of Rs 1,918 crore with a revenue of Rs 32,325 crore for the period under review. India deliveries stood at 4.74 million tonnes, and were up 7% YoY, primarily driven by 11% growth in domestic deliveries, which has also enabled an improvement in product mix.

JM Financial maintains ADD rating & value the company at 30x 1HFY25E EPS to Rs1,014 (earlier TP of Rs965).

"Over the next three months, you could start seeing some support for the rupee come back again and the reason for that could be the Fed finally signals that it is going to pause," said Sakshi Gupta, principal India economist at HDFC Bank.

Order book remains strong at ~Rs9bn (0.7x TTM revenue) as on 3QFY23, providing revenue visibility for the next few quarters.

Promoters held 0 per cent stake in the company as of 31-Dec-2022, while FIIs owned 6.68 per cent, DIIs 1.87 per cent.

As of December 2022, the total FII ownership in Reliance Industries stood at 23.48%, and for six quarters in a row, this investor community has reduced its holdings.

JPMorgan maintained an overweight rating on Tata Steel with a target price of Rs 140. “Large PAT loss was driven by inventory NRV hit in Europe,” JPMorgan said.

Varun Beverages, incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 83538.58 Crore) operating in FMCG sector.