A charged-up Amara Raja juggles margin pressure and lithium-ion ambitions

A charged-up Amara Raja juggles margin pressure and lithium-ion ambitions

Source: Live Mint Amara Raja Energy and Mobility Ltd’s weak margin performance in the September quarter overshadowed its 12% year-on-year jump in standalone revenue.  The revenue, which was in line with analysts’ expectations, was driven by increased traction in three segments: two-wheeler and four-wheeler aftermarket, two-wheeler original equipment makers, and exports.  But rising input costs,…

Read More
Nifty 50 slides 4.4% this week, posts largest weekly drop since June 2022 on growing Iran-Israel war fears, FII outflows | Stock Market News

Nifty 50 slides 4.4% this week, posts largest weekly drop since June 2022 on growing Iran-Israel war fears, FII outflows | Stock Market News

Source: Live Mint Concerns over escalating tensions in the Middle East weighed heavily on the Indian market this week, driving the benchmark equity indices lower for the fifth consecutive session on Friday, 4 October. Both the Sensex and the Nifty clocked significant losses in Friday’s trading session. The Nifty 50 closed 0.81% lower at 25,014…

Read More