Author: Sarita Jena

  • Varun Beverages Stock Drops: Key Insights and Financial Highlights

    Varun Beverages Stock Drops: Key Insights and Financial Highlights

    Varun Beverages Ltd. saw its share price drop by 3.65%, bringing it down to Rs 628.45 during Monday trading at 01:38 PM (IST). The highest price for the day was Rs 645.85, while the lowest was Rs 627.10. In the last trading session, the stock was at Rs 652.30.

    So far today, there have been many shares traded with a total turnover of Rs 12.78 crore on the BSE. The company’s price-to-earnings (P/E) ratio is 83.76, meaning investors believe the company will grow in the future, and they are willing to pay more for its current earnings. Also, the price-to-book (P/B) ratio of 23.16 shows how much investors think the company is worth, even if it doesn’t grow.

    Varun Beverages Ltd. operates within the FMCG (Fast-Moving Consumer Goods) Food & Beverages industry. As of September 30, 2024, promoters owned 62.66% of the company. Foreign Institutional Investors (FIIs) had a share of 24.18%, and domestic investors owned 4.93%.

    Looking at the company’s financial health, Varun Beverages reported consolidated sales of Rs 4828.93 crore for the quarter ending September 30, 2024. This is down by 33.31% compared to the previous quarter, which saw Rs 7240.89 crore. However, sales are up by 24.17% from the same time last year when they were Rs 3889.02 crore. The company earned Rs 619.61 crore this quarter, which is 23.66% more than last year’s quarterly earnings.

  • Reactions to Kangana’s ‘Emergency’ Trailer: Masterpiece or Not?

    Reactions to Kangana’s ‘Emergency’ Trailer: Masterpiece or Not?

    The trailer for Kangana Ranaut’s much-anticipated film “Emergency” was released on Monday, and fans have shared their thoughts on social media. Many people are calling it a “cinematic masterpiece” and say it could be one of Kangana’s best performances yet.

    On X (formerly Twitter), a fan wrote, “This trailer is so captivating! The acting is powerful, and it shows an important part of India’s history!” Another commented, “Kangana as Indira Gandhi looks amazing! I can’t wait to see this bold take on history.” There were also praises for her acting skills, with one fan stating, “No matter what you think of her, she always delivers great performances.”

    However, not everyone liked the trailer. Some comments were critical, with one person saying, “17 flop loading for Kangana,” and another wrote, “Get ready for another flop.” A few viewers mentioned that they found her accent not quite right for the role, with comments like “Her accent ruined the whole trailer.”

    Kangana plays former Prime Minister Indira Gandhi in the film, which has now been delayed from its original release date of September 6, 2024. It will now be released on January 17. In a statement, Kangana said, “I’m excited for our film to finally be in theaters. It’s a story about a significant time in our history, and it comes out right before Republic Day, a great time for reflection.”

    About the Movie:
    “Emergency” tells the story of the emergency period in India between 1975 and 1977, featuring a star cast including Anupam Kher and Milind Soman.

  • Understanding Food Inflation and Its Impact on Consumer Choices

    Understanding Food Inflation and Its Impact on Consumer Choices

    Food prices in India have been rising, but they actually peaked in November. Amnish Aggarwal from Prabhuda Lilladher explains that even though people hoped that buying would go up during the festivals or because of good rain, that didn’t happen. Demand for everyday items is still low since many people are struggling with higher food prices.

    Aggarwal points out that while people are spending more on things like jewelry, basic food items are still hard for many to afford. For example, edible oil prices increased towards the end of September, leading to higher prices at stores. Due to the inconsistent price changes, it’s hard to expect a big increase in the quantity of goods sold.

    In terms of quick-service restaurants (QSRs) like Domino’s, which reported a strong boost in sales recently, the competition is still fierce. Many fast-food chains have managed to keep prices reasonable and attract customers again.

    When we look at items people do enjoy, like jewelry and luxury cars, those sales are showing a good increase. This indicates that wealthier people are still spending, while those who rely on everyday staples are facing struggles.

    As for future demand, it may take time for increased wages and decreased inflation to positively impact consumers. Companies in the fast-moving consumer goods (FMCG) sector may get some relief when prices balance out, likely by the end of the fourth quarter of this financial year. So, it might take another quarter for things to improve.

