LT Foods shares increased 4.73% to Rs 113.95 today, from a previous close of Rs 108.80 on the BSE. The company’s market capitalization was Rs 3,911 crore.
In comparison, the Sensex has grown 97% throughout this time. LT Foods shares increased 4.73% today to Rs 113.95 on the BSE, from a previous closing of Rs 108.80. Previously, the shares opened lower on the BSE at Rs 107.70.
In terms of technicals, the stock’s relative strength index (RSI) is 58.6, indicating that it is neither overbought nor undersold. The beta of LT Foods is 0.9, indicating moderate volatility over the course of a year.
The stock has climbed 44% in a year and dropped 2.38% this year. On the BSE, 1.33 lakh shares of the company were traded, resulting in a turnover of Rs 1.49 crore. The firm’s market capitalization was Rs 3,911 crore.
LT Foods’ net profit increased 33.49% to Rs 95.27 crore in the December quarter of the fiscal year, compared to a profit of Rs 71.42 crore in the quarter ending December 2021.
The company reported a 6.62 percent increase in profit to Rs 292.18 crore, up from Rs 274.05 crore the previous year.
Sales increased 14.46% to Rs 5427.37 crore in the fiscal ended March 2022, compared to Rs 4741.92 crore in the fiscal ended March 2021. Sales for the fiscal year ending March 2020 totaled Rs 184.50 crore.
The Business
LT Foods is a food firm that specialises in consumer food. Across the globe, the company is active in speciality rice and rice food items, organic food, and ingredient industry.
The business is divided into three divisions: Basmati and Other Specialty Rice, Organic Food and Ingredient Business, and Convenience and Health.
Roman Saini is a doctor, entrepreneur, educator, former IAS official, motivational speaker, and former IAS officer. The education effort “Unacademy,” which offers online (paid and free) instructional content for competitive tests, was co-founded by him.
Biography:
Roman Saini was born in Raikaranpura Village, Kotputli Town, Jaipur, Rajasthan, on July 27, 1991 (age 27 as of 2018). He was raised in a middle-class family with strong academic credentials, which aided in his academic success.
Saini always had an ambition of revolutionising the education sector. He passed the AIIMS test at the age of just 16. Before the age of 18, he also had a research paper published in a reputable medical publication. But that’s not all he’s accomplished. He passed one of the world’s most difficult exams, the UPSC Civil Services, at the age of 22.
He served as a Junior Resident in Psychiatry at NDDTC after earning his MBBS. However, he left his position within six months after passing the 2014 UPSC Civil Services exam. He was Madhya Pradesh’s youngest IAS to be appointed collector.
Roman’s Life Before Unacademy:
Unacademy’s adventure began in the year 2010. Then, anyone interested in learning may watch free live online lectures on YouTube thanks to Unacademy. Saini left his position as an IAS in order to begin his own entrepreneurial adventure. It’s difficult to leave a comfortable and high-profile job. Unacademy became a firm in 2015 after receiving official registration as a business. The headquarters of Roman Saini were created in Bengaluru, Karnataka, the nation’s startup hub.
Roman cherished IAS and all it had to offer, as well as the change he could make there. But as a child, he adored becoming an educator and finding solutions to the education problem. His vocation was as a teacher. Despite their disappointment in him, his parents had faith in him and believed they could rely on him. After some discussions, they decided to support him and began to offer suggestions for Unacademy. Roman is merely carrying out his true calling and a childhood passion. He is gaining knowledge, passing it on, and repairing what is damaged in the process. Roman thinks that everyone has the intelligence, talent, and character to accomplish everything they set their minds to in life and that no one is a born genius.
Unacademy:
In 2016, the Unacademy app made its official debut. Together with Gaurav Munjal and Himesh Singh, Roman co-founded this business. Gaurav was already a teacher before to this venture at his Unacademy YouTube channel. Himesh and Gaurav were co-owners of Flatmate, a business they sold to focus solely on Unacademy. Finally, their efforts paid off, and Unacademy now has 13 millionstudents and over 10,000 educators.
Roman passed the Civil Service Exam on his first try when he was 22 years old and received the AIR 18. One of the youngest candidates in India to pass the test was him. He joined as the Assistant Collector in Jabalpur, Madhya Pradesh, after completing his training at the Lal Bahadur Shastri Academy of Administration (LBSNAA), located in Mussoorie. Saini left his position as Assistant Collector in 2016 so he could focus more on his “Unacademy” project.
