Category: Business & Economy

In New Delhi, some fast-moving consumer goods (FMCG) companies saw their shares rise on Monday. Here are some of the big winners:
– Tasty Bite Eatables Ltd. went up by 5.51%
– Heritage Foods Ltd. rose by 5.29%
– Euro India Fresh Foods Ltd. increased by 2.41%
– Parag Milk Foods Ltd. climbed by 2.33%
– Honasa Consumer Ltd. was up by 1.77%
– Other companies like Colgate-Palmolive(India) Ltd. (up 0.93%) and Bajaj Consumer Care Ltd. (up 0.90%) also saw gains.

However, some companies faced losses:
– Nakoda Group Of Industries Ltd. fell by 6.18%
– Future Consumer Ltd. lost 3.23%
– Patanjali Foods Ltd. decreased by 1.87%
– Other losers included Godrej Consumer Products Ltd. (down 1.78%) and Adani Wilmar Ltd. (down 1.65%).

In the broader market, the NSE Nifty50 index rose by 141.55 points to finish at 23,344.75 points, while the 30-share BSE Sensex gained 454.11 points to close at 77,073.44 points.

In Nifty, the top gaining stocks included:
– Kotak Mahindra Bank Ltd. (+9.21%)
– Wipro Ltd. (+6.5%)
– Bajaj Finance Ltd. (+3.6%), among others.

On the downside, some stocks underperformed:
– SBI Life Insurance Company Ltd. (-2.65%)
– Trent Ltd. (-2.04%)
– Shriram Finance Ltd. (-1.87%).

NEW DELHI: On Monday, many stocks fell more than 5% in Mumbai, even though the BSE Sensex rose by 273.73 points, reaching 76,893.06. This happened because big companies were popular among buyers.

Some of the stocks that dropped significantly include:
– Pearl Global: down by 13.80%
– Ravalgaon Sugar: down by 9.91%
– BLS International Services: down by 9.59%
– Hawa Engineers: down by 8.80%
– AVI Polymers Ltd.: down by 8.30%

In the Nifty index, there were 25 stocks that went up in value and 25 that went down. The Nifty index rose by 63.1 points, reaching 23,266.3.

Additionally, some companies, like Rose Merc. Ltd., Sterling Wilson Solar, SKIL Infrastructure, Union Quality, and Bheema Cements Ltd., reached their lowest values in the last year. On the other hand, Reliance Naval & Engineering, Ind-Agiv Commerce, Amal Ltd., Gujarat Hotels, and Nureca Ltd. set new records for their highest values in the last year.

Ankur Warikoo, a popular entrepreneur and content creator, recently talked about how he makes money and invests wisely. He shared his thoughts on X, explaining that too many people work just to earn a paycheck and end up feeling burned out. They should actually work hard to earn more money, he says. On the flip side, many people are overly involved in tracking their investments, which can be stressful.

Warikoo believes we should be active in finding ways to earn more money and take a relaxed approach to investing. Instead of constantly checking stocks or chasing high-risk ventures, he suggests putting money into simple, long-term options like SIPs (Systematic Investment Plans).

For 2024, Warikoo’s businesses made a total of ₹16.84 crore (about $2 million) from various sources:

– Speaking engagements: ₹2.38 crore ($280,000)
– Book royalties: ₹1.65 crore ($200,000)
– Brand partnerships: ₹2.76 crore ($325,000)
– His education platform WebVeda: ₹9.56 crore ($1.1 million)

He was amazed by his earnings, saying, “It’s crazy that I can earn this much for something I love.” However, he reminded everyone that this is before expenses like salaries and marketing. His profit is around 20-25% of the total revenue.

Warikoo also shared his investment portfolio, which is worth around ₹20 crore (about $2.35 million) and grew by 48% from the last year. He has:

– Mutual Funds: ₹70 lakh
– Portfolio Management Services: ₹8.13 crore
– Startup Debt: ₹1.62 crore
– Startup Equity: ₹3.49 crore
– Stocks in India: ₹95 lakh
– Stocks in the USA: ₹93 lakh
– Real Estate: ₹3.75 crore

Despite the aggressive growth, he spends less than five minutes each month managing his investments and prefers to leave it to experts.

He encouraged followers to be more active in their income generation and less worried about investments. “Don’t just settle for a salary. Keep hustling for more!” he said.

Warikoo’s company, co-owned with his wife, is divided into three parts:

1. Brand Warikoo: Focuses on creating content on platforms like YouTube, Instagram, and LinkedIn.
2. WebVeda: Offers educational material.
3. Investing: Puts profits back into different ventures.

Warikoo has a huge online presence with over 14.8 million followers across social media, including 6.58 million on YouTube and 3.71 million on Instagram.

