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Tata Communications, incorporated in the year 1986, is a Mid Cap company (having a market cap of Rs 35555.18 Crore) operating in Telecommunications sector.

In the recent third quarter, Bajaj Finance reported its highest-ever consolidated quarterly profit after tax of Rs 2,973 crore, registering a growth of 40% year-on-year. The net interest income (NII) for the same period increased by 24% to Rs 7,435 crore.

Mark Matthews, MD at Julius Baer, predicts that mega-cap technology stocks will continue to lead the market and the market will likely keep rising, as these quality growth stocks will not lose steam. Regarding the Indian market, Matthews believes the worst is over and earnings growth looks strong with robust valuation. He suggests quality growth stocks, such as Tata Consumer and banks, which are popular worldwide.

"We continue to strengthen our leadership in offline payments, with 6.8 million merchants now paying subscriptions for payment devices, an increase of 1.0 million in the quarter ended March 2023. With our subscription as a service model, the strong adoption of devices drives subscription revenues and higher payment volumes, while increasing the funnel for our merchant loan distribution,” the filing said further

So, what happened in the last 50 years is going to happen in the next five years, which means more milk will flow into the organised sector and that will bring in more business opportunities for all the brands associated with cooperatives across the country.

The Nifty Auto index was trading 0.41 per cent down at 12374.7.

The overall container volumes handled by APSEZ in India jumped to 8.6 MTUs (+5% YoY), including 6.6 MTEUs at Mundra alone. “It continues to be India’s largest seaport with about 155 MMT of total cargo handled during the year. The logistics business segment also had a record year. The container rakes handled during the year achieved a new milestone crossing 500,000 TEUs (+ 24% Y-o-Y), while the bulk cargo transported exceeded 14 MMT, implying 62% YoY jump,” the company said

The stock quoted a 52-week high price of Rs 1715.4 and a 52-week low of Rs 1005.7.

We have a portfolio which is quite a balanced portfolio. Fresh products, which is actually the best form of value addition, which means you sell milk, buttermilk, curd, paneer, fresh every day morning with a very high turnover.

For the quarter ended December, Tata Steel, the country’s largest steel producer, reported a consolidated net loss of Rs 2,223 crore primarily because of weak profitability both in India and Europe businesses. The steel maker’s operating margin shrunk to 7.3% from as high as 26% a year ago.