Shipping Corporation of India’s Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) for the quarter fell by 23.7% on a year-on-year basis to ₹406 crore, while margins narrowed by over 600 basis points to 30.3% from 36.7% during the last…
Forex traders said the rupee sentiment remained fragile amid global uncertainty.
On the outlook, Nalco’s management said it expects London Metal Exchange (LME) aluminium prices to average around $2,670 per tonne in calendar year 2026.
25 analysts have coverage on Nykaa, out of which 12 have a “buy” rating, four say “hold”, while nine others have a “sell”
Gold and silver prices advanced in India, lifted by global slowdown concerns and rising bets on a US rate cut. Analysts expect the metals to consolidate before the next upward move as safe-haven demand stays firm.
Besides results, the World Bank has debarred the company on World Bank’s financed projects, for engaging in alleged corruption and fraud tied to a $486 million project to improve Nigeria’s electric grid.
Madhav Shriram, Director at DCM Shriram Industries, said sugar is treated as a sensitive product and negotiated separately in Free Trade Agreements (FTAs). He added that the industry has highlighted the disadvantages facing Indian sugar exports and urged the government…
Brokerage firm Citi said that with overall consumption trends remaining weak, coupled with increasing competition, cannibalisation, and aggressive expansion in Tier-2 and Tier-3 markets, Trent’s growth rate is likely to moderate further.
Goldman Sachs believes that the easing measures announced by the Reserve Bank of India, GST cuts, and slower fiscal consolidation should aid India’s growth recovery over the next two years.
JSW Cement saw an improvement in performance for the September quarter of fiscal 2026, driven by operating leverage and growth that outpaced the industry. Investor attention will also be on the stock as 3.67 crore shares, representing 3% of the…