Latest Updates Around The World
Amid ongoing volatility and market-wide corrections, investors are grappling with the dilemma of where to allocate their capital: large caps, or the more volatile mid- and small-caps.Gurmeet Chadha, Managing Partner and Chief Investment Officer at Complete Circle Consultants, shared his views on Chadha recently shared his views on market valuations and investment strategies, highlighting that […]
The combined market valuation of nine of the top 10 most valued companies fell by Rs 2.51 lakh crore last week, with Reliance Industries taking the biggest hit, in line with a weak trend in equities.Last week, the BSE benchmark Sensex gained 2,032.65 points or 2.43 percent. “Markets witnessed a sharp sell-off during the week […]
Jio Platforms’ enterprise valuation (EV) could rise to around $190 billion by March 2028, with CLSA claiming that the planned listing of the Reliance unit could create one of the top 10 telecom stocks in the world and boost Reliance Industries’ share price. The brokerage has raised its 12-month price target on Reliance Industries to […]
Modulus Alternatives, an investment manager with a focus on the mid-market, is all set to unveil its third credit fund of Rs 2,000 crore for senior-backed private credit opportunities in its target universe, said CEO Sandeep Agarwal.The fund size includes a greenshoe option of Rs 1,000 crore. “We will continue to invest in high-performing mid-market […]
ET Intelligence Group: Reliance Industries’ (RIL) consolidated operating margin before depreciation and amortization (EBITDA margin) crossed double digits for the first time in seven quarters, helped by strong performance from its oil-to-chemicals (O2C) division amid higher realization and domestic sales of fuel products. This partially offset weakness in the retail segment due to a shift […]
The combined market valuation of three of the top 10 most valued companies rose by Rs 75,855.43 crore last week during a holiday shortening, with State Bank of India and Infosys emerging as the biggest gainers, in an otherwise sluggish trend in equities.Last week, the BSE benchmark Sensex fell by 5.89 points and the NSE […]
Rajat Sharma, Founder and CEO of Sana Securities, shared a value-driven, selective investment outlook across banking, IT, defense and FMCG sectors, emphasizing long-term valuations and fundamentals over short-term momentum.On the banking and financial sector, Sharma said in an interview with ETNow that he believes the recent pullback in major private banks like HDFC Bank and […]
Reliance Industries (RIL) reported a 1.6% year-on-year increase in consolidated profit after tax (including associates) to ₹22,290 crore for the December quarter as margin pressure in retail and upstream oil and gas sectors offset strong performance in telecom and refining sectors.Consolidated EBITDA rose 6.1% year-on-year to ₹50,932 crore, while gross revenue rose 10% to ₹2.94 […]
Jio Platforms Ltd on Friday said its profit after tax rose 11.2% year-on-year (year-on-year) to Rs 7,629 crore in December, while revenue from operations rose 12.7% to Rs 37,262 crore during the quarter. Jio’s average revenue per user (ARPU) increased sequentially from Rs 211.4 to Rs 213.7.The increase in ARPU was due to increased customer […]
Reliance Retail on Friday said third-quarter profit after tax rose 2.7% year-on-year to Rs 3,551 crore, while revenue from operations rose 9.2% to Rs 86,951 crore during the quarter.The company’s EBITDA margin fell 60 basis points to 8% from 8.6% in the previous quarter, while EBITDA rose 1.3% to Rs 6,915 crore in the December […]
