Weak India Inc earnings and downgrades fuel market selloff; will the tide turn in H2FY25? | Stock Market News

Weak India Inc earnings and downgrades fuel market selloff; will the tide turn in H2FY25? | Stock Market News

Source: Live Mint The weak September quarter earnings have triggered a significant selloff in Indian equities in recent weeks, driving stocks to multi-month lows, with some hitting fresh one-year lows. Several recently-listed companies that reported earnings below market expectations faced severe investor backlash, leading them to trade below their issue prices. One notable trend observed…

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Crompton Greaves stock lacks a near-term spark

Crompton Greaves stock lacks a near-term spark

Source: Live Mint Investors in Crompton Greaves Consumer Electricals Ltd are losing their cool as the company faces a tepid September quarter (Q2FY25). Management cautioned analysts of near-term softness in demand for consumer products. Onam sales in Kerala, often seen as an indicator of demand trends, fell year-on-year this time. A hot summer and heat…

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