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Bengaluru, Karnataka
Physical Address
Bengaluru, Karnataka
Let's make informed investment choices
Let's make informed investment choices

In July 2024, the bull market continued, with BSE Sensex and Nifty 50 closing higher. A quick look at the performance of stocks of top 100 companies tells us that the top gainers included Rail Vikas Nigam Limited and IDBI Bank. Reliance and IT companies reported mixed earnings. Auto and pharma stocks performed well, while Macrotech Developers and Vodafone Idea were among the top losers. The overall market remains bullish, with positive numbers across sectors.

The market has been enthusiastic about the performance of IT companies in Q1FY25, especially after TCS's results. Companies with high revenue growth in Q1FY25 include Netweb Technologies, Ksolves India, and Aurionpro Solutions. KPIT Technologies saw a 24.33% revenue growth and a healthy PAT of ₹204.16 crores. However, companies like Wipro and Tech Mahindra disappointed the market.

This week's market roundup was marked by high volatility due to the FY24-25 budget announcement. The market reaction was mixed, with disappointment over increased capital gains taxes. However, Nifty 50 made a late recovery and rallied on Friday. Notable Q1FY25 results were reported, with positive performance from IT companies. Overall, the market remains buoyant.

Reliance Industries, the petroleum to retail giant declared its Q1FY25 results on 19th July 2024. The results were disappointing, but there were a few silverlings in the overall picture. The standalone revenue from operations came in at ₹134,331 crore which…

23 companies will declare their Q1FY25 results today. A few of them are big names in the banking and financial sector. The companies which will declare results today are: HDFC Bank Ltd KOTAK MAHINDRA BANK LTD. YES BANK LTD. J.K.CEMENT…

Jyothy Labs, founded in 1983, started with Ujala Supreme fabric whitener and now offers a diverse product portfolio. With a focus on studying consumer behavior before nationwide launches, the company has gained significant market share in fabric care and dishwashing. Financially strong, it has shown remarkable growth and expects to maintain the trend.
A complete analysis of Jyothy Labs.

The market has seen broad-based growth, with all sectors participating in the rally. Key gainers with market capitalization of ₹1,000 crore or more include Kellton Tech, Mukka Proteins, and RVNL. IT, energy, and manufacturing companies have shown positive stock performance, with IT seeing a notable turnaround and ONGC, ITC, and HUL providing strong returns.

As the Full Budget day approaches, the market is euphoric with indices hitting new all-time highs. Nifty 50 closed at 24,502 and BSE Sensex at 80,519 points. In the currently weekly market roundup, top gainers included Modipon, SPA Capital, Skyline Ventures, RSD Finance, and Mahaan Foods. Shipping stocks saw a positive trend, and IT software companies gained favor after TCS's Q1FY25 results.

Metro Brands, a top listed company with a ₹34,000 crore market cap, specializes in footwear retail and operates numerous Multi Brand and Exclusive Brand Outlets. With a strong offline presence, the company is ramping up its online channels. Despite rapid expansion, it faces challenges due to intense competition and low footwear consumption in India. Notably, the company's stock has performed remarkably, yielding a 103% return in the last 2 years.

In June 2024, stock returns have significantly improved, with top performers spanning various sectors, including auto, cement, and healthcare.