Sapphire Foods India: Sept ’22 Results Update
Moneylife Digital Team 22 November 2022
Sapphire Foods India (Sapphire), a franchisee of Yum Brands, operates on a non-exclusive basis in India. It operates brands such as KFC, Pizza Hut (PH) and Taco Bell in several states in India and across Sri Lanka and the Maldives. It reported its highest-ever revenue in Q2FY22-23 with a 36% year-on-year (y-o-y) growth and 3% sequential growth. Operating profit almost doubled y-o-y but...
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Weekly Moneylife Indices & Sector Trends
Moneylife Digital Team 19 November 2022
From 11th November to 18 November 2022, the Sensex, the NIFTY, ML Micro-cap Index and ML Mid-cap Index ended flat. ML Large-cap Index and ML Mega-cap Index fell 1% each. ML Small-cap Index fell...
How IPOs Transfer Wealth from Retail Investors to Issuers and Lead Managers
R Balakrishnan, 18 November 2022
I came across two interesting pieces of data on my Twitter timeline. The first is the view of 18 analysts on whether to buy, hold or sell the shares of Nykaa. When the stock was trading at Rs1,153 (before a 5:1 bonus), a majority...
PI Industries: September ’22 Results Update
Moneylife Digital Team 17 November 2022
PI Industries continued its stellar performance in Q2FY22-23, with revenue growing by 31% y-o-y (year-on-year) to Rs1,770 crore, supported by strong performance from domestic as well as CSM (custom synthesis manufacturing) segment....
Westlife Foodworld Ltd: Sept ’22 Results Update
Moneylife Digital Team 17 November 2022
Westlife Foodworld Ltd (Westlife), which runs the McDonald’s chain of restaurants, reported its highest ever sales in Q2FY22-23. Revenue jumped 48.57% year-on-year (y-o-y) to Rs572 crore and was up 6.3% sequentially. Operating...
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