RVNL shares fall 3% after Q2 results miss, operating cash flow turns negative

RVNL’s numbers were better on a quarter-on-quarter basis. Revenue was above expectations from last year but missed expectations compared to Bloomberg Consensus estimates.

RVNL’s numbers were better on a quarter-on-quarter basis. Revenue was above expectations from last year but missed expectations compared to Bloomberg Consensus estimates.

Gokaldas Exports said its Q2 performance was affected by lower volumes in its Africa business due to uncertainty surrounding the African Growth and Opportunity Act (AGOA) rollover.

The biggest data centre owners last year were predicting a slowing of the build-out, but now Su said they’re telling her they’re going to accelerate the pace of investment. “It’s not going to level off,” she said.

Indian IT companies had responded to H-1B visa fee developments earlier this year, stating that they have significantly cut down on their dependence to the H-1B visa.

BSE has formalised a policy to allocate 5% of its derivatives revenue toward the Settlement Guarantee Fund (SGF), which Jefferies mentioned was lower than earlier estimates.

Q2 Results Live Updates: The mid-point of the final week of this quarter’s earnings season is before us and there are plenty of earnings to react and look forward to as well. Asian Paints, India’s largest paints company will be…

Thermax attributed the weak performance to execution challenges, project cost overruns, and an adverse product mix that impacted profitability across key segments such as industrial infrastructure and chemicals.

Shares of Pine Labs are expected to be listed on the NSE and BSE on Friday, November 14.

Asian Paints Q2 Results: India’s largest paints company, Asian Paints Ltd. is set to report its September quarter results later on Wednesday, November 12. The street is anticipating a weak quarter due to heavy and extended monsoons, a weak product…

Sensex Today | Stock Market LIVE Updates: For the mid-week session, sustaining above Tuesday’s high of 25,712 will be key for the Nifty, while it is getting established more clearly that the 25,450 – 25,500 range will remain a strong…