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Source: Live Mint Bharat Dynamics on Thursday posted a net profit of ₹122.5 crore for the quarter ended September 2024, recording a fall of 16.7% from ₹147 crore in the year-ago period. The state-run defence company’s revenue from operations in Q2FY25 declined 11.5% to ₹544.8 crore from ₹615.8 crore, year-on-year (YoY). Operating performance of Bharat…
Source: Live Mint Hyundai Motor Q2 Results: Hyundai Motor India Ltd on Tuesday reported its earnings for the second quarter of FY25, with a fall in net profit and revenue. This is Hyundai Motor’s first earnings report since listing on Indian stock exchanges. Hyundai Motor India reported a 16% fall in its consolidated net profit…
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…
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…
Source: Live Mint Stock Market Today: The markets consolidation continued for another week, losing over half a percent as correction phase continued. The benchmark Nifty-50 index and S&P BSE Sensex ended at 24,148.20 and 79,486.32, respectively. IT and Banks were top outperformers while Realty & utilities were the top underperformers. Bank Nifty ended at 51,561.20…
Source: Live Mint Power Grid Corporation, a Maharatna Central Public Sector Undertaking (CPSU) and the largest electric power transmission company, reported a weaker-than-expected performance for the second quarter of financial year 2025 (Q2 FY25) on Wednesday, November 6. The company posted a consolidated revenue of ₹11,277 crore for Q2 FY25, marking a marginal increase of…
Source: Live Mint Stock Market Today: The Nifty-50 Index consolidated during the last week; however, it ended 0.05% higher at 24304.35, pausing its losing spree during previous weeks. Bank Nifty also ended the week 1.7% higher. The industrials, Real Estate, metals, and Healthcare sectors were the top gainers, while IT and auto were the top…
Source: Live Mint Stock Market Today: The Benchmark Nifty 50 index ended lower on Wednesday after a volatile session. The index broke its two-day winning streak, falling 0.51% to close at 24,340.85. The S&P BSE Sensex, at 79,942.18, was also down 0.53%. The Nifty Bank at 51,807.50 fell about 1% , while the pharma IT…
Source: Live Mint Stock Market Today: Investors were enthused by a pullback rally in the markets after a phase of long correction. The benchmark Nifty-50 index ended the day with gains of 0.65% at 24,339.15, while the Sensex gained 0.76% to end at 80,005.04. The Nifty Bank Index rebounded 0.93%, while all other sectors closed…
Source: Live Mint Yes Bank Q2 results 2024: The board of directors considered and approved Q2 results 2024 on Saturday. In this unaudited standalone Q2FY25 results, Yes Bank reported a rise in net profit from ₹502.43 crore in Q1FY25 to ₹553.04 crore in the July to September 2024 quarter. Read Full Article
