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India`s services sector growth eases to 60.1 in August India’s services sector growth eased in the month of August, but remained among the best in 13 years, with a series-record increase in new export business inducing another sharp expansion in total sales.  As per the survey report, the seasonally adjusted S&P Global India Services PMI Business Activity Index fell at 60.1 in August from 62.3 in July. Further, the S&P Global India Composite PMI Output Index -- which measures both manufacturing and services -- eased to 60.9 in ...
India`s services sector growth eases to 60.1 in August
India`s services sector growth eases to 60.1 in August
Source: Accord Fintech
5/09/2023 12:57:09 PM
One97 Communications trades higher on launching Card Soundbox One97 Communications is currently trading at Rs. 869.30, up by 12.50 points or 1.46% from its previous closing of Rs. 856.80 on the BSE. The scrip opened at Rs. 863.05 and has touched a high and low of Rs. 874.70 and Rs. 863.05 respectively. So far 109674 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 939.00 on 25-Aug-2023 and a 52 week low of Rs. 439.60 on 24-Nov-2022. Last one week high and low of the scrip s...
One97 Communications trades higher on launching Card Soundbox
One97 Communications trades higher on launching Card Soundbox
Source: Accord Fintech
5/09/2023 12:22:56 PM
Dreamfolks Services jumps on entering into strategic partnership with Visa service provider Dreamfolks Services is currently trading at Rs. 514.00, up by 12.80 points or 2.55% from its previous closing of Rs. 501.20 on the BSE. The scrip opened at Rs. 516.15 and has touched a high and low of Rs. 522.10 and Rs. 513.90 respectively. So far 18645 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 846.75 on 02-Aug-2023 and a 52 week low of Rs. 348.20 on 27-Dec-2022. Last one week high and low of the scrip sto...
Dreamfolks Services jumps on entering into strategic partnership with Visa service provider
Dreamfolks Services jumps on entering into strategic partnership with Visa service provider
Source: IANS
31/08/2023 10:17:27 AM
Neutral CRISIL Ltd For Target Rs. 4,020 - Yes Securities All eyes on growth in Global Businesses We interacted with CRISIL to get a closer perspective on its latest quarterly performance and on growth and margin outlook across key business segments. While growth traction has been strong in domestic ratings and S&P ratings support (GAC) businesses, there is near-term uncertainty in global businesses (particularly benchmarking analytics). The latter could weigh on company’s growth in the current year given its large contribution in reven...
Neutral CRISIL Ltd For Target Rs. 4,020 - Yes Securities
Neutral CRISIL Ltd For Target Rs. 4,020 - Yes Securities
Source: Yes Securities
28/08/2023 12:39:28 PM
Exhicon Event Media shines on inking MOU to acquire entire stake in Dare Spark Exhicon Events Media Solutions is currently trading at Rs. 309.90, up by 11.90 points or 3.99% from its previous closing of Rs. 298.00 on the BSE. The scrip opened at Rs. 306.50 and has touched a high and low of Rs. 310.00 and Rs. 306.50 respectively. So far 24000 shares were traded on the counter. The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 350.90 on 07-Aug-2023 and a 52 week low of Rs. 64.00 on 17-Apr-2023. Last one week high and low of th...
Exhicon Event Media shines on inking MOU to acquire entire stake in Dare Spark
Exhicon Event Media shines on inking MOU to acquire entire stake in Dare Spark
Source: Accord Fintech
17/08/2023 12:16:18 PM
One97 Communications surges on reporting 19% rise in Average monthly transacting users in July One97 Communications is currently trading at Rs. 790.70, up by 23.35 points or 3.04% from its previous closing of Rs. 767.35 on the BSE. The scrip opened at Rs. 785.00 and has touched a high and low of Rs. 797.00 and Rs. 776.50 respectively. So far 72902 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 915.00 on 19-Jun-2023 and a 52 week low of Rs. 439.60 on 24-Nov-2022. Last one week high and low of the scrip st...
One97 Communications surges on reporting 19% rise in Average monthly transacting users in July
One97 Communications surges on reporting 19% rise in Average monthly transacting users in July
Source: Accord Fintech
4/08/2023 12:14:38 PM
India's services growth at 13-year high in July on strong demand  India's dominant services sector expanded at its fastest pace in 13 years last month as demand increased significantly despite elevated inflationary pressures, a business survey showed on Thursday. S&P Global's India services purchasing managers' index rose to 62.3 in July from June's 58.5, confounding expectations in a Reuters poll for a dip to 58.0. It was the highest index reading since June 2010 and has remained above the 50-mark that separates growth from exp...
