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Shree Cement Q2 Results: Profit tanks 81% YoY to ₹93 crore but beats estimates on higher-than-expected volume growth | Stock Market News

TheSpuzz Desk2 months ago02 mins

Source: Live Mint India’s Shree Cement topped second-quarter profit estimates on Monday, as higher-than-expected sales volumes helped mitigate low prices of the key construction material. The country’s third-biggest cement maker by market capitalisation reported a net profit of 931.3 million rupees ($11 million) for the three months ended Sept. 30, down 81% from year-ago. Analysts…

Indian bond yields rise ahead of domestic, US inflation data | Stock Market News

TheSpuzz Desk2 months ago03 mins

Source: Live Mint Mumbai:Indian government bond yields ended slightly higher after a range-bound trading session on Monday, with investors awaiting domestic and U.S. inflation data for clues on the outlook for interest rates. The benchmark 10-year yield ended at 6.7874%, compared with Friday’s closing level of 6.7762%. The yield traded in a one-basis point range…

Page Industries may find it tough to replicate Q2 success

TheSpuzz Desk2 months ago05 mins

Source: Live Mint Page Industries Ltd’s investors seem confident after its September quarter (Q2FY25) results beat expectations on key parameters. The stock hit a new 52-week high of ₹48,393.70 on Monday and has been up about 5% since the results were announced on 7 November. Revenue growth returned to double-digit in Q2FY25 of around 11%…

PFC share price jumps 9% post Q2 results; Brokerages see 16-28% potential upside on this PSU stock | Stock Market News

TheSpuzz Desk2 months ago04 mins

Source: Live Mint PFC share price: Power Finance Corporation (PFC) share price surged nearly 9% on Monday’s session, following the company reporting a nearly 9% increase in consolidated net profit to ₹7,214.90 crore for the September quarter, primarily driven by greater revenues. The company reported a profit of ₹6,628.17 crore for the same duration of…

Tata Motors: Road ahead smoother after speed bumps in Q2?

TheSpuzz Desk2 months ago06 mins

Source: Live Mint Operating leverage is a double-edged sword, and Tata Motors Ltd illustrates this well. Factors that had dampened sales of its UK-based luxury car subsidiary, Jaguar Land Rover Automotive Plc (JLR), in the September quarter (Q2FY25) have now been resolved, setting the stage for a sales recovery in the second half of the…

Suzlon Energy stock drops over 6% to dip below ₹60 mark, down 28% from 1-year high | Stock Market News

TheSpuzz Desk2 months ago04 mins

Source: Live Mint Stock Market Today: Shares of Suzlon Energy, India’s largest renewable energy solutions provider, fell 6.30% to ₹58.56, slipping below ₹60 for the first time since late July on Monday, November 11. However, the stock recovered its losses and was last trading with a 0.54% gain at ₹62.84 per share as of 1:45…

Sagility India IPO listing date likely tomorrow; what GMP signals about share debut | Stock Market News

TheSpuzz Desk2 months ago04 mins

Source: Live Mint Sagility India IPO: The initial public offering (IPO) of healthcare services provider Sagility India ended on November 7 with a decent subscription. As Sagility India IPO allotment has been finalised, investors now watch out for the share listing date which is likely on November 12. The bidding for the public offer was…

Q2 Results: 44% of companies miss net profit estimates, 27% see weak revenue growth amid demand slowdown: JM Financial | Stock Market News

TheSpuzz Desk2 months ago05 mins

Source: Live Mint The Q2 results season so far has sparked concerns in the Indian stock market as numerous companies reported weaker-than-expected earnings and cautious outlooks. Analysis from JM Financial on 157 companies, out of its coverage universe of 275, indicates mixed results across sectors. Nearly half of the companies missed earnings expectations, suggesting a…

Aarti Industries shares fall 10% to 4-year low as Q2 profit drops 43% YoY | Stock Market News

TheSpuzz Desk2 months ago07 mins

Source: Live Mint Stock Market Today: Shares of Aarti Industries, the flagship company of the Aarti Group, tumbled 10% to ₹427 per share, hitting a 4-year low in trade on Monday, November 11. This decline followed the company’s disastrous performance in the September quarter, with both net profit and EBITDA reaching multi-quarter lows, impacted by…

Smallcap stock below ₹100: Multibagger stock jumps nearly 5% after this acquisition update | Stock Market News

TheSpuzz Desk2 months ago05 mins

Source: Live Mint Shares of MIC Electronics surged nearly 5 per cent in intra-day trading on Monday, November 11 after the company announced the incorporation of its wholly-owned subsidiary, MICK Digital India Limited, on November 8, 2024. The company subscribed to 50,000 equity shares at ₹10 each, totalling ₹5 lakh, with the full amount paid…

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Shree Cement Q2 Results: Profit tanks 81% YoY to ₹93 crore but beats estimates on higher-than-expected volume growth | Stock Market News

Indian bond yields rise ahead of domestic, US inflation data | Stock Market News

Page Industries may find it tough to replicate Q2 success

Tata Motors: Road ahead smoother after speed bumps in Q2?

Q2 Results: 44% of companies miss net profit estimates, 27% see weak revenue growth amid demand slowdown: JM Financial | Stock Market News