NBCC Q2 Results: Net profit jumps over 50% but margin narrows from last year
NBCC shares are down over 35% from its recent peak and that correction from the highs has trimmed the stock’s year-to-date advance down to 65%.
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Sensex plunges 984 points, Nifty breaches 200-DMA as ₹20 lakh crore in market capitalisation wiped out
The Nifty index dropped 324 points, closing at 23,559, a five-month low, while the Sensex plunged 984 points to end at 77,691. The Nifty is…
SoftBank to make ‘thoughtful, gradual’ exit from Ola Electric, says Sumer Juneja
Who will be the EV market leader? Juneja is of the view what Bhavish Aggarwal has created is just absolutely unbelievable. He started the first…
Kalyan Jewellers Q2 Results: Net profit drops to ₹130 crore due to one-time loss, revenue rises 37%
Ramesh Kalyanaraman, Executive Director, Kalyan Jewellers India said the company is upbeat about the ongoing wedding season across India and hopes to end the calendar…
Wockhardt narrows loss, lifts margins in Q2; shares climb 5%
Wockhardt’s Q2 loss narrowed to ₹16 crore from ₹73 crore a year earlier, bolstered by a 7.4% revenue rise and expanded margins, sending shares up…
Suzlon Energy shares decline for the fifth day in a row, extend fall from peak to 40%
As of close to 3 PM, as many as 18.26 crore shares of Suzlon were traded, which is nearly 4 times higher than its 20-Day…
Will Zomato shares double or fall 50%? Here are two contrasting views
Two brokerages came out with contrasting views on Zomato, while one is expecting the stock to double, the other expects the stock to halve from…
Alkem Labs Q2 Results: Revenue falls but profit and margin expand from last year
In the domestic market, Alkem CEO Vikas Gupta said the focus remains on augmenting the growth of large brands and making strategic portfolio additions. He…
Nazara Technologies joins ONDC to unlock in-game monetisation, shares rise 3%
Nazara Tech Share Price | Nazara Technologies informed the exchanges on November 13 that it has integrated with the Open Network for Digital Commerce (ONDC)…
Nifty may fall another 10% in 3-6 months, says Macquarie’s Sandeep Bhatia
Earnings downgrades that now come in will be in double digits after a disappointing earnings season, according to Bhatia, who adds that the real challenge…