Q2 Earnings News
Weak India Inc earnings and downgrades fuel market selloff; will the tide turn in H2FY25?
Indian equities faced significant selloff following disappointing September quarter earnings, with mid and small-cap stocks hit hardest. Brokerage firms have lowered earnings estimates, citing reduced government expenditure and slowing urban consumption.
1 min read20 Nov 2024Waaree Energies Q2 Results: Net profit rises 17% to ₹375.65 crore, revenue up 1%
Waaree Energies Limited announced a 17 per cent hike in net profits for the July to September quarter results in the financial year 2024. Shares closed higher ahead of the earnings release in Monday's trading session.
1 min read18 Nov 2024Q2FY25 Review | 45% of companies miss estimates; small and midcaps face larger EPS cuts: JM Financial
Indian corporate earnings for the September quarter fell short of expectations, causing market volatility and FPI exits. Mixed sector performance was noted, with many companies missing estimates, while a few sectors like PSU banks and steel showed strength.
1 min read18 Nov 2024These companies post over 45% YoY rise in Q2 profits even as downgrades increase
In its earnings review, MOSL noted a 1% YoY decline in performance, impacted by global commodities. Notable companies like Hindalco and Apollo Hospitals showed strong growth. The downgrade ratio is at its weakest since FY21, suggesting a challenging earnings landscape ahead.
2 min read18 Nov 2024Penny stock Starlineps Enterprises climbs 5% after exceptional Q2FY25 results
Starlineps Enterprises shares surged 5% on November 18 after reporting strong Q2FY25 earnings, with net profit rising to ₹3.25 crore and revenue more than doubling.
1 min read18 Nov 2024Stocks to Watch: Zomato, Nykaa, Hero MotoCorp, RIL, Godrej Properties, and more
Here’s a quick look at stocks likely to be in focus in today's trade.
1 min read18 Nov 2024‘Indian Rupee could face further depreciation…’: RBI's new challenge of a strengthening US dollar — expert advice
Geojit Financial Services Head of Research, Vinod Nair sheds light on market outlook, valuation, second quarter results, and inflation.
1 min read17 Nov 202491% upside potential! Nomura is bullish on telecom stock Vodafone Idea post Q2 results, retains 'buy' call
Nomura India maintains a 'Buy' rating on Vodafone Idea with a target price of ₹14, indicating a 91% upside. The firm expects Ebitda growth but warns that success depends on securing debt funding for network investments.
1 min read16 Nov 2024Lemon Tree Hotels Q2 Results: Net profit rises 33% YoY to ₹35 crore, revenue up 24%
Lemon Tree Hotels Q2 Results: Lemon Tree Hotels Ltd announced a 33 per cent hike in net profits to ₹35 crore, for the July to September quarter, compared year-on-year. Shares closed higher ahead of earnings release in Thursday's market session.
1 min read14 Nov 2024Hero MotoCorp Q2 Results: Net profit rises 6% to ₹1,066 crore, revenue up 9.9%
Hero MotoCorp Q2 Results: Hero MotoCorp Ltd's net profit rose 6 per cent to ₹1,066 crore in the July to September quarter, compared year-on-year. Shares of the company closed higher earlier to the earnings release on Thursday's market session.
1 min read14 Nov 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared