GNA Axles’ Q1 profit jumps 67% as sales pick up
GNA Axles’ June-quarter profit climbed sharply on the back of robust revenue growth, even as raw material and operating costs increased.
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Borosil Renewables swings to Q1 profit as revenue grows 17%
Borosil Renewables returned to profit in the June quarter as revenue grew, operating margins improved sharply and domestic solar glass makers benefited from lower pressure from cheap imports.
Hexaware Tech partners with Factory to bring AI agent-based software development to enterprises
Hexaware Technologies partnered with Factory to offer agent-native software development to global enterprise clients, integrating Factory’s Droid platform into Hexaware’s ecosystem.
US stock market today: Dow futures rise, Nasdaq futures fall as chip stocks slide ahead of earnings
US stock futures were mixed on Thursday, with Dow futures rising while the S&P 500 and Nasdaq futures slipped as investors assessed corporate earnings, AI-driven momentum, and the escalating US-Iran conflict. Focus also remained on TSMC’s results, upcoming Netflix earnings,…
Waaree opens battery storage factory with bigger-than-planned capacity
Waaree Energies has started operations at its battery energy storage manufacturing facility, increasing planned capacity to 5.15 GWh as it steps up its push into India’s fast-growing clean energy market.
Mid-cap IT, EMS and defence offer better growth opportunities: Quest Investment Managers
Rakesh Vyas, CIO & Portfolio Manager at Quest Investment Managers says valuations in mid-cap IT services have become attractive and offer better growth visibility than the broader sector. He also remains positive on EMS, preferring Avalon Technologies over peers, while…
What are leveraged ETFs and how are they driving the AI rally?
Single-stock leveraged ETFs, popular in Asia for South Korean chipmakers Samsung Electronics and SK Hynix, are boosting volatility and worrying regulators. South Korea’s FSC announced new measures.
A cancelled overseas order sent this engineering stock down 13% from day’s high
JNK India shares fell sharply after the company said an order from CC7 Emirates Engineering Solutions had been cancelled, offsetting optimism from a series of large domestic and international contract wins announced in recent weeks.
AlphaGrep launches mutual fund to bring quant investing to retail
AlphaGrep Investment Management, a quantitative investing firm with 16 years of institutional experience, is launching its first mutual fund offer aimed at retail investors, a multi-asset allocation fund. CEO Bhautik Ambani explained that the fund uses AI-driven models to decide…
Foreign capital could rotate to India as AI trade loses steam: Bandhan AMC CIO
Manish Gunwani, CIO – Equity at Bandhan AMC, said India offers an attractive risk-reward proposition as signs of fatigue emerge in the global AI trade. He also sees value in large-cap IT, selective new-age technology firms and asset managers while…