BUSINESS
Cyient shares rise 2% on partnership with UK-based Thingtrax
Cyient's end-to-end manufacturing services suite and the Thingtrax solution allow manufacturing leaders to improve operational performance by engaging people at every level to embrace a high-performance culture.
BUSINESS
Zensar Technologies gaining back its lost momentum
The stock price gained after Nippon Life increased its stake in the IT firm. Zensar, which lost 13 percent valuation in the last year, has risen 32 percent in the past month.
BUSINESS
Know Your Stock | Intellect Design Arena gains 16% in 3 weeks. What’s behind the rally?
Fintech platform Intellect Design Arena has gained after reporting a steady set of numbers for the December quarter and entering into a collaboration with Amazon Web Services
BUSINESS
JK Tyre shares rise on Rs 240-crore fundraising plan
BUSINESS
Ritco Logistics shares rise; MD Elwadhi given additional charge as CEO
Mr. Sanjeev Kumar Elwadhi, who has over 35 years of experience in transportation and logistics, will be replacing Mr. Dhananjay Prasad, who resigned from Ritco Logistics after serving as the Chief Executive Officer for five years.
BUSINESS
CRISIL shares gain over 2% after 17.5% surge in Q4 net profit
BUSINESS
Biocon reports a consolidated net loss of Rs 42 crore in Q3. Here’s what analysts say
A one-time loss of Rs 271 crore during the quarter, mainly owing to professional fees paid for the acquisition of the global biosimilars business of American company Viatris, triggered the loss
BUSINESS
Nykaa PAT declines 71% YoY to Rs 8.5 crore in Q3, revenue rises 33%
Revenue from operations came in at Rs 1,463 crore, up 33 percent against Rs 1,098 crore in the December 2021 quarter.
BUSINESS
Delhivery shares slide 2% on weak quarterly results. What do brokerages say?
The firm reported a net loss of Rs 196 crore for the third quarter of FY23 against a net loss of Rs 127 crore a year earlier.
BUSINESS
PB Fintech shares on fire with strong Q3 performance, analysts hike target price
The company reported a 66 percent jump in operational revenue to Rs 610 crore from Rs 298 crore reported in Q3FY22.
BUSINESS
Analyst Call Tracker: What is driving the sudden pessimism towards HDFC Life, will it last?
Analysts say the proposed taxation on high-value insurance policies is weighing on the stock given the high share of a single-premium product in its portfolio.
BUSINESS
PB Fintech Q3 loss narrows to Rs 87 crore; revenue up 66% YoY
The company's revenue from operations was up 66 percent at Rs 610 crore from Rs 573 crore in the corresponding quarter of the previous financial year.
BUSINESS
Analyst Call Tracker: How JSW Steel became an expensive buy over the past year
A steep valuation and an industry slowdown were the biggest reasons for downgrades.
BUSINESS
Analyst Call Tracker: Why has street turned optimistic on UltraTech over the last year?
UltraTech benefits from sector specific optimism as well as due its focus on cost optimization, capacity building and improving leverage.
BUSINESS
Analyst call tracker | Bajaj Finserv tops with most upgrades, HDFC Life most downgraded in past month
Bajaj Finserv, Bajaj Finance and Bajaj Auto saw the highest upgrades over the past quarter.
BUSINESS
Piramal pharma shares down 10% on weak operational performance
The company reported 155 percent year-on-year (YoY) decline in Q3FY23 consolidated net loss at Rs 90 crore
BUSINESS
Bharti Airtel clocks 91% rise in Q3 net, misses estimates
Total revenue came in at Rs 35,80 crore, up 20 percent from Rs 29,867 crore reported in the corresponding quarter last year. However, the reported profit missed analysts' projections who were expecting more than 155 percent YoY growth for the quarter.
BUSINESS
Apollo Tyres reports strong Q3 numbers, keeps brokerages upbeat on the stock
Strong operating performance with margin recovery on track, says JM financial.
BUSINESS
Muthoot Finance shares slide on weak Q3 earnings
The company reported 11 percent year-on-year (YoY) decline in Q3FY23 consolidated net profit at Rs 928 crore
BUSINESS
Bharti Airtel Q3 preview: Consolidated net profit to likely jump more than 200% to Rs 2,521 crore
EBITDA margin may see expansion of up to 160 bps YoY on the back of residual benefit from lower SUC charges.
BUSINESS
Divi’s Laboratories reports weak Q3 numbers: Check out what brokerages say
ICICI securities cut its target price to Rs 3,024 per share, remaining cautious on muted growth outlook and pricing pressure.
BUSINESS
Quant Mutual founder indicates reduced exposure to Adani group companies
No emotional attachment to any stock or sector. As soon as we saw the risk profile change, we pruned our exposure, says Sandeep Tandon.
BUSINESS
Divi's Labs Q3 result: Net profit falls 66% YoY to Rs 307 crore
Divi's Labs Q3 result: The pharma company reported a 32 percent decrease in consolidated revenue at Rs 1,708 crore from the year-ago period.
BUSINESS
Divi’s Lab Q3FY23 preview: Consolidated net profit to likely drop 44% YoY
The company’s consolidated revenue will see a drop of 21% YoY, at Rs 1,980 crore. The YoY decline in sales is attributed to the slowing down of Molnupiravir sales as COVID cases fall.
