Aether Industries Q2 Results: Net Profit falls to ₹35 crore; revenue rises 21%
On the operating front, Aether Industries’ EBITDA rose 16.6% to ₹53.4 crore in the quarter under review from last year’s ₹45.8 crore.
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IndusInd Bank shares may see MSCI inflows worth $290 mn in February 2025, says Nuvama
IndusInd Bank’s September quarter shareholding pattern shows a substantial reduction in FII stakes. The stock was trading marginally lower at ₹1,340.45 on NSE today.
Prestige Estates shares drop over 3% on dip in sales, volumes in September quarter
Prestige Estates Share Price | The real estate developer registered sales of ₹4,022 crore in the second quarter, a significant drop from ₹7,093 crore from the previous year.
Polycab, Havells, KEI Industries Q2 Results — The key things to know
Despite the correction from their respective peaks, shares of KEI and Polycab are still trading above their five-year average price-to-earnings multiple.
Zomato may raise ₹8,500 crore through its QIP, say sources — Why is it significant
Zomato’s cash balance at the end of the June quarter stood at ₹12,539 crore but that was before the company signed definitive agreements to acquire Paytm’s entertainment ticketing business for ₹2,048 crore.
CEAT shares fall over 6% after Q2 results but recover from the lows
CEAT Share Price | The flagship company of the RPG Group, on Thursday, reported a 41.5% year-on-year drop in consolidated profit after tax (PAT) to ₹121.5 crore for three months ended September 2024. In comparison, the company had posted a…
Infosys shares fall after no positive surprise in Q2 but analysts see stock going up to ₹2,330
Nomura said that while the Project Maximus impact continues to play out on margins, Infosys remains its top pick in the sector.
Axis Bank shares rise 4% after Q2 results; brokerages turn bullish
The bank’s results prompted brokerages to issue positive calls on the stock.
IGL, MGL shares fall up to 13% post profitability warning: Will the sector see a de-rating?
As city gas distributor companies’ reliance on market-linked gas reaches 50% and continues to increase, they may have to prioritise maintaining margins over pursuing volume growth. This situation could lead to a derating of the sector, brokerage firm Jefferies said…
Q&A | Angel One MD & CEO on the new SEBI rules, impact on financials and guidance
Dinesh Thakkar, CMD of Angel One, noted that the introduction of their Super App last year has positioned them as the second-largest provider in terms of incremental SIPs for mutual funds.