India's services growth at 13-year high in July on strong demand
India's services growth at 13-year high in July on strong demand
Source: Reuters
3/08/2023 11:10:06 AM
Buy SIS India Ltd For Target Rs.560- Yes Securities Ltd Result Synopsis SIS Ltd (SECIS) reported mixed financial performance for the quarter. The sequential revenue growth was slightly below estimates; while EBITDA margin was inline with expectation. It reported revenue growth of 11.1% YoY (down 0.6% QoQ), led by India security business (up 16.2% YoY, up 1.2% QoQ) and Facilities management business(up 21.3% YoY, up 3.0% QoQ) and International Security business (up 3.7% YoY, down 1.3% QoQ in cc terms). There was sequential improvement in EBITDA ...
Buy SIS India Ltd For Target Rs.560- Yes Securities Ltd
Buy SIS India Ltd For Target Rs.560- Yes Securities Ltd
Source: Yes Securities Ltd
1/08/2023 4:52:36 PM
Buy CMS Info Systems Ltd For Target Rs. 465 - JM Financial Institutional Securities Ltd CMS Info Systems’ (CMS) 1QFY24 performance was a modest miss on revenue front, though strong margin performance led to beat on PAT (4% above JMFe). Revenue grew 13% YoY (+2% QoQ, 3% below JMFe), driven by steady growth in the cash management (CM) business (+12%YoY/flat QoQ, 2% below JMFe) and managed services revenue (12% YoY/7% QoQ, 2% below JMFe). EBITDA margin improved 150bps YoY/ 10bps QoQ (50bps above JMFe) on the back of efficiency gains and operating leverage. On the operational ...
Buy CMS Info Systems Ltd For Target Rs. 465 - JM Financial Institutional Securities Ltd
Buy CMS Info Systems Ltd For Target Rs. 465 - JM Financial Institutional Securities Ltd
Source: JM Financial Institutional Securities Ltd
28/07/2023 3:52:18 PM
Buy One 97 Communications Ltd For Target Rs. 1,055 - ICICI Securities Ltd One97 Communications’ (Paytm) Q1FY24 results yielded three key trends: (1) increase in margins on payments; (2) lower take rates in financial services, but continued improvement in asset quality; and (3) increase in fixed costs. The overarching strategy of growth in payments and credit distribution (without FLDG) remains intact and will only likely be boosted by partner addition and improving penetration within the ecosystem. Positive levers can come from expansion of credit partners (l...
Buy One 97 Communications Ltd For Target Rs. 1,055 - ICICI Securities Ltd
Buy One 97 Communications Ltd For Target Rs. 1,055 - ICICI Securities Ltd
Source: ICICI Securities Ltd
25/07/2023 2:30:29 PM
ITCONS E-Solutions jumps on entering into agreement with Paytm Services ITCONS E-Solutions is currently trading at Rs. 44.15, up by 0.95 points or 2.20% from its previous closing of Rs. 43.20 on the BSE. The scrip opened at Rs. 46.11 and has touched a high and low of Rs. 46.62 and Rs. 44.13 respectively. So far 14000 shares were traded on the counter. The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 52.75 on 03-Apr-2023 and a 52 week low of Rs. 33.01 on 29-Mar-2023. Last one week high and low of the scrip stood at Rs...
ITCONS E-Solutions jumps on entering into agreement with Paytm Services
ITCONS E-Solutions jumps on entering into agreement with Paytm Services
Source: Accord Fintech
24/07/2023 11:22:32 AM
Exhicon Event Media Solutions touches roof on signing MoU with Chetak Equine Development Exhicon Events Media Solutions is currently trading at upper limit of Rs. 232.80, up by 11.05 points or 4.98% from its previous closing of Rs. 221.75 on the BSE. The scrip opened at Rs. 232.80 and has touched a high and low of Rs. 232.80 and Rs. 232.80 respectively. So far 6000 shares were traded on the counter. The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 258.80 on 06-Jul-2023 and a 52 week low of Rs. 64.00 on 17-Apr-2023. Last one week high...
