While a major price crash is unlikely due to strong domestic flows, Sunil Tirumalai, Global Emerging Markets Strategist at UBS expects a continued ‘time correction’ for the Indian market.
Wednesday’s gains for Yatra Online have come on very strong volumes as well. 3 crore shares of the stock have already changed hands by 12:20 PM, compared to the 20-day average of just 9 lakh shares at this time of…
The company said that its advanced insurance solutions have been designed specifically for Google Cloud. The new solutions bolster the company’s partnership with Google and highlight their mutual commitment to driving digital transformation in the insurance sector with the help…
After its market debut, Tata Motors’ commercial vehicle arm is sharpening its focus on profitability, logistics growth, and cleaner transport solutions.
Shares of Advanced Enzyme are trading 8% higher on Wednesday after the results announcement at ₹329.75. The stock has declined 6% in the year of 2025 so far, but has gained a similar quantum over the last one month.
Forex traders said renewed optimism over the India-US trade deal supported the domestic unit at lower levels.
Parag Milk Foods reported 10% year-on-year volume growth, led by strong performance in its core categories of ghee, cheese, and paneer, which saw 23% value growth and 14% volume growth.
MPS’ EBITDA margin expanded by 80 basis points to 31% from 30.2% year-on-year, while the company’s net profit saw a growth of 60% from last year to ₹55.4 crore from ₹35.2 crore.
Ahead of the issue launch, Tenneco Clean Air has mopped up ₹1,080 crore from 58 anchor investors. Global investors including Nomura Funds, Fidelity, BlackRock, Government Pension Fund Global, Abu Dhabi Investment Authority, and Goldman Sachs participated in the anchor book.
Rana Gupta, Senior Portfolio Manager and India Equity Specialist at Manulife Investment Management is positive on select digital platforms and sees competition in quick commerce as a long-term opportunity.