Over the five trading sessions ending August 1, the Sensex fell by 1.06% or 863 points, closing at 80,599. The index ended in the red on three out of those five days. While the broader market exhibited signs of a bit of weakness throughout the week, ten stocks with a market capitalisation above Rs 1,000 […]
Federal Bank Q1 Results: Standalone net profit falls 15% YoY to Rs 862 crore; NII up 2%
Federal Bank on Saturday reported a standalone net profit of Rs 861.75 crore, down 14.6% year-over-year compared to a profit of Rs 1,009.53 crore in the corresponding quarter of last year. The bank also posted a 2% increase YoY in net interest income (NII), which rose to Rs 2,336.83 crore in the June quarter from […]
Want to invest Rs 1 lakh when in your twenties? Here is Raamdeo Agrawal’s Warren Buffett-style blueprint to compound wealth
If you’re 20 years old and sitting on Rs 1 lakh, Motilal Oswal co-founder Raamdeo Agrawal has one piece of advice: don’t do anything till you understand it. That, he says, is among the best lessons he’s learned from Warren Buffett, and it applies to both investing and life. In a conversation on Groww’s investor […]
AI, Ethics, and Big Data: Key Themes at the LAQSA’s IIQC 2025 Delhi edition
The Indian Institutional Quant Conference (IIQC) 2025, hosted at Taj City Centre in Gurugram, marked a defining moment for India’s data-first investing movement. Organised by LAQSA (Lambda Quantitative Strategies Association), the Delhi edition of the conference brought together an eclectic mix of thought leaders, policy experts, economists, technologists, and quant professionals to explore how data-driven […]
PC Jeweller Q1 Results: Profit rises 4% to Rs 162 crore, revenue up at Rs 808 crore
P C Jeweller Ltd on Friday reported a 4 per cent increase in its consolidated net profit to Rs 161.93 crore for the quarter ended June 2025. Its net profit stood at Rs 156.06 crore in the year-ago period. Total income surged to Rs 807.88 crore during the April-June period of 2025-26 fiscal from Rs […]
MCX announces 1:5 stock split as exchange reports record revenue in Q1
Multi Commodity Exchange (MCX) on Friday reported a 60% year-on-year jump in total income to Rs 405.82 crore for the quarter ended June 30 its highest-ever quarterly revenue. Alongside the robust earnings, the exchange’s board approved a 1:5 stock split to make the stock more affordable and accessible to retail investors. The proposed split will […]
ITC reports marginal decline in June quarter net profit, revenue surges 19%
ITC Ltd on Friday reported a marginal decline in standalone net profit at Rs 4912.36 crore (Rs 4917.4 crore) for the first quarter ending June, while standalone revenue from operations surged by 19.7% year-on-year (yoy) at Rs 21,058.9 crore which the company attributed to the cigarette, fast moving consumer goods (FMCG) and agri businesses. The […]
Dow plunges 770 points, VIX shoots up 28% on Black Friday. 3 factors why US stocks are falling today
Wall Street’s major indices tumbled on Friday, with the Dow plunging as much as 770 points in early trade, as markets reeled from a trio of setbacks — disappointing jobs data, weak earnings, and President Donald Trump’s fresh tariffs on multiple trading partners. The Dow Jones Industrial Average (DJIA) hit the day’s low of 43,340.68, […]
ITC Q1 Results: Cons PAT rises 3% YoY to Rs 5,244 crore, revenue jumps 19%
FMCG major ITC reported a 3% year-on-year increase in its consolidated net profit for the June quarter at Rs 5,244 crore on Friday, compared to Rs 5,092 crore in the year-ago period. The profit after tax (PAT) is attributable to the owners of the company. The company reported revenue from operations at Rs 23,129 crore […]
Tata Power Q1 Results: Cons PAT rises 9% YoY to Rs 1,060 crore, revenue up 4%
Tata Power on Friday reported a 9% growth in its Q1 consolidated net profit to Rs 1,060 crore compared to Rs 970 crore in the year ago period. The profit after tax (PAT) is attributable to the equity holders of the company. The company’s revenue from operation stood at Rs 18,035 crore which was up […]