Exhicon Event Media Solutions touches roof on signing MoU with Chetak Equine Development
Exhicon Event Media Solutions touches roof on signing MoU with Chetak Equine Development
Source: Accord Fintech
20/07/2023 11:28:56 AM
Dreamfolks Services zooms on collaborating with Plaza Premium Group Dreamfolks Services is currently trading at Rs. 687.00, up by 33.85 points or 5.18% from its previous closing of Rs. 653.15 on the BSE. The scrip opened at Rs. 693.10 and has touched a high and low of Rs. 716.55 and Rs. 682.75 respectively. So far 39800 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 716.55 on 13-Jul-2023 and a 52 week low of Rs. 348.20 on 27-Dec-2022. Last one week high and low of the scrip stood...
Dreamfolks Services zooms on collaborating with Plaza Premium Group
Dreamfolks Services zooms on collaborating with Plaza Premium Group
Source: Accord Fintech
13/07/2023 12:04:15 PM
ITCONS E-Solutions climbs on getting contract worth Rs 2.46 crore ITCONS E-Solutions is currently trading at Rs. 41.49, up by 2.91 points or 7.54% from its previous closing of Rs. 38.58 on the BSE. The scrip opened at Rs. 38.55 and has touched a high and low of Rs. 41.79 and Rs. 38.55 respectively. So far 22000 shares were traded on the counter. The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 52.75 on 03-Apr-2023 and a 52 week low of Rs. 33.01 on 29-Mar-2023. Last one week high and low of the scrip stood at Rs...
ITCONS E-Solutions climbs on getting contract worth Rs 2.46 crore
ITCONS E-Solutions climbs on getting contract worth Rs 2.46 crore
Source: Accord Fintech
11/07/2023 3:00:44 PM
One 97 Communications jumps on posting 37% growth in GMV during first quarter of FY24 One97 Communications is currently trading at Rs. 851.45, up by 14.20 points or 1.70% from its previous closing of Rs. 837.25 on the BSE. The scrip opened at Rs. 846.10 and has touched a high and low of Rs. 861.90 and Rs. 846.10 respectively. So far 167601 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 915.00 on 19-Jun-2023 and a 52 week low of Rs. 439.60 on 24-Nov-2022. Last one week high and low of the scrip s...
One 97 Communications jumps on posting 37% growth in GMV during first quarter of FY24
One 97 Communications jumps on posting 37% growth in GMV during first quarter of FY24
Source: Accord Fintech
5/07/2023 2:36:24 PM
India`s services sector activity eases to 58.5 in June India’s services sector activity eased to a three-month low in June but remained above the neutral level of 50.0, amid stronger increase in new business volumes. As per the survey report, the seasonally adjusted S&P Global India Services PMI Business Activity Index fell at 58.5 in June from 61.2 in May. Further, the S&P Global India Composite PMI Output Index -- which measures both manufacturing and services -- eased to 59.4 in June as against 61.6 in May. The report further ...
India`s services sector activity eases to 58.5 in June
India`s services sector activity eases to 58.5 in June
Source: Accord Fintech
5/07/2023 1:49:51 PM
eMudhra soars on completing acquisition of 51% stake in Ikon Tech Services LLC eMudhra is currently trading at Rs. 410.65, up by 10.15 points or 2.53% from its previous closing of Rs. 400.50 on the BSE. The scrip opened at Rs. 400.10 and has touched a high and low of Rs. 417.20 and Rs. 400.10 respectively. So far 2168 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 445.00 on 02-Jun-2023 and a 52 week low of Rs. 206.90 on 27-Mar-2023. Last one week high and low of the scrip stood at Rs. 430...
eMudhra soars on completing acquisition of 51% stake in Ikon Tech Services LLC
eMudhra soars on completing acquisition of 51% stake in Ikon Tech Services LLC
Source: Accord Fintech
26/06/2023 10:25:58 AM
Exhicon Events Media Solutions touches roof on executing entire setup for three main G- 20 events in Pune Exhicon Events Media Solutions is currently trading at upper limit of Rs. 183.50, up by 8.70 points or 4.98% from its previous closing of Rs. 174.80 on the BSE. The scrip opened at Rs. 178.95 and has touched a high and low of Rs. 183.50 and Rs. 173.00 respectively. So far 76000 shares were traded on the counter. The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 212.35 on 12-Jun-2023 and a 52 week low of Rs. 64.00 on 17-Apr-2023. Last one week high...
