Pankaj Tibrewal expects FY26 earnings estimate cuts, market consolidation
Pankaj Tibrewal, Founder and CIO of IKIGAI Asset Manager, says the era of easy money is over.
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Supreme Industries Q3 Results: Stock falls after management cuts volume, margin guidance
Net profit for Supreme Industries declined by 27.4% from last year to ₹179.6 crore, while revenue increased by 2.5% from the year-ago period to ₹2,509.9 crore.
Microsoft CEO-backed Groww is said to pick banks for India IPO
The company behind financial services platform Groww Invest Tech Pvt. Ltd. could proceed with an IPO this year, the people said, seizing on the momentum for share sales in India. The IPO could raise $750 million or more and Billionbrains…
Paytm shares could surge up to 40% amid strong growth outlook, says this analyst
Following regulatory disruptions in January 2024, Paytm has reevaluated its business models and is on a sustained recovery path. Adjusted EBITDA profitability is expected in Q4FY25, with a profit breakeven by FY26.
Nazara Technologies shares surge ahead of board meet to consider fund raising
Nazara Technologies is India’s only listed gaming and esports company, with a diverse portfolio that includes leading gaming brands and interactive gaming solutions.
Shares of this defence PSU are up 17% in three sessions; retail stayed put despite stock halving from peak
Shares of Bharat Dynamics had made a record high of ₹1,794 last year and within a few months, had nearly halved from those levels, falling below the ₹1,000 mark as well. Despite this, retail investors have chosen to stay put…
Globus Spirits stock surges 17% after government slashes rice cost for ethanol distilleries
Globus Spirits Share Price | As per the government notification, the rice for ethanol production will now cost ₹22.5 per kg or compared to ₹28 per kg earlier. This in turn will help ease input cost for ethanol producers such…
Indian Overseas Bank Q3 Results: PSU stock surges 5% after profit rises, asset quality improves
Shares of Indian Overseas Bank have gained 21% over the last 12 months.
Zomato Q3 Results Live Updates: Firm set to report earnings today; Blinkit GOV growth likely to be strong
Adjusted revenue for the December quarter will likely grow 55% year-on-year, according to global brokerage firm Jefferies, while net profit is seen at ₹91 crore as against ₹138 crore in the same period a year ago. The Street will also…
United Breweries makes a major announcement on beer supply to Telangana; Stock surges
United Breweries said that this is an interim decision in the interest of consumers, workers and stakeholders.