The Cabinet Committee on Economic Affairs (CCEA) has approved a big plan worth Rs 11,440 crore to help Rashtriya Ispat Nigam Limited (RINL) recover. This plan includes putting in Rs 10,300 crore as new funds to bring the company back on track. The Union Steel Minister, H D Kumaraswamy, explained that there are also plans to combine KIOCL with NMDC in the future, and a decision about merging RINL with Steel Authority of India Limited (SAIL) will be made later.

RINL aims to reach a steel production of 14,000 metric tonnes by January and hopes to use 92.3% of its total production capacity soon. It can produce about 7.3 million tonnes of steel each year when fully running. Two of RINL’s blast furnaces will start working in January, and another one is set to begin by August 2025.

The money coming in also includes changing Rs 1,140 crore of a working loan into a special share that can be redeemed after 10 years to keep RINL running. RINL has already hit its borrowing limits with banks and cannot take out more loans. It has also defaulted on loan repayments in June 2024.

RINL owes around Rs 35,000 crore, but the Minister believes this can be paid off as the plant starts making money. Officials are hopeful that RINL will become profitable by the end of this year. The decision to revive RINL was made recently, and the Salem steel plant in Tamil Nadu will also be brought back to life. Kumaraswamy noted that there is a need for special types of steel in India.

Additionally, he mentioned the plan to merge KIOCL, which produces iron-oxide pellets, with NMDC, which meets about 20% of India’s iron ore needs.

NEW DELHI: On Friday, the Nifty Pharma index rose slightly as many pharmaceutical companies saw their stock prices increase. Abbott India Ltd. led the way with a 2.32% rise, followed by Mankind Pharma Ltd. (up 2.17%), Aurobindo Pharma Ltd. (up 1.91%), Laurus Labs Ltd. (up 1.8%), and Alkem Laboratories Ltd. (up 1.43%).

However, not all companies did well. J B Chemicals & Pharmaceuticals Ltd. dropped by 2.09%, Natco Pharma Ltd. fell 0.49%, Ipca Laboratories Ltd. went down 0.46%, Divi’s Laboratories Ltd. decreased by 0.16%, and Torrent Pharmaceuticals Ltd. was down 0.12%.

Overall, the Nifty Pharma index ended the day up by 0.69% at 22,061.70 points. The larger NSE Nifty50 index dropped by 108.6 points to close at 23,203.2, while the BSE Sensex fell by 423.49 points to finish at 76,619.33.

In the Nifty index, 29 out of 50 stocks rose, while 21 fell. Some of the most traded shares on the NSE today included Vodafone Idea, YES Bank, NBCC, Suzlon Energy, and Zomato.

Meanwhile, stocks from Bajaj Healthcare, Quadrant Future Tek, Ashapura Minechem, Aeroflex Industries, and Gujarat Apollo reached their highest values in the last 52 weeks. On the flip side, Noida Toll Bridge Co., Jai Corp, Axis Bank, Godavari Biorefinery, and Karda Const hit their lowest values in the same time period.

On Friday, some stocks saw a lot of action on the market. Here are the top stocks with the highest number of shares traded:

– Vodafone Idea: 48.59 crore shares
– YES Bank: 6.14 crore shares
– NBCC: 5.89 crore shares
– Filatex Fashions: 4.45 crore shares
– Suzlon Energy: 4.18 crore shares
– GTL Infra: 4.09 crore shares
– Zomato: 4.00 crore shares
– BLS International Services: 3.83 crore shares
– HFCL: 3.65 crore shares
– Axis Bank: 3.38 crore shares

While these stocks were popular, the overall market wasn’t doing so well. The NSE Nifty index dropped by 108.6 points, ending at 23,203.2, and the BSE Sensex went down by 423.49 points, finishing at 76,619.33.

Some big companies faced losses, including:

– Infosys Ltd.: down 5.86%
– Axis Bank Ltd.: down 4.53%
– Shriram Finance Ltd.: down 3.72%
– Kotak Mahindra Bank Ltd.: down 2.61%
– Mahindra & Mahindra Ltd.: down 2.13%

Keep an eye on these changes as they could impact future trading!

Kotak Mahindra Bank, India’s third-largest private bank, is likely to report a 9-11% growth in its earnings from interest in the last three months of 2024. Experts believe that the bank’s earnings from interest (known as net interest income or NII) could reach between Rs 7,140 crore and Rs 7,251 crore.

The bank’s profit is also anticipated to grow by around 9-11.3%, with estimates suggesting it could be between Rs 3,268 crore and Rs 3,345 crore. These predictions come from four financial research companies: Nomura, Citi, Emkay Research, and Elara Capital.

However, the bank’s net interest margin (NIM)—which shows how well it makes money from the difference between what it pays for deposits and what it earns from loans—might drop. This is happening because of a weaker CASA (Current Account Savings Account) ratio.