Personal Life:
Roman comes from a typical Indian family in which the mother is a housewife and the father is an engineer. Ayushee Saini, his sister, is a medical student, and their brother, Avesh Saini, is a paediatrician. career jump-start began as a junior resident physician at AIIMS, when he encountered impoverished areas and disadvantaged people, which inspired him to take action to address these issues in India.
Facts about Roman Saini:
1.He enjoys travelling, solving puzzles, listening to music, and playing the guitar.
2.Unexpectedly, Roman did not enrol in a coaching programme to get ready for the UPSC exam. He simply looked at the test series and Vajiram material. He choose medical sciences as his elective. 3.Roman is a reclusive individual. He despises going to social gatherings. 4.His close friends and family think he’s unusual since he exists in his own little universe. 5.Roman began as a typical student who had no interest in his academics. He decided to take the medical entrance exam and passed it since he was interested in the subject area of biology. 6.Roman responded, “I believe we can achieve anything if we really want it,” when questioned in an interview about his several profession changes. There were no outside standards for me to surpass. I completed everything.
Lesson we can learn form Roman Saini:
Unacademy is currently one of the largest online learning platforms and one of the ed-tech businesses with the fastest growth in India. According to Roman Saini, learning how to study is the first step towards success. You should prepare for a difficulty before tackling it. When taking a chance, one should do so thoughtfully. Roman must have found it difficult to leave a prominent career, but he had confidence in his abilities and in himself. Luck also has a significant impact. We are fortunate to have access to knowledge in all fields because we were born in this generation. To justify it, we only need to put forth the effort.
Results for Class 10 from CBSE released: Girls outperform males with a pass percentage of 93.12
The CBSE released the Class 10 results on Friday, with 93.12% of students passing the test, a decrease of 1.28 percentage points from the previous year. In order to prevent “unhealthy competition,” the board has additionally stated that it will not disclose the merit list.
According to officials, the board has decided to stop awarding first, second, and third divisions based on pupils’ test results.
Girls once again outperformed boys, with a pass percentage of 94.25. The boys’ pass rate was 92.27 per cent.
For the sake of preventing unhealthy competition among the pupils, the CBSE will not release a merit list. However, the 0.1% of students who received the top scores across all disciplines will receive merit awards from the board, according to a senior board official.
CBSE Class 10 Result 2023: Gender-wise statistics
Girls – 94.25% Boys – 92.27% Transgender – 90.00%
PM Modi’s statement to 12th Graders in response to the 2023 CBSE Class 10th Results
“I would like to tell those bright youngsters who feel they could have done better in the Class XII exams – you have so much more to look forward to in the coming times. One set of exams doesn’t define you. Harness your talents in areas you are passionate about. You will shine!,” PM
tweeted.
HOW TO CHECK CBSE 10TH RESULT 2023
LIST OF OFFICIAL WEBSITES TO CHECK CBSE 10TH RESULT 2023
Mumbai: A little child was detained on Saturday by Mumbai police after he attempted to rob a diamond store there with a toy gun. The 16-year-old youngster admitted to the police during questioning that he committed the crime to obtain funds to use as investments in the stock market. On Saturday at around 5 o’clock, the incident happened at the Shakti Jeweller’s store on 60 Feet Road in Bhayander West.
Police said that when the young suspect arrived at the jewellery store, he told the owner that he had some gold cookies to sell. The child was ordered to leave by the jewellery management when they declined to buy it from him. He originally left the store and returned a short while later holding a plastic gun.
A young man from the Bhayande neighbourhood entered the store and announced to the jeweller that he wanted to sell gold cookies. The jewellers asked the child to leave after declining to buy them. A short while later, the child returned to the store brandishing a toy gun.
At first, nobody at the jewellery store could tell that it was a toy gun, so the child ransacked the establishment. After the robbery, he attempted to run, but several neighbourhood residents apprehended him and turned him over to the police.
A biker grabbed the youngster after a disturbance on the road and called the police on hotline number 112. The child was taken into custody as soon as the police arrived on the scene. It turns out that the weapon was a cigarette lighter.
The CCTV cameras set up in the showroom have recorded the full series of events. A senior police officer said, “An offence under section 393 of the IPC for attempting to commit robbery has been registered in this context.” The youngster will be taken to the correctional facility and brought before the juvenile court because he is a minor.
The boy, a standard tenth pupil from Bhayandar (east), was found to be in severe need of money after investigations proved this.
