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FY27 AIRLINE FORECAST
Iran war, rupee fall to push India airlines' losses to Rs 38,000 croreThe Indian aviation industry is expected to face significant financial challenges in the current fiscal year. A ratings agency has projecte...
Festive demand, capex to fuel India’s industrial growth in H2 FY27 despite risks: ReportFestive demand and sustained public capital expenditure are expected to support India's industrial activity in the second half of FY27, alt...
CarTrade Tech shares tank over 6% after Q2 results, but Nomura raises target price to Rs 3,377. Here’s whyCarTrade Tech shares fell 6.5% after Q2FY27 net profit rose 3% year-on-year to Rs 66 crore, while revenue increased 10% to Rs 213 crore. No...
Meesho shares fall 3% even as Q2 loss narrows to Rs 132 cr. Why Jefferies raised target price but Nomura remains cautiousMeesho shares fell nearly 3% after Q2 FY27 net loss narrowed 68% year-on-year to Rs 132 crore, while revenue rose 34% to Rs 4,132 crore. Br...
Ministry of Civil Aviation reviews Cyclone 'Arnab' situation, operational readinessCyclonic Storm Arnab is expected to intensify as it approaches the Andhra Pradesh coast on October 28. The Union Ministry of Civil Aviation...
IT firms navigate peak pessimism by prioritising growth in stable Q2Analysts said that artificial intelligence (AI) is becoming a significant revenue driver for the majority of Indian IT companies. However, ...
Star Health and Allied Insurance reports 232% profit surge at Rs 264.4 croreStar Health and Allied Insurance achieved a net profit of ₹264.4 crore for the September quarter of FY27. This profit reflects a 232% incre...
India's growth momentum stays resilient despite global headwinds: RBI Deputy Governor Poonam GuptaReserve Bank Deputy Governor Poonam Gupta indicated that India's real GDP growth fell short due to external shocks. She highlighted that In...
Allied Blenders Q2 Results: Profit rises 9.7% to Rs 69 crore, revenue up 6.8%Allied Blenders and Distillers reported a net profit increase of 9.7% in the September quarter of FY27. The company's revenue from operatio...
UPI-MDR an additional earnings opportunity, not Paytm's business model foundation: BrokeragesPaytm has reported a substantial increase in revenue, demonstrating the success of its existing business model. The company's EBITDA has im...
WeWork India H1 net profit rises 150%, revenue up 30.1%WeWork India reported a 149.5% year-on-year rise in first-half FY27 net profit to Rs 119 crore, while revenue grew 30.1% to Rs 1,466.7 cror...
RBI may raise repo rate to 6.25% by 2027 amid inflation risks: Deutsche BankThe Reserve Bank of India is anticipated to raise the repo rate to 6.25% by mid-2027. This increase is driven by persistent inflationary pr...
Sunteck Realty H1FY27 net profit rises 20%, pre-sales up 19%Sunteck Realty recorded a net profit of Rs 99 crore in the first half of FY27. Revenue increased 16% to Rs 512 crore, reflecting strong bus...
BPCL reports 21.45% drop in Q2 FY27 net profit, attributes losses to fuel pricing issuesBharat Petroleum Corporation Limited (BPCL) has reported a 21.45% decline in consolidated net profit for Q2 FY27. The decline is attributed...
Despite global tensions, India’s business sentiment rebounds in Q2 FY27: NCAERIndia's Business Confidence Index has risen to 107.8 in the second quarter of this fiscal year. The survey included 502 companies across si...
JSW Steel Q2 Results: Net profit rockets 225% YoY to Rs 5,279 crore; revenue rises 21%JSW Steel Q2 Results: JSW Steel reported a 225% year-on-year jump in Q2 FY27 net profit to Rs 5,279 crore, while revenue rose 21% to Rs 54,...
Infosys shares jump 3% ahead of Q2 earnings announcement. What to expect?Infosys shares rose on Friday ahead of the IT major’s Q2 FY27 results, with analysts expecting an 11% year-on-year rise in revenue and an 8...
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 ...
Infosys Q2 results preview: Will the results provide oomph to surging IT stocks?Infosys is set to report an 11% rise in year-on-year revenues and an 8% increase in net profits. However, the company may lower its full-ye...
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...