The FinTech Hub
Source: Live Mint Kalyan Jewellers Ltd., headquartered in Thrissur, Kerala, released its earnings report for the September quarter, revealing a decline in both net profit and profit margins year-on-year. The jewelry retailer reported a net profit of ₹130 crore, reflecting a 3.3 percent decrease from ₹134.8 crore in the corresponding period of the previous year….
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 Stock Market today: UPL Ltd share price gained more than 7% in the morning trades on Tuesday. UPL had reported its Q2 results on Monday and Volume Driven Growth continued though was offset by price decline UPL share price opened at ₹520.05 on Tuesday on the BSE, slightly higher than the previous…
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 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…
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…
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: Tata Motors share price gained almost 2% in morning trades on Monday and was among largest gainers in the Nifty 50 stocks on a day when benchmark indices traded in the Rd. While Tata Motors Q2 performance was subdued led by Weakness in Jaguar Land Rover margins, analysts say…
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 The Indian stock market continued to consolidate for another week, losing over half a per cent, signalling the continuation of a corrective phase. The week began cautiously due to concerns ahead of the US Presidential elections, followed by a brief mid-week recovery after the poll results. The gains could not hold, reflecting…
