© Simply 3 Capital
© Simply 3 Capital
State Bank of India (SBI) reported a 83 per cent jump in standalone net profit at Rs 16,694.51 crore in the fourth quarter of 2022-23 against Rs 9,113.53 crore a year ago, beating analyst estimates....
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Continued strong momentum was seen in the "Tendering and Awarding" activity in the beginning of FY24 for April. And with improved incentives and outlay, the government aimsto push local manufacturing of IT hardwaresuch a...
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The defense sector in India has been thriving for several reasons, including: Increased defense spending: Over the last few years, the Indian government has been increasing its defense spending to modernize its armed fo...
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Results season is on and the major names who would be coming out with the announcements today....
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Redington Limited, an integrated technology solutions provider and a Fortune 500 company, enables businesses in their digital transformation journeys by addressing technology friction – the gap between innovation and a...
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Global stock indices are a popular way for investors to track the performance of stock markets around the world. As an investor based in India, it's essential to know the trading hours of major global indices to make inf...
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Mental accounting bias if understood properly can help in improved financial decision making, better budgeting, more effective financial planning and helps in taking a holistic approach in decision making...
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Biases are systematic errors in thinking that can affect the way we perceive, process, and interpret information, and can lead us to make decisions that are irrational, unfair, or inaccurate....
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Annie Duke is a retired professional poker player, author, and speaker who is known for her expertise in decision-making and risk management. She has won numerous poker tournaments, including the World Series of Poker, a...
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Valuations multiple of traditional sectors like metals, mining, public sector enterprises, public banks have been rising and reverting back to mean.Technology and IT sector valuation multiples have been under lot of stre...
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In the recent development Astra Microwave has allotted 83.3 lakh shares at Rs. 270 per share aggregating to Rs. 275 crores to key investors including Nippon mutual fund, kotak mutual fund, Tata AIA life, IIFL Astra Micro...
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Manappuram Finance in adverse development has seen ED conducting searches on its offices for alleged money laundering and flouting of KYC norms.In a statement issued later in the day, Manappuram Finance said, ‘’ED is...
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BPCL is engaged in the business of refining of crude oil and marketing of petroleum products. It has refineries at Mumbai and Kochi, LPG bottling plants and Lube blending plants at various locations. The Corporation’s...
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In the recently concluded RBI Monetary Policy Committee meeting- Repo rate has bee kept unchanged at 6.50% with RBI governor stating that we will depict readiness to act if situation so warrants and stance is – “with...
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ICICI Bank last traded price 899 ; HDFC Bank last traded price 1692 and Kotak Bank last traded price 1869 are showing signs of strength ....
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Two parameters have been taken to assess the change in valuations of Nifty Small Cap 100 over last 1 year. Price Earning ratio and Price to Book Value Ratio....
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Eris Lifesciences founded by Mr Amit Bakshi and team in 2007 is one of the fastest growing companies within the chronic and acute categories of the Indian Branded Formulations market such as: cardiovascular; anti–diabe...
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There has been a major development today as per taxation rules applicable to Debt Funds. Before we move ahead, first thing first. This proposed change in taxation rules is applicable on Fresh investments coming in Debt F...
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If your Pan and Aadhar is not linked by March 31 2023 then the pan will become inoperative. To check the current status of your linkage of Pan with Aadhar – all you have to do is visit income tax department official we...
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Lets look at statistics of Indian Mutual Funds Industry- • AUM to GDP ratio in India is 16% and world average is 63% and infact in US this is a high of 140% • Mutual Funds AUM as a percentage of Bank Deposits as on D...
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