Issue of 23rd Jan-29th Jan 2023
LEAD ARTICLE
Online Moneylife Magazine
Wealth Creators 2012-2022 -Part 4 - Top-101 to Top-200
This is the fourth edition of our Wealth Creators (WC) series. In case you missed the earlier parts; you may read here: Part 1, Part 2 and Part 3. In the previous three issues; we first rounded up the market movement in the past decade, listed top-10 wealth creator stocks (multi-baggers) and discussed them in detail. Thereafter, in the... Read More
Pratibha Kamath and
Sher Singh Yadav
CROSSHAIRS
The Securities and Exchange Board of India (SEBI) has sought feedback on complaint handling by market intermediaries (MIs) and market infrastructure institutions (MIIs). The Investor Education and Protection Fund Authority (IEPFA), which impounds unclaimed funds, wants feedback on plans to...
STOCKS
Solar Industries India (Solar), once again, revised its guidance upwards on the back of strong growth prospects and healthy numbers in Q3FY22-23. In the December quarter, sales rose by 78% y-o-y (year-on-year) to Rs1,812 crore, led by higher realisations and growth in export markets and...
Moneylife Digital Team
Tips Industries Ltd (TIL) announced its results for Q3FY22-23 on 23 January 2023. We had discussed TIL’s business and the special situation in detail in May 2021 (https://bit.ly/3II5KZ4).    TIL’s net sales...
Moneylife Digital Team
Ramkrishna Forgings Ltd (RKFL) reported a strong set of numbers for Q3FY22-23 on account of steady growth in the commercial vehicles (CV) segment, led by high utilisation resulting from increased economic and infrastructure activity. The management was confident about the business growth...
Moneylife Digital Team
Newgen reported gross quarterly revenue of Rs255 crore, up 12.83% quarter-on-quarter (q-o-q) and 25.61% year-on-year (y-o-y). Operating profit was Rs59 crore—up 55.26% q-o-q and 1.72% y-o-y—and net profit was Rs48 crore—up 60% q-o-q and 2.17% y-o-y. The annuity segment grew 38% y-o-y and...
Moneylife Digital Team
Shoppers Stop (SS) came up with strong Q3FY22-23 results. Higher sales were driven by strong private label sales and volume increase. Shoppers Stop is one of the leading department stores operators, mainly in the fashion and beauty segment. Spread across 96 department stores in 50 cities, the...
Moneylife Digital Team
Granules India (Granules) continues to report healthy numbers y-o-y (year-on-year). We had earlier covered Granules in detail here. In Q3FY22-23, revenue was up by 15% y-o-y to Rs1,146 crore, driven by strong demand in paracetamol. With supply issues far behind with regard to its raw...
Moneylife Digital Team
Polycab reported gross quarterly revenue of Rs3,715 crore, up 11.5% quarter-on-quarter (q-o-q) and 10.17% year-on-year (y-o-y). Operating profit was Rs503 crore—up 17.8% q-o-q and 38.95% y-o-y—and net profit was Rs361 crore—up 33.70% q-o-q and 14.24% y-o-y. The wires & cables segment...
Moneylife Digital Team
MUTUAL FUNDS
The post-COVID rally in equity markets brought an initial public offer (IPO) fever which has led to erosion of wealth for many retail investors who invested in IPOs directly or through their mutual funds (MFs). The year 2021 witnessed the highest-ever amount raised by companies collectively...
Moneylife Digital Team
HEALTH
Long-term management of type-2 diabetes can be improved by following a strict low carbohydrate diet, a new study, conducted by physicians of Norwood Surgery in  United Kingdom, has found.    Published in the journal BMJ Nutrition, Prevention & Health, the study showed that a low-carb...
Akshay Naik
MONEY FACTS
Free Helpline
Legal Credit
Feedback