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Its EBITDA declined 12% year-on-year to ₹48.2 crore, and margin also contracted to 5.9%, from 6.9% in the same quarter a year ago.

MRF’s Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) for the quarter declined 9% from the year-ago quarter to ₹1,034 crore, while margin narrowed by over 200 basis points to 13.7% from 16.1% last year.

The first sectoral upgrade for IT stocks since the earnings has arrived after a nearly 20% fall in the index this year so far.

While trade tensions with the US could affect sentiment globally, James Knightley, Chief International Economist at ING pointed out that the impact on economic activity in countries such as India and even Europe is limited.

The management of Hindustan Aeronautics had earlier highlighted that they are anticipating double-digit revenue growth from the next financial year, but also added that it could happen this financial year itself.

Given the strong fundamentals and growth prospects, analysts mostly recommended that long-term investors subscribe to the Regaal Resources issue. The valuation appears reasonable when compared to its peers.

All five analysts tracking Yatra Online have a ‘Buy’ rating on the stock, which rallied 53% over the past month. It had touched a post-listing high of ₹157.15 in September 2024 but still trades below its IPO price of ₹142…

In India, 24-karat gold traded at ₹1.01 lakh per 10 grams, while 22-karat stood at ₹92,950 per 10 grams, according to Goodreturns.

Forex traders said the rupee is trading in a tight range and the overall bias is expected to be negative amid uncertainty over the trade tariffs issue between India and the US.

Shrimp stocks like Apex and its peers like Avanti Feeds and Waterbase have witnessed selling pressure recently after the Trump Administration had imposed a 25% tariff on Indian imports, along with another 25% tariff later for buying Russian oil and…