    Regarding ITC Hotels, their stock price fell to around ₹450-₹460, which many people see as a good opportunity to buy, especially if prices stabilize without major tax changes.

  • Biden Awards Soros: Trump Allies Outraged!

    Biden Awards Soros: Trump Allies Outraged!

    Republicans and supporters of president-elect Donald Trump are upset with outgoing President Joe Biden for giving a special award to businessman and philanthropist George Soros. On Sunday, Biden awarded Soros, along with 18 others, the Presidential Medal of Freedom, which is the highest civilian award in the United States. Other awardees included Hillary Clinton, soccer star Lionel Messi, Bono from the band U2, and actor Denzel Washington.

    George Soros’ son, Alex Soros, accepted the award for his father. The White House explained that Soros’ charity, the Open Society Foundation, helps promote democracy, human rights, education, and social justice around the world.

    Some people were unhappy about the award, especially Donald Trump Jr., who commented on a video showing a pizza delivery man saving lives from a fire. He said, “This guy deserves the Presidential Medal of Freedom… Not clowns like Soros and others who got it this week.”

    Vice-president-elect JD Vance joked on social media about Biden giving awards to other controversial figures, saying he can’t wait for Biden to give awards to even worse people.

    Republican leader Nikki Haley showed her anger on social media too, saying giving Soros the Medal of Freedom was a “slap in the face” to America. She added that there are still 16 days before Trump takes office and worried about what else Biden might do.

    Tesla CEO Elon Musk also criticized the award, calling it “a travesty” and stating that Soros “fundamentally hates humanity” and is harming society.

  • India’s Stock Market Declines for the First Time in 2025

    India’s Stock Market Declines for the First Time in 2025

    On Friday, India’s main stock markets finished lower, marking the first drop of 2025 after two days of gains. The decline was mainly due to falls in big companies in finance and IT as investors became cautious before the upcoming earnings announcements next week.

    The benchmark BSE Sensex dropped by 720.60 points, which is 0.90%, ending the day at 79,223.11. The Nifty 50 index also fell by 183.90 points or 0.76%, closing at 24,004.75.

    Vinod Nair, the Head of Research at Geojit Financial Services, indicated that the market is in a “sell-on-rally” mode due to a strong U.S. dollar and high valuations, leading to a shift towards investing in various assets. He mentioned that reducing jobless claims in the U.S. and possible policy changes suggest that the Federal Reserve may not lower interest rates anytime soon. Looking forward, the market is expected to focus on the third-quarter earnings, hoping for an improvement compared to the previous quarter.

    In the U.S., stock markets bounced back on Friday with positive news about Federal Reserve rate cuts and business-friendly policies. The Dow Jones picked up 339.86 points or 0.80%, while the S&P 500 climbed by 73.92 points or 1.26%. The Nasdaq also rose by 340.88 points or 1.77%.

    European stocks, on the other hand, ended in the red, affected by losses in luxury goods and spirits companies. The STOXX 600 index dropped by 0.5% amid light trading after the New Year holidays.

    From a technical perspective, the Nifty index couldn’t surpass the 50 EMA on daily charts, leading to a correction. However, Rupak De from LKP Securities noted that sentiment remains positive as the index stayed above 24,000. On the upside, if it passes 24,220, it could reach 24,500. Conversely, dropping below 24,000 could push it down to 23,700.

    Most Active Stocks
    In terms of trade value, the most active stocks included ITI Ltd, Avenue Supermart, HDFC Bank, Tata Motors, Reliance Industries, ITC, and ICICI Bank.

    Most Traded by Volume
    The highest traded stocks by volume were Vodafone Idea, YES Bank, ITI Ltd, Bank of Maharashtra, ONGC, Zomato, and Suzlon Energy.

    Stocks With Buying Interest
    Demand was high for stocks like ITI Ltd, Saregama India, Avenue Supermart, and PTC Industries.

    52-Week Highs and Lows
    199 stocks reached their 52-week highs, including ITI Ltd and Lloyds Metals. Meanwhile, 23 stocks hit their 52-week lows.

    Stocks Facing Selling Pressure
    Stocks like Zomato, Tanla Platforms, and Ajanta Pharma saw significant selling.

