BEML Q3 Results: PSU Stock slides 10% after net loss; operating profit nearly wiped out

With the fall seen after its Q3 results, shares of BEML have turned negative in terms of returns for the last 12-month period.

With the fall seen after its Q3 results, shares of BEML have turned negative in terms of returns for the last 12-month period.

Siemens Limited reported a steady performance in the October–December period, with revenue and orders rising, while profit fell sharply year-on-year due to a one-off labour code impact.

MRF’s board has also approved its second interim dividend of ₹3 per share, and the record date for the same has been fixed as Friday, February 13.

Greaves Cotton reported a strong Q3 performance with profit and EBITDA rising sharply year-on-year, supported by healthy revenue growth and margin expansion; shares traded higher after the results.

Zydus Lifesciences received USFDA Orphan Drug Designation for Desidustat to treat Sickle Cell Disease, with incentives and study data pending publication.

Bharti Airtel posted steady Q3 growth with revenues and EBITDA rising sequentially, driven by higher ARPU, strong Homes additions and Africa performance, even as net profit eased marginally.

All GMP certificates issued by NCPHP revoked; corrective actions underway, EU exports form 0.32% of Panacea Biotec Limited’s revenue

Shares of VRL Logistics Ltd ended at ₹278.30, down by ₹4.50, or 1.59%, on the BSE.

Yields on the 10-year bonds increased sharply soon after the end of the Governor’s statement. Here’s why.

The announcement on January 1 had triggered a sharp fall in shares of ITC, prompting multiple downgrades by analysts, who feared risks to the company’s earnings estimates. The stock fell to the lowest level in three years, with the number…