Issue of 30th May-5th Jun 2022
LEAD ARTICLE
Online Moneylife Magazine
Now That the Government Has Admitted to Security Issues with Aadhaar, People Need To Demand Better Security
The withdrawal of a press release warning people about the possible misuse of Aadhaar data, after it went viral on social media, has only added to public anxiety and confusion rather than clarified matters. Here’s what happened.   On 27th May, the regional office of the Unique Identification Authority of India (UIDAI) issued a... Read More
STOCKS
Allcargo Logistics Ltd (ALL) declared its Q4FY21-22 results on 26 May 2022. We had discussed its special situation here. Its net sales increased 72% year-on-year (y-o-y) and declined 2% quarter-on-quarter (q-o-q). The y-o-y increase was on account of a lower base due to the COVID-19 pandemic...
Moneylife Digital Team
In the March quarter, Divi’s Laboratories (Divi’s) clocked stellar revenue growth of 41% y-o-y (year-on-year) to Rs2,518 crore, led by strong performance in the custom synthesis segment which performed well on back of molnupiravir (COVID drug) opportunity. Custom synthesis contributed 66% of...
Moneylife Digital Team
With 44 owned hospitals and around 7,800 operational beds, Apollo Hospitals Enterprise Limited (AHE) is Asia’s largest healthcare group. Further, Apollo Pharmacy is by far the largest organised pharmacy chain in India, with around 4,300 stores on pan-India basis. With Apollo 24/7, the company...
Moneylife Digital Team
In Q4FY21-22, revenue of Valiant Organics (Valiant) jumped by 49% y-o-y (year-on-year) primarily led by higher realisations and ramp-up of para-amino phenol (PAP) plant. Volumes have decreased sequentially: chlorination: 7%, hydrogenation: 15% and ammonolysis: 5%. Chlorination revenue grew by...
Moneylife Digital Team
Hindustan Foods Ltd (HFL) declared its Q4FY21-22 results on 20 May 2022. We had discussed HFL’s business model here. In the quarter, HFL restated its results for Q3FY21-22 and Q4FY21-22 to give effect to its scheme of merger with the Coimbatore manufacturing unit of Avalon Cosmetics Pvt Ltd...
Moneylife Digital Team
BBQ Nation’s (BBQ’s) Q4FY21-22 sales were impacted due to Omicron in January and mid-February which led to a decline in operating profit translating to net loss. Some 45.7% of its restaurants were partially operational. Sales grew by 10.90% y-o-y (year-on-year) and operating profit was flat....
Moneylife Digital Team
Prevest Denpro (Prevest) develops and manufactures innovative dental materials. In FY21-22, its sales jumped 37%; operating profit and net profit have shot up by 87.5% and 71%, respectively, on a y-o-y (year on year) basis. On sequential basis, sales were down by 16% compared to those in...
Moneylife Digital Team
Amid ongoing chip shortages and other supply-related problems, Sona BLW Precision Forgings (Sona) reported a good set of numbers in the March quarter. In Q4FY21-22, revenue inched up by 2% y-o-y (year-on-year) to Rs550 crore, primarily driven by the sharp growth in BEV (battery electric...
Moneylife Digital Team
Sapphire Foods (Sapphire) delivered a good set of numbers, despite several headwinds like inflation and COVID impact in January and February. It was a record-making year for Sapphire as it recorded first-ever net profit. It is on a store-opening spree and is looking to touch 1,100 stores by...
Moneylife Digital Team
MUTUAL FUNDS
The best three and the worst three mutual fund (MF) schemes over the past three years ranked by their quarterly rolling returns. Premium members get access to a more refined list of top schemes by logging into Moneylife...
Moneylife Digital Team
INSURANCE
Quite often, many (and sometimes hidden) terms & conditions (T&Cs), such as long waiting periods on pre-existing diseases (PEDs) or caps on room charges, become a source of disappointment and frustration when one really needs health insurance. Nobody likes claim rejections or going...
Maya M
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