Exhicon Events Media Solutions touches roof on executing entire setup for three main G- 20 events in Pune
Exhicon Events Media Solutions touches roof on executing entire setup for three main G- 20 events in Pune
Source: Accord Fintech
21/06/2023 11:57:40 AM
BLS International surges on bagging contract from Italian govt to provide visa, legalisation services BLS International Services is currently trading at Rs. 181.30, up by 0.60 points or 0.33% from its previous closing of Rs. 180.70 on the BSE. The scrip opened at Rs. 180.75 and has touched a high and low of Rs. 183.30 and Rs. 179.45 respectively. So far 154430 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 209.15 on 14-Dec-2022 and a 52 week low of Rs. 83.38 on 28-Jun-2022. Last one week high and low of the scr...
BLS International surges on bagging contract from Italian govt to provide visa, legalisation services
BLS International surges on bagging contract from Italian govt to provide visa, legalisation services
Source: Accord Fintech
8/06/2023 4:38:21 PM
EKI Energy Services shines as its arm incorporates wholly owned subsidiary in Turkey EKI Energy Services is currently trading at Rs. 428.85, up by 18.70 points or 4.56% from its previous closing of Rs. 410.15 on the BSE. The scrip opened at Rs. 420.00 and has touched a high and low of Rs. 429.00 and Rs. 418.40 respectively. So far 81912 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2964.00 on 06-Jul-2022 and a 52 week low of Rs. 355.25 on 30-May-2023. Last one week high and low of the scrip s...
EKI Energy Services shines as its arm incorporates wholly owned subsidiary in Turkey
EKI Energy Services shines as its arm incorporates wholly owned subsidiary in Turkey
Source: Accord Fintech
6/06/2023 10:10:03 AM
India`s services sector output increases at second-fastest pace in close to 13 years India’s services sector output increased at second-fastest pace in close to 13 years in the month of May, supported by sustained growth of new business in the face of positive demand trends, despite falling from April reading. As per the survey report, the seasonally adjusted S&P Global India Services PMI Business Activity Index stood at 61.2 in May from 62.0 in April. Further, the S&P Global India Composite PMI Output Index -- which measures both manufacturing and services -- s...
India`s services sector output increases at second-fastest pace in close to 13 years
India`s services sector output increases at second-fastest pace in close to 13 years
Source: Accord Fintech
5/06/2023 1:51:42 PM
India`s services sector output increases at second-fastest pace in close to 13 years India’s services sector output increased at second-fastest pace in close to 13 years in the month of May, supported by sustained growth of new business in the face of positive demand trends, despite falling from April reading. As per the survey report, the seasonally adjusted S&P Global India Services PMI Business Activity Index stood at 61.2 in May from 62.0 in April. Further, the S&P Global India Composite PMI Output Index -- which measures both manufacturing and services -- s...
India`s services sector output increases at second-fastest pace in close to 13 years
India`s services sector output increases at second-fastest pace in close to 13 years
Source: Accord Fintech
5/06/2023 12:53:06 PM
Hold Matrimony.com Ltd For Target Rs.640 - ICICI Direct Guiding for flat marketing expenses in FY24; margins likely to see revival About the stock: Matrimony.com (Matrimony) is one of the leading providers of online matchmaking services. The company also provides post marriage services. * Apart from a common website, the company operates ~300 community matrimony sites and 15 regional matrimony sites * Net debt free and only profitable player among its peers Q4FY23 Results: Matrimony reported revenue recovery in Q4FY23. * Matchmaking...
Hold Matrimony.com Ltd For Target Rs.640 - ICICI Direct
Hold Matrimony.com Ltd For Target Rs.640 - ICICI Direct
Source: ICICI Direct
29/05/2023 1:04:39 PM
Icra eyeing India's GDP growth at 4.9% in January-March period of 2022-23 driven by services sector Just few days ahead of official release of the provisional estimate for the India's Gross Domestic Product (GDP) growth for the fourth quarter as well for the fiscal 2022-23, domestic rating agency Icra is eyeing GDP growth in January-March period of 2022-23 at 4.9 per cent, a modest step-up from the 4.4 per cent recorded in preceding quarters, driven by the services sector. The National Statistical Organisation (NSO) is scheduled to release the provisional estimate for the GDP data on Ma...
