Back in January 2021, when conglomerate Aditya Birla Group announced its big-bang entry into the stable paints industry with a massive capex subsequently increased to Rs 10,000 crore, the clear target was market leader Asian Paints, which dominated over half of the market share in decorative paints. Analysts had then started calling it the Jio…
Shares of Hyundai Motor India Ltd could fall over 26% from current levels, says domestic brokerage InCred Equities, while maintaining its Reduce call on the counter. Analysts have assigned a target price of Rs 2,023 per share, significantly lower than the previous close of Rs 2,737 per share. The brokerage believes that the government’s recent…
Even as banks tread cautiously on personal loan disbursements, non-bank lenders are rapidly capturing market share in the segment. According to data from credit bureau CRIF and brokerage house Nomura, NBFCs’ share in new personal loan originations by value rose to 41% as of June 2025 from 27% two years earlier. In terms of volume,…
Shopify has emerged as a global leader in the e-commerce space, showcasing an impressive track record of growth and innovation. Handling nearly $950 billion in transactions across 175 countries, Shopify facilitates more online sales than industry giants like eBay, Target, The Home Depot, and Best Buy combined. Its significant market presence and rapid growth make…
Sun Pharma reported a 28% year-on-year (YoY) jump in net profit to Rs 3040 crore in Q2FY25 led by higher sales growth in domestic formulation and global specialty portfolio. The company reported net profit of Rs 2375.5 crore during the corresponding quarter of the previous year. Revenue rose 10.5% YoY to Rs. 13,264 crore in…
Natera, a leading company in genetic testing, experienced a notable stock price increase as of October 2, 2024, despite no specific event or news directly explaining the rise. Natera stock is testing a major breakout level at new all-time highs. This article Natera’s 58% revenue growth isn’t just impressive—it’s destroying the competition 💰 appeared first…
Multibaggers Kfin Technologies and Computer Age Management Services (CAMS) are in a sweet spot, notwithstanding the stellar rally in the stocks in the last one year. The duopolistic nature of their business as Registrar and Transfer Agencies (RTAs) along with the booming domestic mutual fund growth story, discounts the current rich valuations and a potential…
Budget carrier SpiceJet, which opened its qualified institutional placement (QIP), received strong investor response, with marquee investors including the family office of Madhu Kela subscribing to the issue, according to sources. The company planned to raise around Rs 3,000 crore through the QIP, but the offers received exceeded the amount, highlighting confidence in the airline’s…
Prudent Corporate Advisory Services, an independent retail wealth management services group, has reported a 51% year-on-year increase in revenue from operations, reaching Rs 249.4 crores for the quarter ended June 2024. The company achieved a net profit of Rs 44 crores for the June quarter, marking a 57% growth compared to the same period last…
SaaS fintech platform Zaggle Prepaid Ocean Services on Thursday said its consolidated net profit more than doubled to Rs 19.15 crore in the March 2024 quarter. The company had reported a net profit of Rs 7.56 crore in the year-ago period, according to a regulatory filing. During the quarter under review, the company’s operating revenue…