The FinTech Hub
Source: Live Mint Shares of battery manufacturers Amara Raja Energy and Exide Industries have been on a consistent downward trajectory over the past five months, including November, as both stocks face persistent selling pressure. The companies’ recent financial results for the September quarter have failed to boost investor sentiment as both companies reported earnings that…
Source: Live Mint Ola Electric Mobility posted a consolidated net loss of ₹495 crore for the September 2024 quarter (Q2 FY25) on Friday, November 8. The loss declined from ₹524 crore posted in the same quarter last year. However, it was higher than ₹347 crore loss posted in the June 2024 quarter. The consolidated revenue…
Source: Live Mint Tata Motors Q2 Results: Automaker Tata Motors on Friday, November 8, reported an 11 per cent year-on-year (YoY) fall in consolidated net profit to ₹3,343 crore for the quarter ended September 2024 (Q2 FY25). The figure stood at ₹3,764 crore in the same period last year. Meanwhile, the revenue declined by 3.74…
Source: Live Mint Vedanta Q2 Results: Mining major posts net profit of ₹5,603 crore vs loss YoY Read Full Article
Source: Live Mint Indian stock market faced a sharp correction in October, driven by sustained selling from Foreign Portfolio Investors (FPIs), who shifted to more attractively valued markets like China amid weaker domestic corporate earnings. According to data from the National Securities Depository Ltd (NSDL), FPIs recorded net sales of ₹94,017 crore in Indian equities…
Source: Live Mint When the bar is set high, every shortfall appears glaring. A case in point is Trent Ltd’s September quarter (Q2FY25) results where the retailer clocked almost 40% standalone revenue growth to ₹4,036 crore. Taken in isolation, growth is simply stellar. However, it is a moderation from the 50% plus growth rates seen…
Source: Live Mint The IPO of ACME Solar Holdings, which opened for bidding on November 6, continued to receive a lukewarm response from investors on its final day, November 8, with the issue being subscribed only 0.78 times as of 11:40 a.m. today, according to the latest exchange data. However, the retail portion of the…
Source: Live Mint Mahindra & Mahindra Financial Services Share Price Today on 08-11-2024: At 08 Nov 11:08 today, Mahindra & Mahindra Financial Services shares are trading at price ₹273.5, 0.33% up from the previous closing price. Sensex is trading at ₹79486.31, down by -0.07%. The stock has hit a high of ₹276.35 and a low…
Source: Live Mint Stock Market News: The domestic benchmark indices, Nifty 50 and Sensex, opened lower on Friday, started the day lower on Friday, impacted by lackluster earnings and worries about foreign investments. Meanwhile, information technology shares went against the trend following the Federal Reserve’s expected decision to cut interest rates. On Friday, Sensex fell…
Source: Live Mint Swiggy IPO Day 3 LIVE Updates: The initial public offer of Swiggy IPO has been receiving muted response so far from investors. The public issue of the Bengaluru-based online food and grocery delivery company opened on November 6 and ends today, November 8. Swiggy IPO price band has been set at ₹371…