Icra eyeing India's GDP growth at 4.9% in January-March period of 2022-23 driven by services sector
Icra eyeing India's GDP growth at 4.9% in January-March period of 2022-23 driven by services sector
Source: Accord Fintech
29/05/2023 9:54:47 AM
Buy Matrimony.com Ltd For Target Rs. 573 - ICICI Securities Matrimony’s revenue trend in Q4FY23 improved sequentially after two consecutive quarters of decline. Also, billings in matchmaking increased 8.6% QoQ and 76.9% YoY in Q4FY23 vs 1.6% QoQ and 2.1% YoY in Q3FY23. Paid subscriptions were up ~12% YoY. We believe this indicates improving sentiment and augurs well for revenue growth in FY24E. Management commentary also reflected improving outlook. Management guided for >10% revenue growth and 300bps YoY EBITDA margin improvement in FY24. Gi...
Buy Matrimony.com Ltd For Target Rs. 573 - ICICI Securities
Buy Matrimony.com Ltd For Target Rs. 573 - ICICI Securities
Source: ICICI Securities
25/05/2023 3:48:30 PM
BLS International rises on signing visa outsourcing contract with Spanish government for another term BLS International Services is currently trading at Rs. 176.45, up by 1.75 points or 1.00% from its previous closing of Rs. 174.70 on the BSE. The scrip opened at Rs. 174.90 and has touched a high and low of Rs. 177.25 and Rs. 172.50 respectively. So far 31233 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 209.15 on 14-Dec-2022 and a 52 week low of Rs. 83.38 on 28-Jun-2022. Last one week high and low of the scri...
BLS International rises on signing visa outsourcing contract with Spanish government for another term
BLS International rises on signing visa outsourcing contract with Spanish government for another term
Source: Accord Fintech
22/05/2023 10:14:46 AM
eMudhra announces 51% acquisition of ikon tech services LLC, USA through its wholly owned subsidiary eMudhra Inc, USA eMudhra Limited (BSE: 543533 NSE: EMUDHRA) today announced that it has entered into a definitive agreement to acquire 51% of Ikon Tech Services LLC, Texas, USA, through its wholly owned subsidiary eMudhra Inc, USA.   Ikon Tech is a technology company in Houston Texas, USA, specialising in digital transformation and cyber security and has been in operation since 2012 and is in the business of providing consulting, solutioning and technology services in cybersecurity, digital transfo...
eMudhra announces 51% acquisition of ikon tech services LLC, USA through its wholly owned subsidiary eMudhra Inc, USA
eMudhra announces 51% acquisition of ikon tech services LLC, USA through its wholly owned subsidiary eMudhra Inc, USA
Source: PR Agency
20/05/2023 11:02:06 AM
Jupiter Wagons shines on raising Rs 125 crore through QIP Jupiter Wagons is currently trading at Rs. 117.65, up by 1.75 points or 1.51% from its previous closing of Rs. 115.90 on the BSE. The scrip opened at Rs. 116.25 and has touched a high and low of Rs. 120.05 and Rs. 116.25 respectively. So far 47857 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 127.80 on 01-Feb-2023 and a 52 week low of Rs. 45.10 on 21-Jun-2022. Last one week high and low of the scrip stood at ...
Jupiter Wagons shines on raising Rs 125 crore through QIP
Jupiter Wagons shines on raising Rs 125 crore through QIP
Source: Accord Fintech
16/05/2023 10:34:14 AM
One97 Communications zooms after its consolidated net loss narrows to Rs 167.50 crore in Q4 One97 Communications is currently trading at Rs. 721.40, up by 31.95 points or 4.63% from its previous closing of Rs. 689.45 on the BSE. The scrip opened at Rs. 698.00 and has touched a high and low of Rs. 726.90 and Rs. 697.55 respectively. So far 359007 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 844.40 on 08-Aug-2022 and a 52 week low of Rs. 439.60 on 24-Nov-2022. Last one week high and low of the scrip s...
