For the quarter ended December 31, 2019, DMart reported a 53.3 per cent yoy rise in net profit at Rs 394 crore. Profit before tax for the period under review stood at Rs 497.34 crore, a YoY growth of nearly 26 per cent. Net sales for the period grew nearly 24 per cent to Rs … Read more
4th note in the series… the last one for calendar year 2019 !
How do you unscramble an egg called Tata Sons? The second law of thermodynamics says orderly things gradually turn more chaotic, and there’s no going back, no separating yokes from whites. But the appeals judge of India’s corporate law arbiter thinks he can reverse time. Or so it would appear from his order declaring that … Read more
All of us are recently witnessing how onion prices have increased significantly. Hopefully, over period these king of issues get addressed by players like Ecozen. Ecozen is an integrated agricultural play whereby it helps farmers who grow perishables to increase their yields, store their produce longer, and realise higher prices. The Company has announced that … Read more
As per media reports, Purplle.com (Purplle), an online beauty and personal care platform, has raised a $30 million round led by the global investment bank Goldman Sachs. The existing investors IvyCap Ventures, Blume Ventures and JSW Ventures are also reported to have participated in the round. Purplle has seen a commendable turnaround in the last … Read more
The deal was in works since the beginning of the year and recently in August Future group had announced that Amazon has agreed to pick up pick up 49% stake in Future Coupons, the promoter entity of Future Retail. The deal thereafter went for The Competition Commission of India’s (CCI) approval, which has now been … Read more
Reliance delivered a highly impactful AGM on August 12, 2019. In the excitment of many positives, one should not forget some important points.
Car sales down, consumers muted, banks struggling, public spending increasing, IT and pharma facing global headwinds. Choice gets more confusing than ever !
Since its IPO in March 2017, Dmart share price has increased to more than 400% currently. Company continues to remain fundamentally strong on most parameters. However, there is something else that is changing…..