Deepak Fertilisers Q3: Stock jumps 14% as profit surges over 4x, EBIDTA doubles
Investor sentiment remained strong following the results, pushing Deepak Fertilisers’ stock past 14% hitting an intraday high of ₹1279.15.
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Gold prices hit all-time high: Key factors behind the surge
Analysts attribute the domestic price hike to speculative trading and a weaker rupee.
CAMS Q3 Results: Shares surge 5% on 40.5% rise in net profit and improved margins
The company reported a 40.5% year-on-year increase in net profit for Q3 FY25, reaching ₹125.5 crore, up from ₹89 crore in the same period last…
Sugar stocks rally up to 6% as Cabinet clears ethanol price hike: CNBC Awaaz Sources
Shares of Dalmia Bharat, Bajaj Hindusthan, Shree Renuka Sugars, Bannari Amman Sugars, and Balrampur Chini Mills climbed up to 6% in early trade, buoyed by…
KPIT Tech Q3 Results: Stock in 10% upper circuit after FY25 margin guidance raise
Before the earnings announcement on Wednesday, KPIT Tech’s shares had corrected over 35% from their peak of over ₹1,900 per share.
Ambuja Cements Q3 Results: Sharp contraction in margins, other income aids profit
Ambuja Cements’ standalone EBITDA per tonne fell 43% from last year to ₹595.
Indian Bank Q3 Results: PSU stock jumps 5% on strong profit, NII growth
Investor sentiment remained positive following the results, driving Indian Bank’s stock 5.56% higher to ₹543.25 on the BSE.
Federal Bank: Latest target prices still reflect headroom for good gains
New CEO KVS Manian has brought in a change in Federal Bank’s business model. It could shrink the bank’s profitability in the short term. However,…
Cartrade Tech Q3 Results: Profitability returns after a loss last year; Stock surges
The company’s leadership has expressed confidence in its long-term prospects, stating that CarTrade Tech is well-positioned for sustained growth in the future.
RBI’s liquidity move does not necessarily signal a rate cut: CLSA India strategist
Vikash Kumar Jain, India Strategist at CLSA, is overweight on staples and commodities, underweight on industrials, IT, and healthcare, and has a small overweight in…