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Data sourced from the National Securities Depositories Ltd and the Clearing Corporation of India shows that in the equity market, foreign institutional investors have extended the selling spree they embarked on over the last three months of 2021 to the current month, with net sales of Rs 8,791 crore from December 31 to January 21.

As of 31-Dec-2021, promoters held 28.33 per cent stake in the company, while FIIs held 33.21 per cent and domestic institutional investors had 11.64 per cent.

ICICI Bank on Saturday reported an 18.8 per cent jump in its December quarter consolidated net profit to Rs 6,536.55 crore, aided by growth in interest income and decline in provisions.

Despite the uptick in average revenue per user (ARPU) to Rs 115 from 109 in Q2, overall revenues took a dip as well when compared to the same period last year.

“The pockets have changed and sector rotation will play a bigger role. Don’t go too long in 2022. Capitalise on short term opportunities and not take everything from a three or five year perspective. Make sure short term and medium term horizons have a large weightage in the portfolio. That is the way I believe 2022 will be.”

Inox Leisure Ltd., incorporated in the year 1999, is a Mid Cap company (having a market cap of Rs 4651.33 Crore) operating in Media & Entertainment sector.

These 25 stocks have rallied between 100-160 per cent since January 1, 2022, suggests data available with ACE Equity. Ten other names have rallied more than 90 per cent during the period under review. This is at a time when the recent selloff has shaved off gains for BSE Sensex and NSE Nifty, with both turning flat on a year-to-date (YTD) basis.

A decline in subscribers for the second consecutive quarter poses a key risk, JM Financial said, even as they were low-ARPU (average revenue per user) inactive subscribers.

“Margins will continue to show a smooth upward trend. We have done fairly well in this quarter on a standalone basis. We have gone up from 26.4% to 26.8% and on a nine month basis, there has been an improvement in margin from 25.6% to 26.5% and consequently a growth in our VNB by 26%.”

A meeting of the Board of Directors was scheduled to be held on January 22, 2022, however, as the company did not have quorum in compliance of SEBI (LODR) Regulations, 2015, therefore, the same could not be held, the filing said.