IPO Review: Paradeep Phosphates Ltd
Moneylife Digital Team 17 May 2022
Paradeep Phosphates Ltd (PPL) makes a variety of complex fertilisers, such as diammonium phosphate (DAP); three grades of nitrogen-phosphorus-potassium (NPK) fertilisers: NPK-10, NPK-12 and NP-20; zypmite, phospho-gypsum and hydrofluorosilicic acid (HFSA). It is also engaged in trading, distribution and sales of muriate of potash (MOP), ammonia, specialty plant nutrients (SPN) and city compost....
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Ramkrishna Forgings: March ’22 Results Update
Moneylife Digital Team 13 May 2022
Ramkrishna Forgings Ltd (RKLF) came out with a very good set of numbers and the management gave a robust guidance for FY22-23. We had covered the company here earlier. RKLF is India’s second-largest manufacturer and exporter of...
Weekly Moneylife Indices & Sector Trends
Moneylife Digital Team 13 May 2022
INDIAN MARKET TRENDS
From 6th May to 12 May 2022, Sensex, the NIFTY, ML Mega-cap Index, ML Large-cap Index and ML Mid-cap Index fell 3%, 4%, 5%, 7% and 9%, respectively. ML Micro-cap Index and ML Small-cap Index fell 10%...
Devyani International: March ’22 Results Update
Moneylife Digital Team 13 May 2022
Devyani International (Devyani) reported a good quarter, withstanding the effects of inflation as well as January and February COVID impact. Its sales grew by 36%, operating profit grew by 19% and the net profit grew by 24.6% on a...
Borosil Renewables: March ’22 Results Update
Moneylife Digital Team 13 May 2022
Borosil Renewables reported gross quarterly revenue of Rs179 crore, up 6% quarter-on-quarter (q-o-q) but down 8% year-on-year (y-o-y). Operating profit was Rs59 crore down 16% q-o-q and 43% y-o-y and net profit was Rs46 crore,...
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