Arpit Nayak is a staff writer for Benzinga, with his work also appearing in Yahoo Finance and Zenger News. Arpit covers a wide range of topics, including finance, business updates, stock market trends, and corporate news. His articles provide insightful analysis and updates to keep readers informed about the latest developments in the financial world.
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Arpit Nayak's coverage predominantly focuses on finance and business news, with a significant emphasis on investment analysis and citing data to support the articles. It appears that he is tuned into developments related to stock performance, company financials, market movements, and IPOs.
Given the nature of his coverage attributes and topics covered, Arpit may be most responsive to pitches from experts in finance who can provide valuable insights into investment trends, stock performance analysis, market movements or offer commentary supported by credible data. Additionally, industry professionals able to provide context around government announcements impacting businesses could also find success reaching out for comment opportunities.
It seems Arpit does not have a specific geographic focus but covers global financial news. Therefore, any relevant insights or expert opinions should consider global implications rather than being region-specific.
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Shares of IndiGo parent InterGlobe Aviation were climbing on Thursday after several brokerages hiked their price expectations on the stock after
In line with its financial performance, the board of Dabur has recommended a final dividend of ₹2.75 per equity share for the financial year 2023-24.
However, global broking firm CLSA recently downgraded HPCL, BPCL and Indian Oil, maintaining its “sell” recommendation on all three companies.
The board also recommended a final dividend of ₹5 per share for the financial year 2023-24.
By: Arpit Nayak
Following the consolidation, Raymond aims to establish two units: one focusing on aerospace and defense, and the other catering to auto components, including EV and engineering consumables. Raymond will hold a stake of around 66.3% in each.
Shares of Avenue Supermarts , the parent firm of the retail chain DMart , were gaining on Monday after its profit numbers for the fourth quarter grew and margins strengthened.
BSE data revealed that the IPO garnered bids for 71.12 crore equity shares against the net issue size of 27.5 lakh shares, resulting in an oversubscription of 258.61 times.
By: Arpit Nayak
However, companies like Godrej Consumer Products, ITC, Jyothy Labs and Varun Beverages, which have adopted certain sustainable practices, are expected to face less impact.
The quarter's net interest margin stood at 13.52%, reflecting a 65 basis point increase from the same period last year. Total income surged by 46% to ₹653 crore, with operating profit witnessing a substantial 63% growth, reaching ₹244 crore compared to the corresponding quarter of the previous year.
By: Arpit Nayak
Over 100 ICICI Securities shareholders have filed a class action suit with the National Company Law Tribunal (NCLT) against ICICI Bank's proposal to delist ICICI Securities.
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