Schaeffler India reported double-digit growth in profit and revenue for the June quarter, although operating margins eased slightly as geopolitical cost pressures weighed on earnings despite strong business momentum.
HEG delivered a healthy earnings beat driven by strong margin expansion and improved operating leverage, while simultaneously advancing its transition toward higher-value advanced materials and battery supply-chain opportunities.
IndusInd Bank’s stronger-than-expected June quarter earnings and falling funding costs could force analysts to revisit their estimates, even as the stock trades above the current consensus target price.
Revenue jumps 63% YoY; company plans a new renewable energy SPV and to raise stake in AP NGEL Harit Amrit to 51%
Shares of Shoppers Stop Ltd ended at ₹376.25, down by ₹9.05, or 2.35%, on the BSE.
While the Nifty has broken a key support but continues to remain in its range, the Nifty Bank has broken the 1,000-point range it traded in for the last few sessions. The index has now broken below the 57,500 mark…
IndusInd Bank said its growth momentum has been achieved without compromising portfolio quality, with annualised slippages improving across segments and MFI asset quality recovering materially. The lender also said it sees no immediate need to raise fresh capital.
Foreign institutional investors resumed selling Indian equities on Wednesday, while domestic institutional investors also remained net sellers, as broad-based weakness dragged the Sensex down 715 points and pushed the Nifty below 24,000.
US stock futures slipped ahead of the opening bell as investors awaited earnings from Alphabet and Tesla while tracking a sharp rally in oil prices and fresh tariff announcements by President Donald Trump. Nasdaq-100 futures led losses, while Brent crude…
Shares of Sona BLW Precision Forgings Ltd ended at ₹726.15, down by ₹7.05, or 0.96%, on the BSE.