Asia shares take a breather as Gulf hostilities drag on
Asian shares slip as a new US strike in Iran lifts oil and Treasury yields, investors eye US PCE inflation data and shifting Fed rate expectations, dollar firms, gold eases.
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Ather Energy enters insurance segment with new subsidiary Ather Insurance
Shares of Ather Energy Ltd ended at ₹957.50, up by ₹6.95, or 0.73%, on the BSE.
PG Electroplast profit slumps 55% as weak AC demand, West Asia-linked disruptions hit business
The company said weak room AC sales, LPG shortages linked to the West Asia conflict and transport disruptions together impacted quarterly revenue by nearly ₹420 crore.
RITES signs MoU with Crisil to develop data-driven infrastructure consultancy solutions
Shares of RITES Limited ended at ₹206.25, up ₹1.05 or 0.51%, on the BSE, while shares of CRISIL Limited ended at ₹3,988.55, down ₹27.75 or 0.69%.
Enviro Infra subsidiary bags ₹207-crore hybrid renewable EPC contract
The contract has been awarded to Enviro’s step-down subsidiary Suyog Urja Ltd. Shares of Enviro Infra Engineers Ltd ended at ₹206.50, down by ₹0.95, or 0.46%, on the BSE today, May 27.
Dow jumps nearly 300 points to hit new record as oil prices retreat
US stocks opened higher on Wednesday as falling oil prices lifted sentiment, though sharp losses in cybersecurity shares kept broader market gains in check.
S&P 500, Nasdaq futures rise as AI rally continues; oil falls over 5% on US-Iran talk hopes
Futures tied to the S&P 500 and Nasdaq rose on Wednesday as investor optimism around AI-driven chip stocks continued to support technology shares. Meanwhile, oil prices fell sharply amid reports of possible progress in US-Iran negotiations and easing concerns over…
PhysicsWallah cuts losses sharply in Q4; revenue jumps 51%, margins expand amid AI drive
Q4 EBITDA stood at ₹28.8 crore compared to an EBITDA loss of ₹228.5 crore a year ago. The EBITDA margin improved to 3.1% from a negative 37.5% in the year-ago period. Shares of PhysicsWallah ended flat at ₹112.10 ahead of…
Zydus Life hikes buyback price to ₹1,260; cuts size to 87.30 lakh equity shares
The buyback price has been increased from ₹1,150/share to ₹1,260; the maximum number of equity shares proposed to be bought back has been reduced from 95.65 lakh to 87.30 lakh. Shares of Zydus Lifesciences Ltd ended at ₹1,085.95, up by…
Bata India Q4 margins contract as VRS expense dents profit; revenue rises 5%
Bata India reported a sharp fall in fourth-quarter profit due to a ₹28 crore voluntary retirement scheme expense, even as revenue growth remained steady and the company announced a dividend payout.