The company reported consolidated net profit at Rs 93.66 crore, which surged 149 percent, as compared to Q1FY20, when it reported loss of Rs 190.91 crore. The net profit margin in Q1FY21 came in at 32.86 percent which jumped by 92.58 percent YoY. … [Read more...] about Info Edge share price gains after Q1 profit surges 149% YoY
Unitedhealth 2q profit surges as aca participation shrinks
Work-from-home culture and more usage of mobile applications amid the pandemic have led to a significant increase in the usage of the company’s offerings. In fact, the positive impact is visible in Q1 FY21 financials as well. … [Read more...] about Ideas For Profit | Route Mobile IPO opens to good response; should you participate?
The company is also in a sweet spot as consumer preferences would shift to delivery or takeaways as they are likely to turn more value-conscious and hygiene is likely to be at the forefront across all verticals. … [Read more...] about Ideas For Profit | What makes Jubilant FoodWorks attractive despite expensive valuation, shrinking store count
Cooking food at home is gaining traction as consumers become more hygiene conscious, considering the importance of health-building and immunity to stay healthy with the coronavirus infection spreading rapidly. … [Read more...] about Ideas For Profit | What makes Hawkins Cookers a differentiated rural consumer play
Aggregate stock futures OI was also not too impressive. This is because the rise was fairly restricted to a limited number of stocks, some of which could attract longs. This led to majority of stocks ending up with rise in OI and fall in price equation labelled as shorts for the week. Considering the mid expiry time, relatively higher share (more than half of participating stocks) witnessed unwinding in OI. This left us with longs as the least favourite OI activity for the week. … [Read more...] about ‘Nifty rebound amid lack of participation concerning, hedge Nifty via Modified Put Butterfly’