Rupee falls 7 paise to 88.69 against US dollar in early trade
The US dollar index is hovering near 99.50, as the market braced for the final chapter of the US government shutdown saga.
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Stock Crash: Pharma stock extends losses after Q2 results; down 27% in 11 sessions
The near-term growth has been weighed down by pharma destocking, project delays of 2-3 quarters at NJ Bio due to slower biotech funding, and extended CMC timelines from partners.
Tata Motors shares fall ahead of CV business Q2 earnings
While Tata Motors mainly comprises of its passenger vehicles business, the CV business had contributed between 18% to 20% to the consolidated entity.
Honasa Consumer shares gain up to 8% after strong Q2 results but remain below IPO price
A near-200 basis points expansion in gross margins and a decline in ad spends to 33.5% of topline from 39.5% last year contributed to the better EBITDA performance for Honasa Consumer, the parent company of MamaEarth.
PG Electroplast Q2 Results Live Updates: Stock surges 6% ahead of earnings announcement
PG Electroplast Q2 Results Live Updates: Consumer durables supplier PG Electroplast Ltd. will be reporting its results for the September quarter later in the day. According to estimates, the company’s revenue is likely to decline by 7% from last year…
Data Patterns shares surge 9% as strong order book offset margin pressure
Data Patterns expects revenue growth of 20-25% and EBITDA margins of 35-40% for FY26. Over the next two to three years, it aims to maintain a 20-25% annual revenue growth rate, led by a strong order pipeline of ₹20,000-30,000 crore…
Big relief for Yatharth Hospitals after I-T department orders release of attached properties, FDs
In an interaction with CNBC-TV18 on September 17, Yatharth Tyagi of Yatharth Hospitals said that he is anticipating a 10% annual growth in the Average Revenue Per Occupied Bed (ARPOB) for the next three years at Shantived.
Four founders of Groww add over $500 million to their wealth
Billionbrains Garage Ventures Ltd., parent of Groww, soared on debut, boosting founders Lalit Keshre, Harsh Jain, Ishan Bansal, and Neeraj Singh’s wealth to $2.42 billion.
India may attract more global fund flows as investors look beyond developed markets: ING
While the end of the US government shutdown is a positive, James Knightley, Chief International Economy at ING highlighted underlying weakness in US jobs and consumer data, reinforcing his expectation of a Federal Reserve rate cut in December.
HAL Q2 margins disappoint but analysts retain optimism on growth prospects
According to CLSA, the recent large fighter aircraft order and visibility on the General Electric (GE) engine co-production deal remain key catalysts for HAL.