IEX shares in focus after this negative development on market coupling
The introduction of market coupling can meaningfully shift volumes to competitive exchanges. Currently, IEX has a market share of nearly 85% in the spot market.
Uncategorized
Tesla shares fall 5% afterhours after Elon Musk warns of ‘a few rough quarters’
Auto revenue for Tesla fell to $16.7 billion from $19.9 billion last year, within which, the revenue from sale of auto regulatory credits fell to $439 million from $890 million last year.
Alphabet beats earnings estimates, raises capex guidance on AI demand
Alphabet reported $96.43 billion in revenue for the quarter, higher than estimates of $94 billion, while its EPS of $2.31 was also a beat on the $2.18 billion expected.
SEBI issues FAQs pertaining to regulatory provisions for Research Analysts
SEBI mandates NISM certification for research service associates within a year. Institutional investors exempt from signed consent, but RAs must disclose terms.
CMS Info Systems Q1 Results | Net profit up 3% to ₹94 crore; announces acquisition of Securens
The company recorded 1,53,000 business touch points in its Cash Logistics segment, reflecting a 9% year-on-year growth. It also secured new order wins worth ₹500 crore during the quarter. Shares of CMS Info Systems Ltd ended at ₹500.20, down by…
Tilaknagar Industries to acquire Imperial Blue division from Pernod Ricard for ₹4,150 crore
As per the Business Transfer Agreement, the deal includes a deferred payment component of €28 million (approximately ₹282 crore), which will be payable four years after the closure of the transaction. Shares of Tilaknagar Industries Ltd ended at ₹473.05, up…
Oracle Financial Q1 Results | Net profit up 4% to ₹642 crore on strong services growth
At the operating level, Q1 EBITDA rose 1% YoY to ₹850.7 crore over ₹842 crore, while the EBITDA margin dipped to 45.9% from 48.3%. Shares of Oracle Financial Services Software Ltd ended at ₹8,772, up by ₹60.95 or 0.70% on…
Force Motors Q1 profit spikes 52% as revenue, margins expand
The company’s revenue from operations in Q1FY26 increased 21.9% to ₹2,297 crore against ₹1,885 crore last year. Shares of Force Motors Ltd ended at ₹17,260, down by ₹240.90 or 1.38%, on the BSE.
Stocks to Watch: Infosys, Bajaj Housing Finance, BEML, Persistent Systems and more
Infosys and Bajaj Housing Finance posted solid profit growth, with Persistent Systems and Dr Reddy’s largely meeting estimates. Tata Consumer edged past profit forecasts despite slightly lower revenue. Meanwhile, IndusInd Bank, BEML, Bikaji Foods, and Inox Wind unveiled strategic moves,…
IndusInd Bank board clears ₹30,000-crore fundraise via debt, equity instruments
The board approved raising up to ₹20,000 crore through debt securities in any permitted mode on a private placement basis, including foreign currency issuances, subject to approvals and clearances. Shares of IndusInd Bank Ltd ended at ₹851.75, up by ₹8.90…