Stocks to watch today: L&T commissioned a new green hydrogen plant at Hazira in Gujarat; Future Enterprises defaults on payments of interest of two non-convertible debentures (NCDs) of Rs 12.6 crore.
Around 99.67% shareholders voted in favour of his reappointment
Paytm held its 22nd annual general meeting (AGM), the first such meeting after it became a listed company in 2021
The billionaire founder of Paytm faces a crucial test of investor confidence Friday, when shareholders will decide whether they want him at the helm.
Digital financial services firm Paytm on Tuesday said it partnered with Samsung stores to facilitate smart payments as well as its loan service through deployment of point of sale devices
Food delivery aggregator Zomato, for instance, has brought down its losses by huge margin
Meanwhile, SES has an issue with Sharma holding the position of chairman as well as MD and his "excessive" remuneration
Analysts have said that they will be watchful of the operational impact of the new norms, especially on customer convenience of the payment firm
The number of loans disbursed through Paytm platform jumped close to four-times to 29.46 lakh in July 2022, while the value of loans disbursed soared to Rs 2,090 crore on year-on-year basis.
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New-age tech companies have reported good June quarter results. But analysts believe it will be a long road to recovery for their respective businesses. Is this the right time to own these stocks?
The common thread, however, that runs across most brokerages is Zomato, where they suggest buying the stock with the one-year target price ranging between Rs 60 - 115
In their brokerage notes, they highlighted Paytm's strong growth in revenue and contribution margins during the quarter in addition to sharp improvement in net payment margins
CLOSING BELL: Coal India, M&M, Bajaj Finserv, HDFC Bank, Hindalco, Axis Bank, NTPC, L&T, HDFC, Dr Reddy's Labs, RIL, IndusInd Bank, and Apollo Hospitals were the top gainers on the 50-pack index today
Higher number of monthly users, additional payment devices and more disbursal of loans lifted the company's revenue to 16.8 billion rupees ($211.16 million), from 8.91 billion rupees last yea
Paytm and Nykaa have logged smart gains gains in trade so far on Monday post Q1 results, while SBI and BPCL declined notably. Going ahead these are the key levels to be watched on these stocks.
Stocks to watch today: Bharti Airtel and Adani Ports will report their June quarter results (Q1FY23); Titan saw 13-fold jump in net profit to Rs 790 crore in Q1FY23.
Its contribution profit, which excludes taxes and marketing expenses but includes promotional incentives, grew over three-fold to Rs 726 cr in June 2022 quarter from Rs 245 cr in year ago period
Indian startups are shedding the extra flab put on during the days of easy money. Layoffs and cost restructuring are the only way out for them now. They are shifting from growth to profitability now
Paytm Q1FY23 results: JPMorgan pegs net loss at Rs 672.3 crore, down from Rs 761 crore QoQ