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29 Jul, 6 tweets, 1 min read
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. Image
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.
The net profit of Tech Mahindra was reported at ₹1,353.2 cr during the Apr to Jun quarter. This is a 39% rise from the same quarter in 2020.

Revenue from operations in Jun 21 quarter grew 11.98% to ₹10,197.6 cr.
Glenmark Life Sciences was subscribed 44.17 times at the end of day 3 of bidding.

The IPO received bids for ​​66.32 crore shares against an offer of 1.5 crore shares.
Rolex Rings IPO was subscribed 9.26 times at the end of day 2 of bidding.

The IPO received bids for ​​5.26 crore shares against an offer of 56 lakh shares.

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More from @_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
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
29 Jul
#GrowwQuotient: How to spot red flags in a stock?

(1/10) Image
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Read 7 tweets
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
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. Image
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
22 Jul
Today: Q1 results corner, & more
The markets ended in the green today. Financials, IT and metal stocks were the top performers. Image
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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