    Market Sentiment
    Overall, market sentiment was neutral. Of the 4,103 stocks on the BSE, 1,965 declined, while 2,032 advanced, and 106 remained the same.

  • Nifty Realty Update: Top Gainers and Losers of the Day

    Nifty Realty Update: Top Gainers and Losers of the Day

    NEW DELHI: On Friday, the Nifty Realty index saw mixed results. Some stocks did well while others struggled. Among the top gainers, Macrotech Developers rose by 1.95%, Brigade Enterprises climbed by 1.41%, Raymond increased by 0.5%, and Mahindra Lifespace Developers added 0.23%.

    On the flip side, Godrej Properties fell by 2.77%, Phoenix Mills dropped by 1.77%, Oberoi Realty decreased by 1.19%, DLF went down by 0.88%, and Prestige Estates slipped by 0.38%.

    The Nifty Realty index ended the day up by 0.62%, closing at 1045.10. The main NSE Nifty50 index dropped by 183.91 points, landing at 24004.75, while the BSE Sensex fell by 720.6 points to reach 79223.11. Among the 50 stocks in the Nifty, 21 saw price increases, while 29 experienced declines.

    Some of the most actively traded stocks included Vodafone Idea, Vishal Mega Mart, YES Bank, ITI Ltd, and Bank of Maharashtra. Additionally, five stocks hit new 52-week highs: ITI Ltd, Avonmore Capital, Dev Information Tech, Deccan Cements, and Lloyds Metals. Meanwhile, Spacenet Enterprise, Jai Corp, Aki India, Astral Poly Tech, and Global Surfaces reached new 52-week lows.

  • Ketan Parekh Banned by SEBI: New Scandal Unfolds!

    Ketan Parekh Banned by SEBI: New Scandal Unfolds!

    The Securities and Exchange Board of India (SEBI) has stopped former stock broker Ketan Parekh from buying or selling stocks again. This is because he is accused of using secret information to make trades for a US-based fund, as reported by Bloomberg.

    In the early 2000s, Parekh was involved in one of India’s biggest financial scandals. SEBI looked into his trades and the trades of those connected to him for two years, ending in June 2023. The investigation found that Parekh got confidential information about a big US fund’s trades from Rohit Salgaocar, who was based in Singapore. Salgaocar had an agreement to send trades of this fund to Motilal Oswal Financial Services Ltd. and NiftyStat.

    After getting this information, Parekh shared it with his friends to make a profit before the actual trades happened. SEBI member Kamlesh Varshney explained this in the order released on January 2, 2025.

    In 2003, SEBI had banned Parekh for 14 years because he was found guilty of insider trading, price manipulation, and unfairly using bank funds for stock trading. His actions caused a stock market crash in February and March 2001. SEBI has also ordered that about ₹65.80 crore in illegal profits made by those involved in this scam be returned.

    Parekh and 21 others mentioned in the SEBI report have 21 days to respond to these allegations.

  • Save Up to 65% During Amazon’s Home Shopping Spree – Shop Now!

    Save Up to 65% During Amazon’s Home Shopping Spree – Shop Now!

    Amazon’s “Home Shopping Spree” is now live, bringing you awesome discounts on home and kitchen gadgets! From heaters to air purifiers and vacuum cleaners, you’ll find everything you need to make life at home easier and more comfortable.

    Why Shop Now?

    The sale runs from January 3rd to January 7th, so don’t wait! You can get up to 65% off on top brands, which means you can buy things like warm room heaters for chilly days, water purifiers to keep your family healthy, and air fryers for tasty, healthier meals.

    Special Offers on Instant and Storage Geysers

    Check out the great deals on instant geysers! They heat water quickly, saving time and energy. There are also discounts on storage geysers that keep water hot when you need it. It’s a perfect time to upgrade your geysers with prices slashed up to 65% off.

    Hot Deals on Gas Geysers!

    Discover reliable gas geysers that heat water fast. They’re perfect for your bathroom and work well even when you need hot water often.

    Warm Up with Room Heaters

    Browse a fantastic range of room heaters designed to keep you snug during winter. There are options for rooms of all sizes, so you’ll find one that’s just right for you.

