Summary: The Indian bearings market is led by Timken and SKF – Indian subsidiaries of American and Swedish companies, respectively. Despite the pandemic, the automotive and industrial sectors registered double-digit growth globally, with expectations for near-term prospects remaining positive. Timken India is a leading bearings producer with two manufacturing facilities in India and a well-spread…
Summary Tata Motors Ltd. is part of the Tata Group and is the largest commercial vehicle manufacturer and one of the top three passenger vehicle manufacturers in India. The automaker posted a profit in FY23 after running into losses for four years due to overpriced acquisitions and dampened sales, wiping out its equity base. Tata…
HMA Agro Industries IPO Review – GMP, Date, Financials & More Summary HMA Agro Industries is launching its Initial Public Offering on June 20th, 2023, closing on June 23rd, 2023. The company is an Indian frozen buffalo meat products exporter with over 10% of India’s total exports, exporting to over 40 countries worldwide. Its products…
Summary: The Indian government purchased and formed public sector banks to establish a robust financial system to handle the growth of credit, offering support initiatives and lower interest rates than private banks. The Indian banking system includes 12 public sector banks, 22 private sector banks, and 44 foreign banks, with 43 regional rural banks, 1,484…
Summary Large-cap stocks that pay dividends provide better security, wealth creation, and market dominance. We have compiled a list of the top five best large cap dividend stocks in India: Vedanta Hindustan Zinc Coal India ONGC Power Grid Corporation Vedanta has the highest dividend yield of 34.8 percent among large-cap companies. Hindustan Zinc has the…
Summary: Thermax, an energy and environment solutions provider, reported a 6% increase in revenue for Q1 2021. The company’s order book stands at Rs. 7,898 crore, up 14% YoY. Thermax plans to expand its product portfolio to include hydrogen-based solutions in the future, as part of its Sustainability Transformation Plan. The company’s focus on renewable…
Hinduja Global Solutions Vs Firstsource Solutions – Stock Analysis Summary: The Indian stock market has seen a lot of movement lately, with investors shifting their focus to outsourcing companies like Hinduja Global Solutions and Firstsource Solutions. Hinduja Global Solutions saw a 21% increase in their quarterly earnings, beating market expectations. Firstsource Solutions, on the other…
Summary: India VIX, also known as the fear index, measures the expected volatility in the Indian stock market over the next 30 days. It is calculated based on the option prices of the Nifty 50 index and ranges from 0 to 100. A higher VIX indicates greater uncertainty and potential for significant price swings, while…