INVESTOR INTEREST


Moneylife Digital Team 06 May 2023
The trends of the major indices in the course of the week’s trading are given in the table below:     The market were closed on Monday on account of Maharashtra Day. On Tuesday, 2066 stocks advanced, 1582 declined and 168 remained unchanged on the Bombay Stock Exchange (BSE),...

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Moneylife Digital Team 06 May 2023
INDIAN MARKET TRENDS From 28th April to 5 May 2023, ML Mid-cap Index rose 2%. ML Large-cap Index, ML Small-cap Index and ML Mega-cap Index rose 1% each. NIFTY and the Sensex ended flat. ML Micro-cap Index fell 1%.   

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Moneylife Digital Team 06 May 2023
The best three and the worst three mutual fund (MF) schemes over the past three years ranked by their quarterly rolling returns. Premium members get access to a more refined list of top schemes by logging into Moneylife Advisory  

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Moneylife Digital Team 06 May 2023
Revenue of Satia Industries (Satia) jumped 75% y-o-y (year-on-year) to Rs521 crore due to high production growth on the back of PM4 (paper machine). Operating profit margin expanded 660bps (basis points) y-o-y to 26.1% and net profit margin declined by 130bps to 8.8% due to one-time high...

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In view of some videos posted on YouTube channels claiming that all Indian spices contain cow dung and cow urine, the Delhi High Court has ordered Google to take them down.   These videos targeted several Indian brands, including 'Catch Foods'.   Justice Sanjeev Narula of the...

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Moneylife Digital Team 05 May 2023
The mutual fund (MF) industry witnessed a sharp increase in new investors starting FY19-20 due to five key drivers such as massive awareness campaigns, conducive market conditions, digital access, simplified know-your-customer (KYC) process and concerted intermediation and advisory. A...

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Moneylife Digital Team 05 May 2023
CSB Bank Ltd (CSB) declared its results for Q4FY22-23 on 28 April 2023. During the quarter, its net interest income (NII) increased 15% year-on-year (y-o-y) but remained flat quarter-on-quarter (q-o-q) due to a q-o-q compression in its net interest margin (NIM). Net operating income increased...

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Moneylife Digital Team 05 May 2023
As expected, Ramkrishna Forgings Ltd (RKFL) reported a strong set of numbers for Q4FY22-23 on account of steady growth in the commercial vehicles (CV) segment and increased economic and infrastructure activity. RKFL is India’s second-largest manufacturer and exporter of CV forgings. The...

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Moneylife Digital Team 05 May 2023
FY22-23 was a year of solid performance for Solar Industries India (Solar) as the price of its key material, ammonium nitrate, shot through the roof, in turn leading to 75% y-o-y (year-on-year) growth in sales. The strong performance continued in Q4FY22-23 as sales rose by 46% y-o-y to...

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Moneylife Digital Team 05 May 2023
Vardhman Special Steels (VSSL) reported mixed results for Q4FY22-23. Sales were up by 23.03% year-on-year (y-o-y) and up 5.23% quarter-on-quarter (q-o-q). The jump in revenues was led by 21.43% y-o-y increase in sales volume from 41,596 tonnes in Q4FY21-22 to reach 50,511 tonnes in Q4FY22-23....

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The national company law tribunal (NCLT) on Thursday reserved its order on the cash-strapped airline Go First's plea seeking voluntary insolvency resolution proceedings.   A two-member bench headed by president, justice Ramalingam Sudhakar after a day-long hearing, reserved its order...

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Moneylife Digital Team 05 May 2023
On Friday, 1474 stocks advanced, 2040 declined and 127 remained unchanged on the Bombay Stock Exchange (BSE), with an advance decline ratio of 0.72, indicating a negative closing of stocks in broader markets. The trend of the major indices on Friday’s trading is given in the table...

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Moneylife Digital Team 04 May 2023
Gross margin of Shoppers Stop expanded by 310bps (basis points) year-on-year (y-o-y) to 43.2% in Q4FY22-23, after meeting year-end sales targets. The company reported its highest-ever fourth quarter revenue with y-o-y growth of 29% to Rs924 crore led by higher SSSG (same-store sales growth)....

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Moneylife Digital Team 04 May 2023
On Thursday, 2244 stocks advanced, 1278 declined and 118 remained unchanged on the Bombay Stock Exchange (BSE), with an advance decline ratio of 1.65, indicating a positive closing of stocks in broader markets. The trend of the major indices on Thursday’s trading is given in the table...

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Moneylife Digital Team 04 May 2023
Reserve Bank of India (RBI) has imposed monetary penalties on eight cooperative  banks citing the violation of various rules and regulations. Of these eight banks penalised by RBI, three belong to Maharashtra, two to Gujarat, and one each from Chhattisgarh, West Bengal and Uttar Pradesh. RBI...

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We invest in stocks to gain returns better than on fixed-income products and protect against inflation. Each investor has a unique approach, style and investment thesis, but the goal is the same—an increase in share price. Behind this desire are complex issues.   With fixed deposits...

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Moneylife Digital Team 03 May 2023
While setting aside an order of the Bombay High Court (HC), the Supreme Court clarified that resignation does not mean that proceedings against an auditor before the national company law tribunal (NCLT) under Section 140(5) will end. The HC had quashed a complaint filed by the serious fraud...

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Moneylife Digital Team 03 May 2023
Coming down heavily on the adjudicating authority (AA) under the Prevention of Money Laundering Act (PMLA), the Delhi High Court (HC) warned against repeated use of templated paragraphs and disconcerting language, frowned upon by the HC, in orders passed by the AA of PMLA.   In an...

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Moneylife Digital Team 03 May 2023
On Wednesday, 1647 stocks advanced, 1858 declined and 147 remained unchanged on the Bombay Stock Exchange (BSE), with an advance decline ratio of 0.88, indicating a positive closing of stocks in broader markets.   The trend of the major indices on Wednesday’s trading is given in the...

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Moneylife Digital Team 02 May 2023
Market regulator Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs10 lakh on Angel Broking Ltd for negligence in providing data during inspection and non-compliance with rules and regulations.   In an order, Amit Kapoor, adjudicating officer (AO) of SEBI, says,...

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