Single-stock leveraged ETFs, popular in Asia for South Korean chipmakers Samsung Electronics and SK Hynix, are boosting volatility and worrying regulators. South Korea’s FSC announced new measures.
JNK India shares fell sharply after the company said an order from CC7 Emirates Engineering Solutions had been cancelled, offsetting optimism from a series of large domestic and international contract wins announced in recent weeks.
AlphaGrep Investment Management, a quantitative investing firm with 16 years of institutional experience, is launching its first mutual fund offer aimed at retail investors, a multi-asset allocation fund. CEO Bhautik Ambani explained that the fund uses AI-driven models to decide…
Manish Gunwani, CIO – Equity at Bandhan AMC, said India offers an attractive risk-reward proposition as signs of fatigue emerge in the global AI trade. He also sees value in large-cap IT, selective new-age technology firms and asset managers while…
Newgen Software shares fell as much as 8% from the day’s high after the company reported a sharp sequential decline in June-quarter profit and margins.
Polycab’s FMEG business saw 71% growth on a year-on-year basis with growth witnessed across product categories. Solar Products was a key growth driver, with growth doubling over the previous year and it is now the largest category within the FMEG…
South Indian Bank reported a 17% rise in June-quarter profit, supported by improved asset quality, although net interest income declined. The stock traded lower after the results, despite the lender’s healthy advances and deposit growth during the quarter.
DB Corp’s Advertising revenue, a key growth driver, climbed 10% year-on-year to ₹432 crore during the quarter, supported by healthy demand across sectors such as real estate, jewellery, FMCG and government advertising.
Ashwin Patil, Senior Research Analyst at LKP Securities explains why he has retained a ₹1,500 target price, how the fresh capital will be used for expansion, and why Hero MotoCorp’s increased investment in Ather is a strategic positive.
ITI said the order covers the planning, engineering, supply, installation, testing and commissioning of the 4G mobile network on a turnkey basis across 7,613 sites in the West Zone.