Tesla shares fall nearly 5% in extended trade after negative free cash flow in Q2
During the quarter, Tesla sold more low-cost versions of the Model 3 and Model Y, after retiring its more expensive flagship models “S” and “X.”
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Dr. Reddy’s Laboratories shares will react to weak Q1 after US-listed ADR falls 10%
In a post-earnings interaction with CNBC-TV18, the management of Dr. Reddy’s said that it is not practical to move manufacturing operations to the US and they will await more clarity on the subject as this is just a social media…
Alphabet shares fall despite earnings beat as capex guidance raised further
Alphabet’s net income also surged courtesy of the gains from its investments made in Anthropic and SpaceX. The other income component itself contributed nearly $100 billion to its net income during the quarter.
Power Grid board approves ₹35,000 crore borrowing limit for FY27, FY28 funding plans
Shares of Power Grid Corporation of India Ltd ended at ₹288.30, up by ₹1.65, or 0.58%, on the BSE.
Market Pulse: Key triggers to watch before the July 23 trading session
Indian investors will closely monitor US market trends, developments in the US-Iran conflict, and key US economic data for directional cues. Oil prices have surged to fresh highs as concerns over supply disruptions persist, even as the US and Iran…
Tanla Platforms Q1 profit up 20% as digital platforms, enterprise communications fuel growth
Shares of Tanla Platforms Ltd ended at ₹565.80, down by ₹0.80, or 0.14%, on the BSE.
Waaree Renewable Q1 profit surges 34%; order book stays above ₹5,300 crore
Revenue from operations rose 53% year-on-year to ₹924 crore during the quarter, while EBITDA increased 48% to ₹173 crore. Company’s EBITDA margin stood at 18.8%, compared with 19.5% in the corresponding quarter last year.
Oracle Financial Services Q1 profit jumps 68% QoQ to ₹1,416 crore
OFSS profit jumped 68.2% to ₹1,416 crore in Q1FY27, revenue up 51.3% to ₹3,125 crore, driven by a one-off deal. Makarand Padalkar resigned, Avadhut Ketkar is new CEO.
Gandhar Oil Q1 profit quadruples as EBITDA margin more than doubles
Gandhar Oil Refinery reported a sharp sequential improvement in its June quarter performance, with standalone profit rising to ₹179 crore as revenue climbed 71.2%. EBITDA margin expanded to 15.7% from 7% in the previous quarter.
Dr Reddy’s ADR falls 5% as profit drops sharply – Check details
The ADR is currently trading at $11.90, down $0.67 from the previous close. The company’s quarterly performance was impacted by provisions related to the semaglutide ingredients issue and a decline in generics revenue in North America.