One97 Communications zooms after its consolidated net loss narrows to Rs 167.50 crore in Q4
One97 Communications zooms after its consolidated net loss narrows to Rs 167.50 crore in Q4
Source: Accord Fintech
8/05/2023 12:47:24 PM
Buy SIS India Ltd For Target Rs.560- Yes Securities Ltd Result Synopsis SIS Ltd (SECIS) reported inline financial performance for the quarter. Both, the revenue growth and EBITDA margin were broadly inline with estimates. It reported sequential revenue growth of 3.1% QoQ, led by India security business (up 1.0% QoQ) and Facilities management business( up 1.3% QoQ) and International Security business(up 5.8% QoQ). There was sequential improvement in EBITDA margin(up 14bps QoQ) due to continued focus on efficiency measures across segments. Net de...
Buy SIS India Ltd For Target Rs.560- Yes Securities Ltd
Buy SIS India Ltd For Target Rs.560- Yes Securities Ltd
Source: Yes Securities Ltd
6/05/2023 3:45:21 PM
Dreamfolks Services soars on incorporating wholly owned subsidiary Dreamfolks Services is currently trading at Rs. 445.05, up by 10.00 points or 2.30% from its previous closing of Rs. 435.05 on the BSE. The scrip opened at Rs. 437.95 and has touched a high and low of Rs. 447.70 and Rs. 433.85 respectively. So far 8152 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 550.00 on 06-Sep-2022 and a 52 week low of Rs. 348.20 on 27-Dec-2022. Last one week high and low of the scrip stoo...
Dreamfolks Services soars on incorporating wholly owned subsidiary
Dreamfolks Services soars on incorporating wholly owned subsidiary
Source: Accord Fintech
4/05/2023 2:49:18 PM
India`s services sector activity hits near 13-year high in April India’s services sector witnessed a fastest growth in the month of April, with demand strength promoting the fastest increases in new business and output in close to 13 years. Companies became more optimistic towards future business activity, but job creation remained negligible. As per the survey report, the seasonally adjusted S&P Global India Services PMI Business Activity Index jumped to 62.0 in April from 57.8 in March. Further, the S&P Global India Composite PMI Output ...
India`s services sector activity hits near 13-year high in April
India`s services sector activity hits near 13-year high in April
Source: Accord Fintech
3/05/2023 1:07:12 PM
Now book hotels on MakeMyTrip with zero payment Global travel service provider MakeMyTrip on Tuesday launched a new feature "Book With Zero Payment", which will allow travellers to book a room in hotels or homestays without any payment. According to the company, the new feature will solve anxiety related to uncertain travel plans as users do not need to pay at the time of booking but much closer to the check-in date. "Our attempt is to offer flexibility and alleviate any anxiety related to hotel booking with the launch...
Now book hotels on MakeMyTrip with zero payment
Now book hotels on MakeMyTrip with zero payment
Source: IANS
25/04/2023 1:43:53 PM
Commerce ministry terminates anti-dumping investigation on import of chemical from China The commerce ministry has terminated an anti-dumping investigation into the import of a chemical, used in dying industry, from China following a request from the domestic industry. On September 30, 2022, the ministry's investigation arm Directorate General of Trade Remedies (DGTR) initiated a probe into alleged dumping of 'sulphur black' from China, following a complaint by a domestic firm Atul. The DGTR in a notification said however on April 15, 2023, the applicant has withdr...
Commerce ministry terminates anti-dumping investigation on import of chemical from China
Commerce ministry terminates anti-dumping investigation on import of chemical from China
Source: Accord Fintech
25/04/2023 12:43:05 PM
India`s quick service restaurant industry likely to witness 20-25% growth in FY24: ICRA The rating agency ICRA in its latest report has said that India's quick service restaurant industry is likely to witness 20-25 per cent growth in the current financial year (FY24) on account of the demand uptick and increasing penetration driven by a rapid expansion of stores. It noted that over the long-term, revenue growth shall be supported by factors like rising QSR penetration levels, a shift from the unorganised to the organised segment with a preference for branded quick service re...
India`s quick service restaurant industry likely to witness 20-25% growth in FY24: ICRA
India`s quick service restaurant industry likely to witness 20-25% growth in FY24: ICRA
Source: Accord Fintech
21/04/2023 11:56:33 AM
Services exports likely to reach up to $400 billion this fiscal: SEPC Expressing optimism, Services Export Promotion Council (SEPC) Chairman Sunil H Talati has said that services exports are expected to reach up to $400 billion this fiscal 2023-24, buoyed by a significant jump in exports during 2022-23. During 2022-23, the country's services exports rose by 42 per cent to $322.72 billion from $254 billion in 2021-22. Talati noted that sectors that contributed to the services exports growth during the last fiscal include travel, transport, medical, and ho...
