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Micron workers in Taiwan to strike in push for bigger profit shareHuge global appetite for chips used in AI data centres has sent revenues soaring for firms that design, produce and assemble them but as th...- UltraTech Cement Q2 Results: Net profit jumps 21% YoY to Rs 1,494 crore; revenue up 19%UltraTech Cement Q2 Results: The cement maker reported a 21% year-on-year rise in consolidated net profit to Rs 1,494 crore in Q2 FY27, whi...
- UltraTech Cement announces board reshuffle; KC Jhanwar to become non-executive vice chairman from January 1UltraTech Cement on Monday announced a board reshuffle, with Managing Director Kailash Chandra Jhanwar set to become non-executive vice cha...
- PSU bank stocks soar up to 8%, but HDFC, Axis and other private lenders fall up to 5% after Q2 results. Why the sharp divide?PSU bank stocks surged up to 8% on Monday, led by Punjab National Bank after its Q2FY27 earnings beat estimates. In contrast, private lende...
- Ixigo shares rally 13% after travel platform reports all-time high profitIxigo shares jumped after the travel platform reported a record Q2 profit of Rs 63.42 crore, partly boosted by the sale of its stake in Fre...
- PNB shares jump 8% after Q2 results beat estimates; Jefferies, Motilal Oswal, others raise target pricesPunjab National Bank shares rose sharply on Monday after the lender reported a 13% year-on-year rise in Q2FY27 net profit to Rs 5,532 crore...
- Kross shares rally 16% after Q2 profit jumps 143% YoY; stock hits 52-week highKross shares surged following strong Q2 FY27 results, with revenue rising 80% and net profit climbing 143% year-on-year. EBITDA more than d...
- HDFC Bank shares fall 2% after Q2 results. What are Jefferies, Motilal Oswal analysts saying?HDFC Bank shares fell up to 2% after the lender reported a 4.6% year-on-year rise in Q2 FY27 net profit to Rs 19,510 crore. Jefferies, Moti...
- Axis Bank shares fall over 4% despite 38% YoY jump in Q2 net profit. Why brokerages are revising target pricesAxis Bank reported a 38% year-on-year rise in standalone net profit to Rs 7,003 crore in Q2 FY27, while net interest income rose 12%. Jeffe...
- IDBI Bank shares in focus as Q2 net profit falls 39%; NII tanks nearly 50% YoYIDBI Bank reported a 39% YoY decline in Q2 FY27 net profit, partly due to a one-off gain in the previous year. Despite this, underlying pro...
- Stocks in news: Vedanta, HDFC Bank, ICICI Bank, Axis Bank, HFCL, IREDA, Zen Tech and Oil IndiaIndian equities turned around as information technology stocks attracted sustained buying interest. Strong quarterly earnings reports enhan...
- ICICI Bank profit spurts 20% on NII; core profitability a tad lower on FCNR(B)ICICI Bank reported a 20% rise in second-quarter net profit, helped by an 18% increase in core net interest income. However, core profitabi...
- HDFC Bank PAT ticks up 5% amid pressureHDFC Bank reported a 4.7% rise in standalone net profit for the second quarter, while margin pressure weighed on core profitability. Net in...
- ESOP Muddle: 7 ways ESOPs are used to trick accounts, taking minority shareholders for a rideCompanies do not always pay employees through salaries and bonuses. Sometimes, they reward them with shares – or the right to buy shares at...
- Karur Vysya Bank shares rally 6% after Q2 profit jumps 37% YoYKarur Vysya Bank shares rose sharply after the private sector lender reported a 37% year-on-year rise in Q2FY27 net profit to Rs 788 crore....
- AI stock selloff eases as investors buy on dips amid falling bond yieldsA selloff in risky AI-linked stocks eased as buyers returned to technology amid falling bond yields. CoreWeave experienced significant stoc...
- Orient Electric Q2 profit jumps two-fold to Rs 27 crore, revenue rises 25% YoYOrient Electric Ltd has revealed a remarkable increase in net profit, soaring to Rs 27.06 crore in Q2 FY27, marking a more than two-fold ju...
- IDBI Bank shares fall 7% as investors book profit after Fairfax deal gets cabinet nodIDBI Bank shares plunged as investors booked profits after a nearly 13% rally in the previous session following the Cabinet’s approval of F...
- ICICI Lombard Q2 net profit growth 15.5%; Rs 7 dividend announcedICICI Lombard General Insurance achieved a net profit of ₹946 crore in the second quarter of FY2023, reflecting a 15.5% increase. The insur...
- Anand Rathi Share and Stock Brokers shares drop 6% after Q2 results. What’s spooking investors?Anand Rathi Share and Stock Brokers shares fell 6% on Wednesday despite a 50% YoY jump in Q2FY27 net profit to Rs 41.94 crore. Investor sen...
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