CEAT Q1 profit hit by margin pressure despite 22% revenue growth; plans ₹1,205 crore expansion

Shares of CEAT Ltd ended at ₹3,829.30, up by ₹34.50, or 0.91%, on the BSE.

Shares of CEAT Ltd ended at ₹3,829.30, up by ₹34.50, or 0.91%, on the BSE.

HCLTech has signed a seven-year deal with US insurer Guardian that includes acquiring its India technology centre, bringing nearly 2,000 employees into the IT company’s workforce and expanding the use of AI.

Profit booking during Thursday afternoon wiped out the early gains, dragging the index below its intraday lows. A mild recovery in the latter half of the session helped trim losses, with the Nifty settling at 24,072, ending the day almost…

From Tech Mahindra, Wipro, and Piramal Finance reporting its June quarter earning to Sky Gold and Diamonds’ subsidiary suffering a financial loss following a fraud; here are some stocks to track ahead of Friday’s trading session.

Even as Wipro signed 13 large deals during the quarter and continued to strengthen its order book, executives cautioned that converting those wins into revenue is taking longer amid a muted demand environment.

Shares of Havells India Ltd ended at ₹1,168.00, down by ₹9.50, or 0.81%, on the BSE.

PC Jeweller’s board has approved raising up to ₹1,000 crore through a qualified institutions placement (QIP) and proposed increasing the company’s authorised share capital, as it looks to strengthen its balance sheet and support future growth.

Shares of South Indian Bank Ltd ended at ₹45.33, down by ₹0.19, or 0.42%, on the BSE.

Shares of Piramal Finance Limited ended at ₹2,183.10, up by ₹12.20, or 0.56%, on the BSE.

GNA Axles’ June-quarter profit climbed sharply on the back of robust revenue growth, even as raw material and operating costs increased.