The 2QFY25 corporate earnings report revealed a weaker-than-expected overall performance, with Nifty earnings growing by just 4% YoY, in line with estimates. This marks the second consecutive quarter of single-digit growth for the Nifty, a trend not seen since the pandemic’s onset in June 2020. The aggregate performance was hit by a drag from global…
READ MOREShares of Honasa Consumer, the parent company of Mamaearth, extended losses for the second consecutive session, falling 34% over two days to their 52-week low of Rs 242.60 on the BSE, after the companyβs Q2 results disappointed the Street. Mamaearth shares fell by 18% in Tuesday’s session, following a 20% decline in yesterday’s trade. The…
READ MOREShares of PSU company Hindustan Aeronautics (HAL) today surged 4% to an intraday high of Rs 4,246 on the BSE today after the company on Thursday reported a consolidated net profit of Rs 1,510 crore for the quarter that ended September 30, 2024, rising 22% over Rs 1,237 crore reported in the year-ago period. The…
READ MOREShares of Trent have fallen by 10% in the last 2 trading sessions to a low of Rs 6,270 on the BSE after the company on Thursday reported that its September quarter standalone profit rose 46% year-on-year (YoY) to Rs 423.44 crore, higher than ET Now poll estimate of Rs 414 crore. Trent’s Q2 revenue…
READ MOREShares of Apollo Hospitals will be in focus today as the company will announce its quarterly numbers for the July-September 2024 period. The company is expected to report strong numbers in the second quarter, led by growth across all segments. Revenues are likely to rise up to 14% year-on-year, and profit for the quarter is…
READ MOREPrivate sector lender Federal Bank shares will be in focus on Tuesday after the bank posted an 11% increase in net profit to Rs 1,057 crore in the September quarter. The lender had earned a net profit of Rs 954 crore in the year-ago period. Federal Bank said in a regulatory filing that its total…
READ MOREThe shares of Nippon Life India Asset Management have surged by 10% to dayβs high of Rs 739.80 on BSE post the announcement of Q2 results and interim dividend. The profit after tax for Q2 FY25 was recorded at Rs 3.60 billion, up by 47% on a yearly basis and up by 44% for H1…
READ MOREShares of aviation major IndiGo will be in focus today as the company will announce its second quarter results on Friday. The airline is likely to report subdued numbers with the company likely slipping back into the losses in the second quarter ended September 2024. While Kotak Equities and Motilal Oswal peg the loss for…
READ MOREShares of IndiaMart InterMesh-operated IndiaMart today fell by 18% to Rs 2,466.80 on the BSE even as the company reported nearly a 95% YoY jump in its Q2 PAT at Rs 135.1 crore. Additionally, the company also reported an 18% jump in its revenue on a year-on-year basis (YoY) at Rs 348 crore for the…
READ MORESouth Indian Bank reported an 18% increase in profit for the second quarter of this fiscal, with earnings reaching Rs 325 crore. In comparison, the bank had posted a net profit of Rs 275 crore during the same period last year The bank’s Net Interest Income (NII), measured by the difference between interest earned and…
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