Britain's JD Sports Fashion has lifted its annual profit estimates for 2022 on Thursday. The aforementioned rise in its profit estimates came on the back of the fact that people spilled huge money on athleisure and sportswear. The company indicated towards spiked sales data that it had logged so far this year.

BSE Limited has Reported its consolidated quarterly net sales at ₹228.30 cr in Q4FY22. Which is 38.13% higher than ₹165.28 cr a year earlier. Further, the quarterly net profit stands at ₹74.48 cr in March 2022, 128.68% higher than ₹32.57 cr in March last year. The EBITDA is registered at ₹89.73 cr in the quarter ending March 2022, up 62.91% from ₹55.08 cr in the last year's same quarter results.

✅The pound has plunged by 0.59% as the Bank of England indicated a slowdown in its interest rate hiking cycle. Additionally, a series of depressing economic data from Britain. This disappointment has raised concern over its economic health. ✅ICICI Direct has recommended selling GBPINR in the range of ₹95.30-₹95.32 with a Target price of ₹95.00 and a Stoploss of ₹95.45.

CryptoPunk #273 NFT that was bought seven months ago for more than $1 million was sold at an 80% loss for the price of $139,530. This is the eighth NFT out of the last 10 CryptoPunks that was sold at a loss. The investor paid 275 ETH for it in 2021 while only receiving 55 ETH back.

Net profit of DIC India declined 49.22% to Rs 2.29 crore in the quarter ended March 2022 as against Rs 4.51 crore during the previous quarter ended March 2021. Sales rose 15.46% to Rs 199.55 crore in the quarter ended March 2022 as against Rs 172.83 crore during the previous quarter ended March 2021. The company is headquartered in Noida.

Net Loss of Jamshri Realty posts to Rs 2.44 crore in the quarter ended March 2022 as against a net loss of Rs 0.96 crore during the previous quarter ended March 2021. Sales rose 42.47% to Rs 1.04 crore in the quarter ended March 2022 as against Rs 0.73 crore during the previous quarter ended March 2021. Net loss was reported to Rs 5.86 crore in the year ended March 2022.

India's favorite airline SpiceJet has partnered up with Axis Bank, India’s third-largest private sector bank, and rolled out a highly rewarding co-branded credit card. The aforementioned credit card would be powered by Visa and is expected to offer numerous privileges and benefits to the cardholders.

✅Experts are divided on Delhivery IPO's subscription amid the market conditions, its loss-making level, and the valuation demanded by the company. However, some analysts are positive for the long term while some think the issue is costly at the given price. 👉Given the expensive valuation, Yash Gupta of Angel One has given a neutral suggestion to the Delhivery IPO.

The largest mining companies are insisting that their operations will not be affected by current market conditions. Bitcoin miner Marathon Digital Holdings stated that the bear market would have no effect due to their asset-light strategy. VP of Corporate Communications Charlie Schumacher said that as other miners exit during the bear market, it creates a better opportunity for larger operations.

Net profit of Kewal Kiran Clothing surged 186.34% to Rs 24.74 crore in the quarter ended March 2022 as against Rs 8.64 crore during the previous quarter ended March 2021. Sales rose 53.18% to Rs 169.57 crore in the quarter ended March 2022 as against Rs 110.70 crore during the previous quarter ended March 2021. Net profit rose 312.22% to Rs 81.62 crore in the year ended March 2022.

HSBC Holdings on Thursday announced that it intended to roll out a $1 billion lending fund that would facilitate investment in female-owned businesses in the coming year. The aforementioned fund is most likely the largest of its type pitched anywhere in the world. HSBC believes that securing funding is the biggest hurdle in the path of female entrepreneurs.

Net profit of Lakshmi Machine Works surged 217.58% to Rs 82.73 crore in the quarter ended March 2022 as against Rs 26.05 crore during the previous quarter ended March 2021. Sales rose 46.04% to Rs 998.50 crore in the quarter ended March 2022 as against Rs 683.70 crore during the previous quarter ended March 2021. Net profit rose 305.94% to Rs 181.05 crore in the year ended March 2022.

A 31% waiver of the general tax in the property tax for flats in the Thane Municipal Corporation has been provided by the Maharashtra government. The waiver will be given for the flats with an area not less than 500 sq ft. Earlier, the Thane body had proposed to waive off 100% of property tax for 500 sq ft flats. Nevertheless, the state government gave a nod for a 31% waiver of the general tax.

Shares in Asia witnessed a plunge on Thursday owing to the release of worse than expected U.S. inflation data which led the investors to undertake heavy selling of technology stocks on Wall Street. Markets all over the world are going through tumultuous times as the woes of inflation have been weighing in on the shares of most of the companies around the world.

Maral Overseas has posted a total income of Rs. 321.16 crores during the period ended March 31, 2022, as compared to Rs. 270.75 crores during the period ended December 31, 2021. The company has posted a net profit / (loss) of Rs. 6.01 crores for the period ended March 31, 2022, as against a net profit / (loss) of Rs. 20.63 crores for the period ended December 31, 2021.