Hyundai Motor India’s stock experienced a sharp decline of around 5% following the announcement of weaker-than-expected Q2 FY24 financial results. The dip in share prices reflects investor concerns over the […]
Eicher Motors Q2 Preview: Strong Growth Ahead
Eicher Motors is expected to deliver a solid performance in Q2 FY24, with revenue likely to increase by around 12% year-on-year, driven by a better product mix and strong growth […]
Shree Cement’s Profit Plunges: A Sign of Tough Times Ahead
Shree Cement shares are facing significant pressure after the company reported disappointing results for the Q2 FY2024 quarter, with a massive decline in its net profit. Net Profit: Shree Cement’s […]
Devyani International reported a net loss of ₹7.9 crore for Q2 FY24
Devyani International (DIL), the master franchisee for popular brands like KFC, Pizza Hut, and Costa Coffee, is currently in the spotlight after reporting its financial results for Q2 FY2024, which […]
L&T Technology Services Boosts AI and Digital Capabilities
L&T Technology Services (LTTS) has made a strategic move by acquiring Intelliswift Software Inc., a California-based AI software firm, for $110 million. This acquisition is set to enhance LTTS’s capabilities […]
DCX Systems Shares Soar 5% on Lucrative Export Order
DCX Systems’ shares surged by 5% following the announcement of a Rs 460.3 crore. Order Value: Rs 460.3 crore ($54.8 million) Client: Lockheed Martin Global Inc., USA Product: Electronic Assemblies […]
Asian Paints Q2 Earnings: Profit Slumps 42%, Shares Plunge 9%
Asian Paints’ shares took a significant hit on Monday, November 11, 2024, plunging 9% after disappointing Q2 results. Here’s a breakdown of the key factors behind the decline: Weak Q2 […]
Swiggy IPO Day 2: Subscription at 35%,Retail subscription at 84%
Swiggy IPO subscription, the offering has reached a 35% subscription level. The retail segment an 84% subscription rate, while the qualified institutional buyers (QIB) portion is at 28%. Non-institutional investors […]
Mahindra & Mahindra Q2 Results: A Strong Performance
Mahindra & Mahindra (M&M) has reported a robust performance for the second quarter of FY25, with its consolidated net profit surging 35% year-on-year to ₹3,171 crore. This significant growth is […]
GAIL Soars 5% Following Impressive Q2 Earnings
GAIL’s share price rose by 5% after the company reported a significant 70% increase in its standalone net profit for Q2 FY24, reaching ₹2,405 crore. Despite a minor dip in […]
Waaree Energies Shares Soar 66% on Debut and Valuation
Waaree Energies made a stellar debut in the stock market, with shares surging 66.33% over the issue price on NSE and 69.66% on BSE. The renewable energy giant’s market capitalization […]
Hopes of Trump Win Drive Market Rally by 3%
Optimism surrounding the possibility of a Trump win in the upcoming U.S. presidential election has led to a notable 3% rally in specific markets, particularly benefiting sectors perceived to align […]
Reliance Industries Plans 2025 IPO for Jio, Valued $100 Billion
Mukesh Ambani, chairman of Reliance Industries, is reportedly aiming to list Jio, his telecommunications company, in Mumbai by 2025. This IPO, projected at over $100 billion by analysts, is part […]
Canara Bank Q2 Results: Net Profit Increases 11% to ₹4,015 Crore
Canara Bank reported an 11% year-on-year increase in its net profit for the second quarter of the fiscal year 2024, totaling ₹4,015 crore. Here’s a breakdown of the key factors […]
Adani Ports Q2 Results: Net Profit Surges 40% to ₹2,445 Crore
Adani Ports and Special Economic Zone Limited (APSEZ) reported a strong performance for the second quarter of the financial year 2024-25 (Q2 FY25), with a 40% year-on-year (YoY) increase in […]