    Breathe Clean Air with Air Purifiers

    Stay healthy at home with air purifiers from brands like Philips and Dyson. They help remove dust and allergens from the air, making your living space better for everyone.

    Cook Smart with Air Fryers

    Want to make your favorite fried foods with less oil? Check out air fryers from brands like Philips and Agaro. They make cooking easier and fun!

    Must-Have Kitchen Items

    Don’t forget about mixer grinders for smooth blending and electric kettles for quickly boiling water on cold days. These kitchen tools make cooking a breeze.

    Keep Your Home Clean with Vacuum Cleaners

    You’ll find great choices for vacuum cleaners, whether you need one for tough messes or something lightweight for simple cleanup.

    Take advantage of the amazing deals during the Amazon Home Shopping Spree. It’s the ideal chance to get home appliances you need, all at surprising prices!

  • Fertilizer Stocks Update: Top Gainers and Losers on Friday

    Fertilizer Stocks Update: Top Gainers and Losers on Friday

    On Friday, fertilizer company stocks had a great day! Mangalore Chemicals & Fertilizers Ltd. jumped by 6.56%, while Paradeep Phosphates Ltd. increased by 5.62%. Other gains included Aries Agro Ltd. (up 4.37%), Rama Phosphates Ltd. (up 2.94%), and Agro Phos India Ltd. (up 1.63%).

    However, not all companies did well. Sikko Industries Ltd. fell by 3.89%, and The Fertilisers and Chemicals Travancore Ltd. dropped by 3.23%. Some took a hit, like Gujarat Narmada Valley Fertilizers & Chemicals Ltd. (down 1.28%) and Deepak Fertilisers & Petrochemicals Corporation Ltd. (down 1.24%).

    In the bigger market, the NSE Nifty50 index went down by 183.91 points to close at 24,004.75, while the BSE Sensex dropped 720.6 points to settle at 79,223.11.

    In other sectors, Oil and Natural Gas Corporation Ltd. was one of the winners, rising by 5.21%. Tata Motors Ltd. also had a good day, increasing by 3.32%. Other gainers included Titan Company Ltd. (up 1.86%) and SBI Life Insurance Company Ltd. (up 1.79%).

    On the downside, Wipro Ltd. saw a 3.08% decrease, and HDFC Bank Ltd. fell by 2.49%.

  • How Trump’s Leadership Could Change Ukraine’s War with Russia

    How Trump’s Leadership Could Change Ukraine’s War with Russia

    U.S. President-elect Donald Trump is seen as strong and unpredictable, which could play a big role in dealing with Russia’s invasion of Ukraine, according to Ukrainian President Volodymyr Zelenskyy. However, Zelenskyy pointed out that ending the nearly three-year-long war won’t happen overnight, even though Trump had said it could during his campaign.

    Zelenskyy believes that if Trump takes a strong stand, the fighting might stop faster. Trump, who will start his presidency on January 20, has not said much about his plans for Ukraine, leading many to wonder if the U.S. will keep being Ukraine’s main military supporter. Zelenskyy wants to make sure that the support from the U.S. continues, and he even met with Trump before the election in November.

    As the war approaches four years, how it might end is becoming more urgent. Right now, Russia has taken control of about one-fifth of Ukraine, and last year, they made gains in the eastern part of the country despite suffering heavy losses. Ukraine is running low on resources and needs ongoing help from allies.

    Trump seemed open to the idea of sending Western peacekeepers to Ukraine, as suggested by French President Emmanuel Macron, to help stop the fighting. However, Zelenskyy raised concerns about which countries would participate and if the U.S. would be involved.

    Zelenskyy is determined for Ukraine to eventually join NATO, but NATO countries have said that this won’t happen until the war is over. He also stated that sending European troops to help keep peace in Ukraine should not prevent Ukraine’s NATO aspirations.

    Zelenskyy mentioned that a recent Ukrainian attack into Russia’s Kursk region could be a strong point in future peace talks. Ukraine managed to capture some of Kursk last August, marking the first time since World War II that Ukraine has occupied Russian land. However, this did not significantly change the war’s outcome, and analysts say Ukraine has lost around 40% of the land it once captured. Still, Zelenskyy noted that this move impressed many countries in Asia, South America, and Africa, while also hurting Russia’s military reputation.