Nifty 50 ends below 23,600 as sell-off intensifies for sixth straight session
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Kirloskar Industries Q2 net profit up 9.2%; MD Mahesh Chhabria to step down
Kirloskar Industries reported a 9.2% year-on-year rise in Q2 net profit to ₹49.7 crore, with revenue up 7%. EBITDA declined nearly 20%, resulting in margin…
Stock Split: This ferro alloys manufacturer to divide shares after 100% returns in 2024
Nava Ltd. will split one share with a face value of ₹2 into two shares of face value of ₹1. Record date for the said…
Ceigall India shares may see another 48% upside, says JM Financial — here’s why
The brokerage projected Ceigall India’s balance sheet to remain lean with a net debt-to-equity ratio of 0.2x and net debt-to-EBITDA ratio of 0.5x by the…
Siemens sees data center boom offsetting automation slump
Siemens has seen orders for its electrification products jump as the surge in artificial intelligence investments gave rise to more data centers with massive energy…
‘Dugna Lagaan Dena Padega’ — Nilesh Shah’s message to foreign investors
Foreign institutions have been net sellers to the tune of ₹1.1 lakh crore since the start of October in the cash markets. They have been…
SpiceJet shares rise over 4% following ₹763 crore settlement and acquisition of 13 aircraft
As per the terms of the agreement, SpiceJet has also acquired full ownership of 13 EDC-financed Q400 aircraft. Following the announcement, SpiceJet’s shares rose by…
Hindustan Aeronautics Q2 Results: Net profit increases by 22% but margins remain flat
Shares of Hindustan Aeronautics are still up 45% for 2024, despite a near-30% correction from its all-time high levels that the stock had hit in…
Agro Tech Foods changes company name to Sundrop Brands, to acquire 100% stake of Del Monte Foods
Agro Tech Foods will issue 1.33 crore shares of the company with a face value of ₹10 each at ₹975.50 per share on a preferential…
US Fed needs to halt rate cuts to sustain strong dollar, says Ed Yardeni
Ed Yardeni, President of Yardeni Research described the economic outlook in Europe as fairly disappointing and stated that Japan has shown reluctance to raise interest…