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Swiggy’s India ownership shift could lift Instamart margins; Q2 loss widens to Rs 922 croreSwiggy is transitioning to an India-owned structure to gain greater control over its Instamart operations and improve margins. The company ...
Tata Motors CV Q2 Results Preview: Profit may rise up to 44% YoY, revenue 45%; margins, volume growth in focusTata Motors Commercial Vehicles is expected to post strong Q2FY27 revenue and profit growth, driven by 43% volume expansion. However, risin...
Swiggy Q2 Results: Loss narrows YoY to Rs 922 crore; revenue jumps 36%Swiggy Q2 Result: Food delivery and quick commerce company Swiggy Ltd on Thursday said its consolidated profit after tax narrowed to Rs 922...
Adani Green Energy shares fall 4% after Q2 results. What are Jefferies, JM Financial saying?Adani Green Energy reported a 15% year-on-year rise in Q2FY27 net profit to Rs 673 crore, while revenue grew 39% to Rs 4,520 crore. Shares ...
IGI shares hit 10% upper circuit as Q2 profit jumps 43%, revenue rises 31% YoYInternational Gemological Institute shares hit the 10% upper circuit after Q2 FY27 revenue rose 31% and profit surged 43% year on year. Gro...
KEI Industries shares tumble 8% despite Q2 profit rising 29%, revenue up 39%KEI Industries shares fell despite strong Q2 FY27 results, with net profit rising 29% and revenue growing 39% year on year. Growth was supp...
Eternal shares jump 2% after strong Q2 show, brokerages see up to 34% upsideEternal shares rose after Q2FY27 net profit surged 92.3% year-on-year to Rs 125 crore, while revenue jumped 77.6% to Rs 24,138 crore. Jeffe...
PC Jeweller shares soar 9% after Q2 net profit rises 58% YoY; plans 100 new stores in 18 monthsPC Jeweller reported a 58% year-on-year rise in Q2 FY27 net profit to Rs 330.66 crore, while revenue grew 28% to Rs 1,054.47 crore. The com...
Mygate, Eternal-backed digital ads firm Adonmo to merge, create Rs 3,500 crore entityAccording to people in the know, the combined entity will be valued at around Rs 3,500 crore. Mygate closed a Rs 225 crore round in June th...
Eternal Q2 Results: Profit soars 92% YoY to Rs 125 crore; revenue zooms 78%Eternal Q2 Results: Eternal, the parent company of Zomato and Blinkit, reported a 92.3% year-on-year (YoY) jump in net profit to Rs 125 cro...
Vishal Mega Mart shares sink 8% as Q2 margin takes a hit despite profit growthVishal Mega Mart shares fell sharply on Wednesday after the retailer reported a 110-basis-point year-on-year contraction in EBITDA margin t...
Paint cos riding price hikes to double-digit growthDomestic paint companies are poised for a 10-15% revenue growth in the September quarter due to price increases. While volume growth is ant...
Eternal, Swiggy expected to report strong Q2 growth; quick commerce profitability in focusEternal’s adjusted revenue is expected to rise 72-73% year on year to around Rs 24,000 crore, while Swiggy’s is projected to grow 34-36% to...
Can Jio Platforms IPO deliver long-term growth for high-risk investors?Jio Platforms, leading India's largest IPO, presents a compelling investment avenue for everyday investors. Despite its massive telecom cus...
European stocks extend slide as French protests dent risk appetitePolitical turmoil in France has cast a shadow over European markets, leading investors to adopt a more cautious stance. The STOXX 600 index...
Hindustan Zinc Q2 Results: Net profit skyrockets 142% YoY to Rs 6,412 crore, revenue soars 77%Hindustan Zinc reported a 142% year-on-year rise in Q2 FY27 net profit to Rs 6,412 crore, while revenue surged 76.5% to Rs 15,093 crore. EB...
Ventive Hospitality in talks to acquire 2-3 luxury hotelsVentive Hospitality, a joint venture between Panchshil Realty and Blackstone, is in discussions to acquire luxury hotels. The company aims ...
Can Bonfiglioli Transmissions IPO deliver long-term growth for high-risk investors?Bonfiglioli Transmissions aims to raise Rs2,534 crore through an upcoming offer for sale. The promoter group's stake will reduce from 100% ...
BHEL shares fall 4% despite Q2 profit jumping 119% YoY. Should you buy, sell or hold?BHEL shares fell 4.3% after rallying on strong Q2FY27 results, even as Nuvama and JM Financial retained their Buy ratings and raised target...
Lenskart Solutions shares crack 5% after Rs 1,985-crore block deal; Alpha Wave likely sells takeLenskart Solutions reported a 182.3% YoY jump in Q1 FY27 net profit to Rs 228 crore, while revenue rose 33.6% to Rs 2,214 crore. EBITDA mar...