Richirich's standalone Net Sales at Rs 0.02 crore in Q1FY23
Fri, Jul 15, 2022 10:00 AM

Richirich's standalone Net Sales at Rs 0.02 crore in Q1FY23

Net Sales of Richirich Inventures stood at Rs 0.02 crore in June 2022, up 7.29% from Rs. 0.02 crore in June 2021. The quarterly Net Profit stood at Rs. 0.00 crore in June 2022 up 118.49% from Rs. 0.02 crore in June 2021. EBITDA stood at Rs. 0.00 crore in June 2022, registering a gain of 100% from Rs. 0.02 crore in June 2021. Richirich's Inven EPS has improved to Rs. 0.01 in June 2022.

Open Flip
Never miss out on any Stock!😎
Fri, Jul 15, 2022 10:00 AM

Never miss out on any Stock!😎

Have you missed🤔 some great trade opportunities because you forgot to track stocks? “Stock Watchlist” lets you identify trading events while monitoring your portfolio performance & favourite stocks. Also, get a personalised app experience based solely on your watchlist and portfolio. Tap on “my feed” on the news screen, and you’re all set for your personalised feed. So what are you waiting for?

Open Flip
LIC stock surge on Friday as embedded value gains marginally
Fri, Jul 15, 2022 9:43 AM

LIC stock surge on Friday as embedded value gains marginally

LIC's shares gained during early deals on Friday after the insurance behemoth on Thursday announced that its Indian Embedded Value (IEV) stood at ₹5,41,492 crore ( ₹5.41 trillion) as of March 31, 2022, in comparison to ₹5.39 trillion as of September 2021 and ₹95,605 crore as of March 31, 2021. The EV indicates the consolidated value of shareholders' interest in the life insurance biz.

Open Flip
Cipla Health to buy nutritional supplement brand 'Endura Mass'
Fri, Jul 15, 2022 9:38 AM

Cipla Health to buy nutritional supplement brand 'Endura Mass'

The wholly owned consumer healthcare subsidiary of Cipla Ltd, Cipla Health Ltd, has entered a partnership with Medinnbelle Herbalcare Private Ltd to acquire the renowned nutritional supplement brand in the category of weight gain, Endura Mass. At around 9:17 AM, Cipla was trading at Rs959.90 per share up by 0.95% from its previous closing on the BSE.

Open Flip
📊 Jindal Steel and HDFC Bank's shares to be in focus today👉
Fri, Jul 15, 2022 9:31 AM

📊 Jindal Steel and HDFC Bank's shares to be in focus today👉

📊SGX Nifty suggests a gap-up opening of about 80 points for the Indian benchmark index. Yesterday, despite the US market starting significantly lower, a robust recovery was noticed thereafter. 🔔Jindal Steel and HDFC Bank's shares are expected to remain in focus today as the steel manufacturer is scheduled to announce its result today, while the private lender will declare Q1 results tomorrow.

Open Flip
📢 Benchmark indices OPEN on a positive note on July 15; Nifty near 16,000
Fri, Jul 15, 2022 9:27 AM

📢 Benchmark indices OPEN on a positive note on July 15; Nifty near 16,000

📢 Amid mixed global cues, benchmark indices STARTED on a positive note. 📊 At 9:16 AM, the Sensex gained by 221.73 points or 0.42% at 53,637.88, and the Nifty was up 72.15 points or 0.45% at 16,010.80. About 1309 shares have advanced, 428 shares declined, and 93 shares are unchanged. 👉 Dr. Reddy (🔼1.88%), M&M (🔼1.26%) appeared as the top gainers on the Nifty50 at the open.

Open Flip
Asian stocks hit a two-year low on Friday, heading for a weekly loss
Fri, Jul 15, 2022 9:10 AM

Asian stocks hit a two-year low on Friday, heading for a weekly loss

Asian stocks reach a two-year low on July 15 and were heading for a weekly loss. At the same time, the dollar is about to hit its third week of gains as a fresh slew of rate hikes around the world caused concerns regarding the global economic growth outlook. MSCI's index of Asia-Pacific shares outside Japan plunged by 0.5% in morning deals to a two-year low. Japan's Nikkei edged 0.1% lower.