Experts say that the bank will have to set aside more money for bad loans because of rising unpaid loans in unsecured categories like retail and microfinance. Kotak will reveal its quarterly earning report on Saturday, January 18.

Brokerage Predictions:

– Nomura: Predicts NII will grow by 9%, reaching Rs 7,140 crore. Profit might be around Rs 3,340 crore, up 11% from last year. They expect the NIM to drop to 4.9%.

– Citi: Expects NII to be Rs 7,133 crore, an increase of 9%. However, profit could drop 2% from last quarter to Rs 3,268 crore.

– Emkay Research: Sees NII hitting Rs 7,251 crore, with profit possibly at Rs 3,345 crore.

– Elara Capital: Projects NII at Rs 7,175 crore, with a 11% profit increase to Rs 3,329 crore.

Today, shares of Shree Cements Ltd. are trading at Rs 25,283.45 on the Bombay Stock Exchange (BSE) as of 12:48 PM (IST). This is a 0.49% change from the previous day’s closing price.

The stock has experienced a 52-week low of Rs 23,500.15 and a high of Rs 30,710.15. It started the day with a gap down opening, meaning it opened lower than its previous close. By lunchtime, about 43 lakh (4.3 million) shares were traded.

Shree Cements has a total market cap of Rs 91,224.58 crore. The price-to-earnings (P/E) ratio is 52.68, and the price-to-book value ratio is 4.48, which helps to understand how the stock is valued compared to its earnings and assets. The return on equity (ROE) is at 11.57%, indicating company profitability.

Among the 500 stocks in the BSE500 group, 254 stocks have gained in value, while 245 have lost value. The stock’s beta value is 1.1597, showing that it is slightly more volatile than the overall market.

As of December 31, 2024, promoters own 62.55% of the company, while foreign institutional investors have 9.88% and domestic institutional investors hold 9.89%.

Moving Average Trends:
– The 200-day moving average (200-DMA) is Rs 25,880.65.
– The 50-day moving average (50-DMA) is Rs 25,946.76.

If a stock trades below both moving averages, it could mean it is in a bearish trend (falling prices). If it is between the two averages, the stock’s direction can change either way.

NEW DELHI: Tata Elxsi Ltd.’s shares barely moved today, trading at 0.04% higher by 12:02 PM (IST). Around 7,443 shares were bought and sold. The stock opened at Rs 6,199.70 and reached a high of Rs 6,250.00 and a low of Rs 6,144.70 during the day. The company’s shares hit a 52-week peak of Rs 9,082.90 and a low of Rs 5,924.00.

As of now, Tata Elxsi Ltd. has a total market value of Rs 38,502.32 crore. In their most recent quarter ending on December 31, 2024, the company made Rs 979.02 crore in sales. This is a slightly lower number than the last quarter (Rs 1,019.39 crore) and last year (Rs 949.16 crore). The company’s profit for this quarter was Rs 199.01 crore, which is a bit higher than last year’s profit for the same quarter.

In terms of share ownership, as of December 31, 2024, domestic investors owned 1.87% of the company, foreign investors held 13.27%, and promoters owned 43.91%.

Looking at its value, Tata Elxsi’s shares are priced at a P/E ratio of 47.57 and a price-to-book ratio of 19.34. A high P/E ratio means that investors believe in the company’s future growth and are willing to pay more for its shares. The price-to-book ratio shows what investors are ready to pay for the company’s value even if it isn’t growing that fast right now.

Tata Elxsi Ltd. operates in the IT Consulting and Software sector and is considered a mid-cap company.

At 11:06 AM on January 17, these are the most traded stocks on the National Stock Exchange (NSE):

– Reliance Industries: ₹1,936.56 crore
– Infosys: ₹1,561.94 crore
– Axis Bank: ₹1,379.66 crore
– Kalyan Jewellers: ₹763.96 crore
– RVNL: ₹727.66 crore
– One Mobikwik Systems: ₹543.15 crore
– GSPL: ₹533.05 crore
– Zomato: ₹444.62 crore
– HAL: ₹413.69 crore
– HDFC Bank: ₹406.20 crore

At this same time, the NSE Nifty index was down by 197.5 points, sitting at 23,114.3. The BSE Sensex was also down by 726.88 points, at 76,315.94.

Some stocks were rising, like:
– Hindalco Industries (+2.01%)
– Reliance Industries (+1.73%)
– Bharat Petroleum (+1.50%)
– Nestle India (+1.45%)
– Coal India (+1.36%)

However, some stocks took a hit:
– Infosys (-5.91%)
– Axis Bank (-5.86%)
– Kotak Mahindra Bank (-2.47%)
– ICICI Bank (-2.36%)
– Mahindra & Mahindra (-2.15%)

This shows that while some companies are doing well, others are struggling right now.