November 15, 2024
Headlines

Bussiness

Trent Ltd Profits Up 44%, Opens Stores in Q2 FY25

Trent Ltd Profits Up 44%, Opens Stores in Q2 FY25

Bhavesh mathur02 mins

Trent Ltd, a Tata Group company announced a significant 44% rise in consolidated net profit for the second quarter of FY25, Additionally, its revenue, or the total income generated from sales, increased by 39% to ₹4,156.7 crore. Despite financial performance was a good, the company did not satisfy the analysts to the full extent since customers were cautious while spending money and seasonal challenges that hamper retail sales. Trent Chairman Noel Tata recognized that…

Read More
Gold and Silver Price Update

Gold and Silver Price Update

Bhavesh mathur01 mins

Gold and Silver prices: the cost of 10 grams of 24-carat gold is currently ₹80,523 in New Delhi and and 1 kilogram of silver is valued at ₹99,100. Gold prices in India have remained relatively stable, without much increase or decrease in its rates over the past week. Current Gold and Silver Prices Across Major…

Read More
Risks associated with investing in Swiggy, despite its potential for growth

Risks associated with investing in Swiggy, despite its potential for growth

Bhavesh mathur02 mins

Customer Retention and Acquisition: Swiggy’s success depends on keeping current customers and gaining new customers. These factors are crucial because a steady or growing customer base generates consistent revenue. Attracting new customers can be costly because it usually involves significant spending on advertising, promotions, and discounts, if it struggles to bring in and retain users…

Read More
Reliance Shares Appear to Drop 50% After 1:1 Bonus Issue, Analysts Cautiously Optimistic on Long-Term Growth

Reliance Shares Appear to Drop 50% After 1:1 Bonus Issue, Analysts Cautiously Optimistic on Long-Term Growth

Bhavesh mathur03 mins

On October 28, 2024, Reliance Industries Ltd. (RIL) stock opened at ₹1,338 per share, which looked almost 50% lower than Friday’s closing price of ₹2,655.45. This sudden decline, however, is due to company’s recent 1:1 bonus share issuance, where every shareholder received one additional share for each share they already owned. In a 1:1 bonus…

Read More