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The headline for corporate profit growth has been very encouraging in the July-September quarter (Q2) of 2023-24 (FY24), with the combined net profit of listed companies up by 38 per cent year-on-year. However, the earnings distribution has been very lopsided, with most of the growth coming from public-sector oil-marketing companies (OMCs), banks, non-bank lenders, automobile (auto) companies, and cement producers. By comparison, companies from information technology services, fast-moving consumer goods (FMCG), retail, and consumer durables were disappointed, experiencing a sharp slowdown in n...

Shares of Trent surged about 150 per cent from its 52-week low at Rs 1155.10 hit on January 27, 2023. The stock has rallied 110 per cent in the year 2023 so far.

The last Tata firm to go public was TCS in 2004. Since then, Titan Company has seen the biggest gains, jumping a whopping 49,395 per cent

Leah Tata, Maya Tata, and Neville Tata are Ratan Tata's half-brother Noel Tata's children who were welcomed on board in November 2022

I wouldnt worry about RBI rap on Bajaj Finances knuckles. At the most, it going to impact around 2% of Bajaj Finance books and if the management expeditiously deals with the issue, the impact on a full year profit should be hopefully less than 1%. A new addition, Trent has many more engines than the market understands it to have.”