Services exports likely to reach up to $400 billion this fiscal: SEPC
Services exports likely to reach up to $400 billion this fiscal: SEPC
Source: Accord Fintech
19/04/2023 1:51:24 PM
Just Dial trades with traction on reporting over 3- fold jump in Q4 consolidated net profit Just Dial is currently trading at Rs. 689.00, up by 39.30 points or 6.05% from its previous closing of Rs. 649.70 on the BSE. The scrip opened at Rs. 665.95 and has touched a high and low of Rs. 696.70 and Rs. 665.00 respectively. So far 116392 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 939.90 on 20-Apr-2022 and a 52 week low of Rs. 520.30 on 20-Jun-2022. Last one week high and low of the scrip stood at Rs...
Just Dial trades with traction on reporting over 3- fold jump in Q4 consolidated net profit
Just Dial trades with traction on reporting over 3- fold jump in Q4 consolidated net profit
Source: Accord Fintech
18/04/2023 11:02:55 AM
BLS International Services inches up on inking MoU with Thailand BLS International Services is currently trading at Rs. 165.75, up by 0.10 points or 0.06% from its previous closing of Rs. 165.65 on the BSE. The scrip opened at Rs. 166.50 and has touched a high and low of Rs. 168.35 and Rs. 165.50 respectively. So far 26231 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 209.15 on 14-Dec-2022 and a 52 week low of Rs. 67.19 on 06-Apr-2022. Last one week high and low of the scri...
BLS International Services inches up on inking MoU with Thailand
BLS International Services inches up on inking MoU with Thailand
Source: Accord Fintech
6/04/2023 12:23:55 PM
Growth of India`s services sector eases to 57.8 in March India’s services sector growth eased in the month of March however remained in growth territory (above 50.0) for the twentieth successive month, amid favourable demand conditions and new business gains. As per the survey report, the seasonally adjusted S&P Global India Services PMI Business Activity Index fell to 57.8 in March from 59.4 in February. Further, the S&P Global India Composite PMI Output Index -- which measures both manufacturing and services -- also fell to 58.4 in ...
Growth of India`s services sector eases to 57.8 in March
Growth of India`s services sector eases to 57.8 in March
Source: Accord Fintech
5/04/2023 1:12:11 PM
Buy SIS India Ltd For Target Rs.550- Yes Securities Ltd Result Synopsis SIS Ltd (SECIS) reported inline financial performance for the quarter. Both, the revenue growth and EBITDA margin were inline with estimates. It reported sequential revenue growth of 4.9% QoQ, led by India security business (up 4.7% QoQ) and Facilities management business( up 5.3% QoQ) and International Security business(up 5.0% QoQ).There was sequential improvement in EBITDA margin(up 39bps QoQ) due to completion of price revisions with customers in the international busines...
Buy SIS India Ltd For Target Rs.550- Yes Securities Ltd
Buy SIS India Ltd For Target Rs.550- Yes Securities Ltd
Source: Yes Securities Ltd
27/03/2023 3:18:45 PM
CRISIL rises on completing acquisition of Peter Lee Associates CRISIL is currently trading at Rs. 3003.50, up by 5.00 points or 0.17% from its previous closing of Rs. 2998.50 on the BSE. The scrip opened at Rs. 2998.50 and has touched a high and low of Rs. 3039.35 and Rs. 2985.00 respectively. So far 1176 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 3860.00 on 02-May-2022 and a 52 week low of Rs. 2712.05 on 23-Dec-2022. Last one week high and low of the scrip stood at Rs...
CRISIL rises on completing acquisition of Peter Lee Associates
CRISIL rises on completing acquisition of Peter Lee Associates
Source: Accord Fintech
20/03/2023 10:39:18 AM
Neurtal Matrimony.com Ltd For Target Rs.605 - Yes Securities Mixed operating performance; lower margin on high advertisement expense Result Synopsis Matrimony.com (MATRIM) reported mixed financial performance for the quarter. Both, sequential revenue growth and EBITDA margin were below expectation. Revenue declined by 3.9% QoQ, led by decrease in Matchmaking services business (down 4.2% QoQ). Consolidated Billing stood at Rs. 1,114 Mn (up 2.0% QoQ). There was sequential decline in EBITDA margin(down 484 bps QoQ) on account of higher A&P expen...
