Puma shares plunge 23% after Q4 profit misses Street estimates, stock hits lowest level in two decades | Stock Market News

Puma shares plunge 23% after Q4 profit misses Street estimates, stock hits lowest level in two decades | Stock Market News

Source: Live Mint Puma lost more than a fifth of its market value on Thursday after the German sportswear brand reported lower than expected fourth-quarter sales and a drop in annual profit, raising questions about its ability to compete with bigger rivals Adidas and Nike. The poor results late on Wednesday came after Adidas reported…

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HPCL Q3 Results: Net profit jumps five-folds to  ₹3,023 crore on improved margins, revenue hits  ₹1.10 lakh crore | Stock Market News

HPCL Q3 Results: Net profit jumps five-folds to ₹3,023 crore on improved margins, revenue hits ₹1.10 lakh crore | Stock Market News

Source: Live Mint Hindustan Petroleum Corporation Ltd (HPCL) on Thursday reported more than tripling of its December quarter net profit as marketing margins soared. Consolidated net profit stood at ₹2,543.65 crore in October-December 2024 – the third quarter of April 2024 to March 2025 fiscal year (FY25) – compared with ₹712.84 crore earning in the…

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Wall Street today: US stocks edge lower, investors focus on earnings & economic data | Stock Market News

Wall Street today: US stocks edge lower, investors focus on earnings & economic data | Stock Market News

Source: Live Mint US stock indices moved in opposite directions on Thursday, as investors focused on corporate earnings and awaited President Donald Trump’s address to World Economic Forum (WEF) in Davos. At 09:49 a.m. ET the Dow Jones Industrial Average rose 77.68 points, or 0.18 per cent, to 44,234.41, the S&P 500 lost 3.29 points, or 0.05…

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Expert view: Rural housing, irrigation, ELI, Jan Dhan to be in focus in Budget 2025, says Mohit Khanna of Purnartha | Stock Market News

Expert view: Rural housing, irrigation, ELI, Jan Dhan to be in focus in Budget 2025, says Mohit Khanna of Purnartha | Stock Market News

Source: Live Mint Expert view: Mohit Khanna, CFP, Fund Manager at Purnartha PMS, believes the Union Budget 2025 will focus on youth, women, the poor, and farmers. He expects higher spending on rural housing, irrigation, ELI (employment-linked incentives), Jan Dhan, etc. In an interview with Mint, Khanna also shared his views on the Indian stock…

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Cyient Q3 Results: Net profit drops 31.7% to  ₹122.3 crore, revenue up 4% QoQ; stock gains 6% | Stock Market News

Cyient Q3 Results: Net profit drops 31.7% to ₹122.3 crore, revenue up 4% QoQ; stock gains 6% | Stock Market News

Source: Live Mint Cyient Q3 Results: IT major Cyient announced its October-December quarter results for fiscal 2024-25 (Q3FY25) on Thursday, January 23, reporting a drop of 31.7 per cent to ₹122.3 crore, compared to ₹179 crore in the preceding September quarter. The IT services company’s revenue from operations in the third quarter of current fiscal…

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