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Groww

@_groww

1 Aug

The year: 1847.

A middle-aged man was stressed and restless in a hall of his house.

In another room, his wife was about to give birth.

This was his 7th child. The 6 children before had all died.

A healthy little boy was born.

(Thread)

The family was not extravagantly rich but was well to do.

The boy grew up with his siblings (those born after him) who were well regarded by the neighbors.

They thought the siblings were all level-headed.

Except for the one boy we’re talking about - he was endlessly energetic and restless.

They once found him sitting on duck eggs - trying to hatch them (he was unsuccessful).

Read 25 tweets

Groww

@_groww

30 Jul

Today: core sectors output up, fiscal deficit narrows, Q1 results, IPO corner, & more

The markets ended in the red today. Metal and financial stocks dragged the indices down.

India’s fiscal deficit stood at ₹2.74 lakh crores or 18.2% of the full year’s budget estimate at the end of the Apr to Jun quarter in 2021.

This is a 58% fall from the same quarter last year.

Read 10 tweets

Groww

@_groww

29 Jul

Today: Kerala cases going up, Tech Mahindra results, IPO corner, & more

The markets ended in the green today. Metal and IT stocks were the top performers.

India reported 43,165 covid-19 cases yesterday out of which Kerala reported 22,056 cases.

Kerala has been reporting over 50% of the country’s total positive cases over the last two days.

Read 6 tweets

Groww

@_groww

25 Jul

Around 1000 years ago, a particular flower was becoming popular in Turkey.

This flower was primarily found in Central Asia. Not in Turkey.

Its appearance was so unique and striking, it caught the attention of the royals of Turkey.

(Thread)

Its name was derived from the Turkish word for turban. The tulip flower.

In the 1500s, the Sultan of Turkey fell deeply in love with the flower. He ordered for the flower to be extensively cultivated to decorate his palace.

In early the years of the 17th century, a botanist from the Netherlands traveled to Turkey. He was fascinated with the palace’s obsession with the tulip flower.

The flowers looked very beautiful, indeed.

Read 23 tweets

Groww

@_groww

23 Jul

Today: AGR trouble mounts for Airtel and Vi, Q1 results, Zomato listing, & more

The markets ended in green today. Banks and financial stocks were the top performers.

The Supreme Court of India has rejected the appeal by Vodafone-Idea (Vi), Bharti Airtel and Tata Teleservices in the AGR issue.

The companies had appealed for a correction in the calculation of their respective AGR dues.

Read 6 tweets

Groww

@_groww

22 Jul

Today: Q1 results corner, & more

The markets ended in the green today. Financials, IT and metal stocks were the top performers.

The net profit of Bajaj Auto during the Apr to Jun quarter was ₹1,061 cr. This is a 101% jump from a net profit of ₹528 cr during the same quarter last year.

Revenue from operation was up almost 140% to ₹7,386 cr.

Read 5 tweets

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