Oil holds two-day drop after US stockpiles rise most since July
West Texas Intermediate traded under $60, after losing 2.4% over the prior two sessions, while Brent settled below $64 on Wednesday.
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Qualcomm gives upbeat forecast, though tax hit takes a toll
The outlook suggests that demand remains strong in the high-end Android phone market, which generates much of Qualcomm’s revenue. At the same time, Chief Executive…
Hindalco shares in focus after Novelis results lead to multiple downgrades, target cuts
A combination of weak results, increase in debt and capex projections, project cost escalations for Novelis have prompted analysts tracking its parent Hindalco to downgrade…
Indian Hotels shares in focus on Thursday after Q2 results, strong outlook for H2
Indian Hotels’ Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) increased by 16% from the same quarter last year to ₹653 crore, while margins expanded…
Dow Jones gains 225 points, Nasdaq recovers after Tuesday’s sell-off on positive macros
What this positive macro data did, is bring down the probability of a 25 basis points rate cut from the US Federal Reserve further down.…
Teamlease Services Q2 Results | Net profit rises 12% on headcount and client growth
Earnings before interest, tax, depreciation, and amortisation (EBITDA) rose 13.7% year-on-year to ₹38 crore from ₹33.5 crore in the year-ago period. On Tuesday (November 4),…
CSB Bank Q2 Results | Net profit up 16% on higher NII, lower costs; deposits grow 25%
Total deposits rose 25% year-on-year to ₹39,651 crore as of September 30, 2025, from ₹31,840 crore a year earlier. The bank’s CASA ratio stood at…
Redington Q2 Results | Net profit surges 24% on broad-based growth across markets
India and the UAE registered 23% year-on-year growth each, while Saudi Arabia (KSA) delivered 10% growth. Africa continued its upward growth trajectory during the quarter.…
Ramco Cements Q2 | Profit surges threefold to ₹77.9 crore, revenue up 9.5%
Revenue from operations rose 9.5% year-on-year to ₹2,238.74 crore in Q2 FY26 from ₹2,044.13 crore in the corresponding quarter of FY25, the company said in…
Blue Star Q2 | Profit rises 3% to ₹98.8 crore; revenue up 9% despite GST, weather headwinds
Blue Star said an extended monsoon and temporary disruptions in sales channels following the GST rate rationalisation for compressor-based cooling products impacted its performance. The…