Open Flip
Syngenta to enhance drone spraying by implementing 50 drones into action
Fri, Jul 15, 2022 9:03 AM

Syngenta to enhance drone spraying by implementing 50 drones into action

Syngenta India is gearing up to scale up the use of drones in agriculture. The crop protection and seed company is ready to launch drone spraying of two products (a fungicide and insecticide) for six crops including cotton, rice and soybean. Syngenta will shortly implement 50 drones in the service and use them to spray 30,000 acres of farmland across India.

Open Flip
Vedanta board to consider second interim dividend next week
Fri, Jul 15, 2022 9:00 AM

Vedanta board to consider second interim dividend next week

Vedanta Ltd's board is slated to meet on Tuesday, July 19, 2022, to approve and consider a second interim dividend on equity shares for the FY22-23. On that note, the company has fixed Wednesday, July 27, 2022, as the record date for the entitlement of the equity shareholders for the aforementioned dividend. The company declared its 1st dividend of ₹31.5 per equity share in May 2022.

Open Flip
This multibagger stock receives FPI investment from Mauritius 👉
Fri, Jul 15, 2022 8:55 AM

This multibagger stock receives FPI investment from Mauritius 👉

Mauritius-based global investment firm, AG Dynamic Funds purchased 1,02,000 shares of Shubham Polyspin Limited via an open market deal paying ₹215.05 a piece on 14th July 2022. Shubham Polyspin shares emerged as one of the multibagger stocks in the recent time horizon. This small-cap stock zoomed from ₹198.50 apiece levels to ₹215.50 per share levels in the previous week.

Open Flip
NSE puts Delta Corp's stock under F&O ban today
Fri, Jul 15, 2022 8:45 AM

NSE puts Delta Corp's stock under F&O ban today

The National Stock Exchange (NSE) has put only one stock (Delta Corps) under the ban for trade on Friday, July15, 2022 in the futures and options (F&O) segment as it has crossed 95% of the market-wide position limit (MWPL). No fresh positions are permitted for any of the F&O contracts in a specific stock when it comes under the F&O ban list.

Open Flip
Rs 1,470-cr loan portfolio of L&T Fin acquired by Kotak Bank-backed ARC
Fri, Jul 15, 2022 8:33 AM

Rs 1,470-cr loan portfolio of L&T Fin acquired by Kotak Bank-backed ARC

Kotak Mahindra Bank-promoted Phoenix Asset Reconstruction Company (ARC) bought a ₹1,470 crore worth distressed loan portfolio from L&T Finance. The deal also includes two stuck advances to Future Group entities-- Precision Realty Developers and Future Entertainment Ltd. Through this deal, L&T Finance offloaded four accounts' portfolios of ₹980 crores, suggesting a recovery of nearly 66%.

Open Flip
Embedded value of LIC pegged at Rs 5.42 lakh crore
Fri, Jul 15, 2022 8:23 AM

Embedded value of LIC pegged at Rs 5.42 lakh crore

Life Insurance Corporation of India (LIC) posted about an 83% surge in value of new business (VNB) for FY22. Its VNB stood at ₹7,619 crore in FY22 in comparison to ₹4,167 crore reported in the preceding fiscal. The insurance behemoth further stated that its Indian embedded value has been pegged at ₹5.42 lakh crore. The VNB margin for FY22 stood at 15.1% against 9.9% registered earlier.

Open Flip
SGX Nifty defers its launch in GIFT to July 28 amid heavy rains
Fri, Jul 15, 2022 8:15 AM

SGX Nifty defers its launch in GIFT to July 28 amid heavy rains

SGX Nifty futures contracts' launch at the International Financial Service Centre (IFSC) in Gandhinagar has been rescheduled from July 14 to July 28 amid heavy rains and flooding in Gujarat. PM Modi is expected to introduce the dollar-denominated Nifty futures on July 28 and open the India International Bullion Exchange (IIBX) at the Gujarat International Finance Tec (GIFT) City.

Open Flip
Wysa secures $20 million in a fresh round led by HealthQuad
Fri, Jul 15, 2022 8:02 AM

Wysa secures $20 million in a fresh round led by HealthQuad

Wysa garnered $20 million in a fresh round of funding led by HealthQuad. The round also saw participation from British International Investment (BII), W Health Ventures, Kae Capital, Google Assistant Investments, and pi Ventures amongst others. The digital platform for mental health will deploy the fresh funds to further expand into the US, UK, India and other global markets across enterprises.

Open Flip

Join our Smart Investment Community

More than 1 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon