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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Suhani Adilabadkar With retail inflation coming above 5% in June 2024, it’s easier for RBI to say no. In the last monetary policy committee (MPC) meeting, the Reserve Bank of India with a majority of 4:2 voted in favour of maintaining the status quo. Repo rate was unchanged at 6.5% in May 2024. The […]
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Indiastockguru Team Tata Consultancy Services (TCS) reported revenues of Rs 62,613 crore up 5.4% YoY and with 2.25% growth sequentially. Constant currency growth stood at 4.4% YoY in June Quarter 2024. In dollar terms, revenues stood at $ 7,505 million with growth of 4.4% YoY in Q1FY25. Markets were expecting a mid-single digit revenue growth […]
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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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Indiastockguru Team June witnessed muted customer sentiment for the two-wheeler sector in India. Except Hero MotoCorp, largest two-wheeler manufacturer by volume in the world, all other major players reported lower YoY volume growth in June 2024. Hero is making strong strides in the 125 cc motorcycle segment with the launch of its Xtreme 125R bike […]
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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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