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ADJUSTED EBIT
ITC shares fall 3% to fresh 52-week low; Motilal Oswal sees more pain aheadITC shares fell to a fresh 52-week low on Wednesday as investors reacted to steep tax hikes on cigarettes under the new GST 2.0 regime. Bro...- ET Prime Special Series: Multibagger or Bankrupt - Part 58: The ICE veteran that quietly became an EV lightweighting storyMost auto ancillary investors think linear. Company makes Component X. EV disrupts Component X. Stock goes down. Every story does not fit t...
- ET Prime Special Series: Multibagger or Bankrupt - Part 56: An acquisition, a divestment, and a JV for EV. Ready for re-rating?Bulls argue this company is becoming a complete mobility-platform supplier in India: Power solutions and aftermarket, braking and safety. B...
- The IPO afterlife for unicorns: How mutual funds are doubling down on next-gen leadersIndian mutual funds have boosted their investments in five new-age companies. Funds poured into stocks like Urban Company, Ather Energy, Le...
- Sweet trouble: World’s top chocolate maker issues warning as shares sink 17%Barry Callebaut profit warning shocks markets. Shares crash 17% in hours. Cocoa prices collapse over 40% this year. The world’s largest cho...
- Virgin Australia flags higher fuel costs amid the Mideast conflictVirgin Australia anticipates a significant increase in fuel costs, projecting an additional A$30 million to A$40 million for the latter hal...
- ITC Hotels shares in focus after marquee investor GQG sells Rs 197-crore stake. What lies ahead?ITC Hotels shares are under scrutiny after GQG Partners sold a partial stake worth Rs 197 crore. Despite a 22% dip this year, driven by geo...
- Marquee investor GQG sells shares worth Rs 197 crore in ITC Hotels through bulk dealGQG Partners sold shares worth Rs 197 crore in ITC Hotels amid a 20% stock correction. Despite short-term weakness, steady hotel operations...
- Trent's worst over after Rs 1.6 lakh crore shock? Why brokerages aren't convinced yetTrent Limited, once a stellar performer, has seen its stock plummet over 50% from its peak due to aggressive store expansion, particularly ...
- Buy, Sell or Hold: Goldman Sachs maintain buy on Adani Ports; Morgan Stanley remains underweight on PNBBrokerages offer mixed views on major stocks. Goldman Sachs is positive on Adani Ports, citing strong volume trends and future growth. Howe...
- AI firm Fractal Analytics shares rally 4% as Goldman Sachs, Morgan Stanley initiate coverage. Check detailsFractal Analytics share price climbed 4% after Goldman Sachs and Morgan Stanley initiated coverage with 'Neutral' and 'Overweight' ratings,...
- Ford stock surges after Q3 earnings beat expectations despite Novelis plant fire hitting guidance - here's what investors need to knowFord stock saw a significant rise following better-than-expected third-quarter financial results. However, a fire at an aluminum plant will...
- PayU India reports Rs 5,778 crore revenue in FY25; remains operationally lossmakingPayU India's payment division achieved breakeven in the second half of fiscal year 2025. Revenue grew due to deeper market penetration and ...
- Tech Mahindra Q3 results preview: PAT could jump by up to 102% YoY amid healthy uptick in marginsTech Mahindra's Q3FY25 revenue is projected to increase by 0.7% to 2.6% YoY, with adjusted net profit potentially rising by 42% to 102%. An...
- ITC shares in focus ahead of Q2 results todayITC Share Price: ITC Ltd will release its second-quarter results for September 2024 on Thursday. Cigarette, hotels, and agriculture segment...
- Prosus to boost ecommerce profit to $400 million for 2025 year“In fiscal year 2024, the group improved its ecommerce adjusted EBIT by more than $400 million, and our intent is to keep that pace up this...
- Online fashion retailer Zalando to focus on profitability after 2022 slumpIn February, Zalando said it was cutting hundreds of jobs across its workforce of 17,000, saying it had expanded too much and citing a diff...
- Buy Infosys, target Rs 860: Motilal Oswal SecuritiesBuy Infosys at a price target of Rs 860.
- Wipro Q3 results on Friday; will IT firm meet its guidance?Margins are expected to expand 20-50 basis points sequentially.
- ICRA surges 20% as promoters raise open offer priceBirla Sun Life AM holds 8.91% stake, LIC owns 6.69%, Templeton 5.38%, GIC holds 5.23% and PNB owns 5.01% stake in ICRA.
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