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Byju's standalone income from operations of Rs 2,110 crore came from three major businesses - tuition fee (Rs 144 crore), sale of education tablets and SD cards (Rs 1,675 crore) and sale of reference books (Rs 560 crore).
Trade Setup: Best to avoid shorts as market is likely to invite support at current or lower levelsWhile focusing on low beta defensive stocks, a cautiously optimistic approach is advised for the day.
from Stocks-Markets-Economic Times https://ift.tt/tIU7W5o
… Read MoreAhead of Market: 12 things that will decide D-Street action on ThursdayMomentum indicator Moving Average Convergence Divergence (MACD) showed a bullish trade setup on the counters of Schaeffler India, Balkrishna Industries, KPR Mill, Quess Corp Nazara Technologies and Bajaj Auto.
from Stocks-Ma… Read MoreHero MotoCorp net drops 27.5% in Q4FY22Revenues from operations in the period under consideration fell 14.6% to Rs 7421.73 crore from Rs 8685.97 crore earlier. Total expenses last quarter stood at Rs 6759.28 crore, which is a decline of 11.6% over Rs 7644.23 crore… Read MoreUpstox crosses 1 crore customer baseThe company remains the second-biggest broker in the country based on active clients, behind industry leader Zerodha.
from Stocks-Markets-Economic Times https://ift.tt/loXE4AM
… Read MoreSBI Life Insurance Q4 Preview: Profit likely to drop 33%; VNB margin to be flat QoQAxis Securities, in a note, said it expects the company to report a nearly 33 per cent fall in net profits for the March quarter. This is despite the net premium earned for the quarter will likely rise about 9 per cent.
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