Swiggy share price jumped over 6% after the food and grocery delivery major reported its earnings for the second quarter of FY25, with a strong growth in revenue and narrowing of losses.
2 min read4 Dec 2024In Q2FY25, OEMs experienced limited growth due to declines in CV and PV sales. Tyre firms struggled with margins amid rising rubber costs, but diversified auto ancillaries showed robust earnings.
3 min read22 Nov 2024Amid market corrections, 14 Nifty 500 stocks saw gains of 10% to 38%. Syrma SGS Technology led with a 37.5% increase, while Deepak Fertilisers rose 22%. ITI and Kirloskar Brothers also recorded significant gains following positive Q2 results.
2 min read20 Nov 2024Indian 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 2024Titan Company Ltd’s stock has dropped 17% in two months due to weak Q2 earnings and shrinking profit margins. The upcoming wedding season may boost its jewellery segment. Analysts have highlighted key levels to watch while maintaining that the long-term fundamentals of the company remain strong.
1 min read19 Nov 2024Waaree 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 2024Indian 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 2024On November 18, Hazoor Multi Projects’ stock reached ₹53.25 after reporting strong Q2 growth. The stock is up 295% in the last year and 33,180% over five years.
1 min read18 Nov 2024In 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 2024Analysts favor Hero MotoCorp shares over Bajaj Auto, citing the company’s potential to capitalize on a recovery in rural demand. They anticipate robust volume growth in the near term, driven by increased demand for Hero MotoCorp’s new product launches.
1 min read19 Nov 2024The 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