According to a senior police official, “during questioning, he said he attempted the robbery to make money to invest in the share market.” Police claim that the accused is an SSC student. The child was managing his father’s Demat account, who owns a tea shop. It used to provide him with a solid income, and he wanted to invest more money to increase his wealth.
The plastic gun was confiscated from him by the Bhayander police, and a case has been opened against the young child in accordance with the applicable sections of the India Penal Code (IPC).
The boy will be taken to a facility for young offenders.
WhatsApp is a smartphone instant messaging programme. Along with other features, the programme enables us to communicate texts, photographs, videos, audios, audio recordings (voice notes), documents, locations, contacts, gifs, stickers, calls, and video calls with multiple participants at once…
The contact book is instantly linked into the programme. This allows you to quickly identify all of your contacts who are and are not using the app.
It is not necessary to integrate any kind of password to access the service, in contrast to other programmes.
Facts about Whats App?
One of the most popular mobile messaging apps in the world, according to reports, is WhatsApp. Approximately 2 million users are active globally, according to data from the previous year (2021).
People spend, on average, 38 minutes every day sending and receiving approximately 100 billion messages.
How to use Whats App?
WhatsApp is really easy to use. To converse with someone, you merely need to know their cell phone number. Entering your mobile device is the initial step, both through the app and through the contact list. If you have the application installed, the next step is to be able to send you the message. Remember that occasionally the recipient must consent in advance if he wishes to receive them.
Is Whats App free?
Whatsapp is still a completely free programme, despite all the rumours that have been spread about this issue. All features continue to work as intended, and the application is still supported thanks to the data it handles anonymously and the information it gathers from applying it to Big Data.
Whats App Business?
It is an application that can also be downloaded for free and its ultimate objective is to suit the needs of small enterprises.
WhatsApp Business offers much simpler communication with consumers, in addition to being able to exhibit the items and services of your store, answer the questions they have during the experience.
With the application you can also create a catalog to show the products and services. In addition, there are special tools that allow you to organize and respond to messages quickly.
WhatsApp Business can also be used by medium and large companies, as they can use it for assistance and send important notifications to their customers.
What are the Types Of Whats App Account?
1.Personal WhatsApp account.
A personal WhatsApp account is the one that most of us make use of to communicate with friends and family on a day-to-day basis. This typically just requires a smartphone user to simply install the app and create an account with their phone number.
With this type of account, a WhatsApp user can send and receive messages from their contacts and create broadcast lists.
2.WhatsApp Business Account.
A WhatsApp Business account is an account type that can be set up on the WhatsApp for Business app. The account is meant for small businesses that’d like to keep their professional and personal messages separate. The WhatsApp Business app is free to use and the account can be leveraged to actively engage with customers.
This type of account lets you set up a Business profile, a greeting message, label conversations, and set up quick replies and away messages. You can also set up a catalog to promote your products, send broadcasts and more.
1.No Racialists are allowed to join the WhatsApp group. 2.No political jokes and religious massage because it can produce a big drama. 3.You aren’t allowed to change the group name and group profile image. 4.You can join the group at any time and can leave the WhatsApp group at any time. 5.Give respect, take respect. 6.For any help, you have to communicate the Admin.
Nexus Select Trust REIT IPO: Most brokerage firms have given it a’subscribe rating,’ citing excellent prices, best-in-class assets, and the fact that there are no public real estate investment trusts in India’s retail sector.
The Nexus Select Trust REIT IPO received bids for 29.16 crore units against an offer size of 18.52 crore shares, with the issue being subscribed to 1.57 times in the afternoon of May 11, the final day of bidding.
The offer consists of a new issuance of Rs 1,400 crore in shares and an offer for sale (OFS) of Rs 1,800 crore in shares.
On May 8, the REIT collected Rs 1,440 crore through its anchor book.
In addition to normal business purposes, the company will use the proceeds of the new issuance to repay loans to asset special purpose vehicles and the investment entity, as well as to acquire stakes in and redeem debt instruments in certain asset SPVs.
As of December 2022, Nexus Select Trust had a portfolio of 17 Grade A urban consumption centres totaling 9.2 million square feet (msf), two complementary hotel properties (354 keys), and three office assets (1.3 msf).
Its portfolio includes 1,044 domestic and foreign brands with 2,893 shops as of December 2022.
‘Subscribe’ is a brokerage term.
Following the IPO, the trust’s equity value will be Rs 15,150 crore, and the NAV per unit in relation to the offer price will be 0.78 at the upper price range.
According to the pricing, “investors would receive an ongoing return of 8.3 percent pre-tax and 7.1 percent post-tax in terms of distributions made by the REIT.”
It has given the IPO a “subscribe” rating, citing Nexus as having India’s largest platform of best-in-class assets, with a presence in 14 key consuming markets and strategically situated in prime in-fill sites with strong obstacles to entry.
As of December 2022, Nexus REIT’s portfolio has a 96.2 percent average committed occupancy.
“The company will also declare and distribute at least 90% of the Nexus Select Trust’s net distributable cash flows as distributions to unitholders,” BP Wealth stated.
Embassy Business Parks REIT, Mindspace Business Parks REIT, and Brookfield India Real Estate Trust REIT are already publicly traded.
While Karwa sees robust passenger vehicle sales due to new product introductions, he anticipates a decrease in commercial vehicle sales.
Despite certain banks’ strong results and upbeat performance, earnings increases have been few and far between, according to Emkay Global’s managing director Krishna Kumar Karwa.
“Numbers have been very good for banks, and banks have recovered from their lows in the last 30-45 days, but in terms of valuation multiples, will we see further expansion of valuation multiples, or are most banks entering a territory of valuation multiples saturation?”
“I haven’t seen too many earnings upgrades across the board,” he noted.
In Q4FY23, HDFC Bank and ICICI Bank both reported positive results. HDFC Bank reported a 21% YoY increase in overall net profit to Rs 12,594.5 crore for the quarter ended March 31 on April 15.
When it comes to the car industry, Karwa believes that the’massive replacement cycle’ in the two-wheeler area is picking up, and that the segment will yield solid results.
While Karwa sees robust passenger vehicle sales due to new product introductions, he anticipates a decrease in commercial vehicle sales.
He also stated that the insurance industry has been in a state of stagnation for almost three to four years, but at good valuations, implying that one investor may look to invest in the market in the next two to three years.
The minister also stated that there are several business prospects in various sectors in India and assured full support to businessmen willing to invest in the country.
According to the MSME Minister, India is on track to become the third largest economy; he encourages industry to continue investing.
He made the statements at the Inventivepreneur Chamber of Commerce and Industry (ICCI) and Ministry of Micro, Small, and Medium Enterprises (MSME)-hosted ‘GIC 23 Intergovernmental Connect’ today.
“From being the tenth largest economy in 2014, India is now the fifth largest.” Only Japan and Germany are ahead of us. “As our prime minister has envisioned, we will become the third largest economy by 2030,” he stated to approximately 200 participants from around the world during the event.
The minister also stated that there are several business prospects in various sectors in India and assured full support to businessmen willing to invest in the country.
According to him, the country will witness many industrial parks in various areas, and investors can explore business potential in this field.
He also stated that the industry must identify areas where imports are occurring and begin creating similar products in order to control inbound shipments.
According to ICCI Vice Chairman Rishabh Malhotra, the overseas delegates comprised industry executives and diplomats from nations such as Spain, Belarus, Mexico, and Africa, among others.
Participants come from a variety of industries, including FMCG, automotive, logistics, electricity, solar, and telecom.
As authorised by the minister, “we will guide them (investors) on various business-friendly policies being offered by the government of India and that of various other countries.”
Over the previous five years, Shemaroo stock has lost 71.82 percent of its value. In comparison, the benchmark Nifty50 index has returned 68.77 percent over the same time period.
Shemaroo Entertainment Ltd has reported total income of Rs. 164.7 crores during the period ended March 31, 2023, as compared to Rs. 150.4 crores during the period ended December 31, 2022.
The company reported a net profit of Rs. 4.84 crores for the fiscal year ended March 31, 2023, compared to a net profit of Rs. 0.88 crores for the fiscal year ended December 31, 2022. The company recorded EPS of Rs. 1.78 for the fiscal year ended March 31, 2023, compared to Rs. 0.32 for the fiscal year ended December 31, 2022.
Recent company developments
She will report to Arghya Chakravarty, COO, Shemaroo. Trivedi moves from Disney Star, where she was executive director, content studio strategy head.
Her ability to create captivating content experiences for audiences and build creative methods meshes perfectly with our aim of providing excellent value to our consumers. We are convinced that Anuja will be critical to Shemaroo’s continuing success and expansion.”
Performance of Stocks
Over the previous five years, the stock of Shemaroo has lost 71.82 percent of its value. The benchmark Nifty50 index, on the other hand, has returned 68.77 percent over the same time period.