Neurtal Matrimony.com Ltd For Target Rs.605 - Yes Securities
Neurtal Matrimony.com Ltd For Target Rs.605 - Yes Securities
Source: Yes Securities Ltd
8/03/2023 11:51:07 AM
Growth of India`s services sector hits 12-year high in February India’s services sector expanded at the strongest rate in 12 years in the month of February amid improvement in new business intakes and favourable demand conditions. As per the survey report, the seasonally adjusted S&P Global India Services PMI Business Activity Index surged to 59.4 in February from 57.2 in January. Further, the S&P Global India Composite PMI Output Index -- which measures both manufacturing and services -- jumped to 59.0 in February from 57.5 in January. T...
Growth of India`s services sector hits 12-year high in February
Growth of India`s services sector hits 12-year high in February
Source: Accord Fintech
3/03/2023 1:07:12 PM
India`s goods & services exports growing at healthy rate, likely to reach $1 trillion each by 2030: Piyush Goyal Expressing optimism over India’s exports, Commerce and Industry Minister Piyush Goyal has said that the country’s goods and services exports are growing at a healthy rate and are expected to be around $1 trillion each by 2030. The country's merchandise and services exports touched an all-time high of $422 billion and $254 billion, respectively, in 2021-22. He said ‘My own estimates seem to suggest that we will converge (goods and services exports) by 2030...seven year...
India`s goods & services exports growing at healthy rate, likely to reach $1 trillion each by 2030: Piyush Goyal
India`s goods & services exports growing at healthy rate, likely to reach $1 trillion each by 2030: Piyush Goyal
Source: Accord Fintech
22/02/2023 10:27:20 AM
BLS International Services spurts on acquiring additional stake in Reired BLS International Services is currently trading at Rs. 173.05, up by 4.30 points or 2.55% from its previous closing of Rs. 168.75 on the BSE. The scrip opened at Rs. 168.85 and has touched a high and low of Rs. 173.05 and Rs. 168.45 respectively. So far 53812 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 209.15 on 14-Dec-2022 and a 52 week low of Rs. 50.41 on 24-Feb-2022. Last one week high and low of the scri...
BLS International Services spurts on acquiring additional stake in Reired
BLS International Services spurts on acquiring additional stake in Reired
Source: Accord Fintech
15/02/2023 10:58:42 AM
Centre formulates `Action Plan for Champion Sectors in Services` With an aim to give focused attention to 12 identified Champion Services Sectors, the Centre has formulated ‘Action Plan for Champion Sectors in Services’ which are namely, Information Technology & Information Technology enabled Services, Tourism & Hospitality Services, Medical Value Travel, Transport & Logistics Services, Accounting and Finance Services, Audio Visual Services, Legal Services, Communication Services, Construction and Related Engineering Services, Envir...
Centre formulates `Action Plan for Champion Sectors in Services`
Centre formulates `Action Plan for Champion Sectors in Services`
Source: Accord Fintech
13/02/2023 1:51:51 PM
LIC subscribers can now access policy-related info, services on WhatsApp The Life Insurance Corporation (LIC) on Wednesday introduced a 24x7 interactive service for its subscribers on WhatsApp, allowing policyholders to easily access information and services related to policies within the official LIC WhatsApp chatbot. Policyholders will now be able to access over 11 services directly on WhatsApp, including information on loan eligibility, repayment quotation, policy status, bonus information, statement of units, LIC services links, updates on premium due dates...
LIC subscribers can now access policy-related info, services on WhatsApp
LIC subscribers can now access policy-related info, services on WhatsApp
Source: IANS
8/02/2023 5:08:44 PM
Pinterest reaches 450 mn monthly active users globally Photo-sharing social media platform Pinterest on Tuesday said it now has 450 million monthly active users (MAUs) globally, growing 4 per cent year over year. The company CEO Bill Ready said the global mobile app users, which account for over 80 per cent of the impressions and revenue, grew 14 per cent. "Our US and Canada mobile app users grew 5 per cent, accelerating from last quarter. More importantly, sessions continued to grow significantly faster than users, demonstrating deepe...
Pinterest reaches 450 mn monthly active users globally
Pinterest reaches 450 mn monthly active users globally
Source: IANS
7/02/2023 6:32:52 PM