Tata Elxsi shares jump 3% after Q2 PAT rises 14% YoY to Rs 229 crore
Tata Elxsi shares rose 2.8% on Friday to day’s high of Rs 7,980.30 on BSE after the company reported a 14% growth in its consolidated net profit, reaching Rs 229 crore for the second quarter, compared with Rs 200 crore in the same quarter last year. Its revenue from operations during the same period increased…
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Sensex drops 150 pts as Q2 earnings kick off on a subdued note; Nifty below 25K
Indian benchmark equity indices Sensex and Nifty opened lower on Friday, dragged down by banking, financial, and IT major Tata Consultancy Services (TCS), which reported a quarterly profit miss, marking a lackluster start to the earnings season for local tech firms. Additionally, Indian equities faced downward pressure as U.S. inflation data for September exceeded expectations,…
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Will Nifty succumb to fear or time for greed to take over? Watch out for these 7 factors
Amid rising fears of a surge in crude oil prices due to tensions in West Asia and the FII outflow of money towards China, the stock market has been falling incessantly for the last five days and recorded its worst week in over two years. “The drag was across sectors led by realty, auto, and…
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