Latest Stock Market News

Indiamart has a dominant market share in B2B classified business with around 65 per cent market share in paid listings. The strength of the business model is visible in the 12 per cent CAGR growth in paying subscribers and 31 per cent CAGR growth in the number of registered buyers over

We have been able to execute pricing action given the input costs of edible oil which came down significantly during July-August and we are seeing much better results. Similarly, foods which had high base are doing well. I would see a gradual improvement in volumes. Q2 will definitely be much better than Q1 and then in Q3 and Q4, it will get normalised.

The RBI has hiked key policy rate by 140 basis points in May-August, to tackle elevated inflation and the next policy decision is due on Sep. 30. Apart from Indian inflation reading, traders will be keenly awaiting U.S. inflation data that is due on Tuesday.

Among the larger sectors, Utilities (16 per cent up) Autos (11 per cent up), Industrials (7 per cent up) and FMCG (4 per cent up) have outperformed while Realty (13 per cent down), materials (9 per cent down), IT (7 per cent down) and healthcare (3 per cent down) have disappointed. Banks have been broadly market performers.

As the world heads towards a slowdown, with share markets and few countries facing economic downturns, there are uncertainties and strong beliefs that have practically divided the world into optimists and pessimists.

As of 30-Jun-2022, promoters held 51.2 per cent stake in the company, while FIIs held 11.8 per cent and domestic institutional investors had 3.79 per cent.

Dolly Khanna held a 3.91 per cent stake or 2,27,252 equity shares of the company as of June 30, 2022, suggests the latest shareholding data.The company had also announced a bonus share issue in the ratio of 1:1, with the ex-date for the same as September 28 and the record date as 29 September.

Taurani said that content remains king and this acceptance will drive producers to make more sci-fi type films in hindi going ahead, along with cost and ROI economics for such large scale films remain to be a key monitorable. He continues to believe that full fledged recovery for box office may take some time, but quality content will help deliver positive surprises just like Brahmastra.

Edelweiss has a buy call on Adani Ports & Special Economic Zone with a target price of Rs 960.As per Trendlyne data, the highest target for Adani Ports & Special Economic Zone goes up to Rs 1,025. Out of 22 analysts covering the stock, 13 of them have a strong buy rating while only one has a sell rating.

For the quarter ended June 30, 2022, the company has reported a consolidated total income of Rs 94524.30 crore, down 12.51 per cent from last quarter total income of Rs 108034.68 crore and up 1.35 per cent from last year same quarter total income of Rs 93266.94 crore.