Indiastockguru Team A 59-month low retail inflation was reported in July 2024. Retail inflation rate based on All India Consumer Price Index (CPI) number came in at 3.54% for the month of July, 2024. Corresponding retail inflation rate for rural and urban areas is 4.10% and 2.98%, respectively. Reserve Bank of India maintained status quo […]
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Suhani Adilabadkar Torrent Pharma reported stellar June Quarter 2024 results. Domestic formulation business was the key growth driver with 15% YoY growth in Q1FY25. While the Indian market did well, Brazil was muted and the US still in the negative zone. German generic business continued with its stable growth momentum, rising 10% YoY. Highlights Double-Digit […]
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Indiastockguru Team Bajaj Auto reported total wholesale volume growth of 11% in July 2024. Total wholesale volumes stood at 3,54,169 units. Bajaj Auto’s impressive diversified product portfolio includes motorcycles (ICE and CNG), three-wheeler (ICE, CNG and electric) and serves 80 countries globally. Bajaj Auto wholesales volumes is the sum total of its presence across all […]
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Suhani Adilabadkar India Cements stock price touched its new 52-week high of Rs 372.85 on July 29, 2024. The stock price has gained 20% since the last week of June this year. UltraTech Cement, market leader in the domestic cement industry had acquired 22.77% stake in India Cements from ace investor and owner of DMart […]
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Suhani Adilabadkar Gold prices have gone up by 20% over the past six months. Gold is currently hovering around $ 2400 levels in July 2024. Amid geo-political tensions, economic uncertainty and high inflation, safe haven gold is preferred by investors worldwide. Gold prices increased nearly 30% in 2020 with Covid-19 pandemic impacting every sphere of […]
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Indiastockguru Team Gross Total Income Tax Rate Applied Upto Rs 3 Lakh Nil Rs 3-7 Lakh 5% Rs 7-10 Lakh 10% Rs 10-12 Lakh 15% Rs 12-15 Lakh 20% Above Rs 15 Lakh 30%
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Suhani Adilabadkar Tata Consultancy Services (TCS) stock price soared 7% on June 12, 2024 driven by better-than-expected June Quarter 2024 results, announced a day before after-market hours. The IT bell-weather’s resilience continued into FY25 with strongest constant currency (cc) YoY growth over the past four quarters, robust operating margins and positive momentum witnessed in the […]
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Indiastockguru Team Poor monsoons and severe heat waves impacted growth of the auto retail sector in India in June 2024. Auto retail sector reported a modest YoY growth of just 0.73%. Delayed rains in West Bengal, Bihar, Uttar Pradesh, Chhattisgarh, and Madhya Pradesh exacerbated the effects of a severe heatwave in northwest India in June […]
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Suhani Adilabadkar Bajaj Auto has always been the strategist. Creating new aspirations, spotting opportunities and riding them with full conviction has been Bajaj Auto’s biggest strength. Bajaj Auto spotted the rise of the 125cc motorcycle segment as BS-VI related costs increased acquisition cost in the 150cc segment. Pulsar 125cc was launched in 2019 and presently […]
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Suhani Adilabadkar Potato prices have gone up by nearly 50% over the past one year. Mixing potato with any vegetable changes its look, taste and the quantity which is essential in the current inflationary scenario. I am talking about food inflation which is above 8% while retail inflation in India is below 5%. Going back […]
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