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ETERNAL Q2 MARGINS
IT services growth likely to stay soft in near term as clients delay discretionary spends: EquirusIndia's major IT firms anticipate a subdued first quarter, with growth expected to pick up only when clients shift from cost-cutting to AI-...- Explained: Why Tesla shares crashed 7% to record worst single-day fall in 1 year despite record Q2 salesTesla shares plunged over 7% despite the EV maker reporting record second-quarter deliveries that beat Wall Street estimates. Analysts attr...
- HCL Tech surges 6% on $1.14 billion AI deal; Mercedes-Benz likely clientHCL Tech shares surged following a significant $1.14 billion deal with a European Fortune Global 50 firm to manage its digital workplace an...
- Avenue Supermarts shares tumble 5% after posting Q1 business updateAvenue Supermarts, operator of DMart, saw its shares dip 5% despite reporting a 15.1% revenue increase to Rs 18,343.5 crore for the June qu...
- Blinkit to remain undisputed market leader despite Amazon, Flipkart's QC entry, says Anand Rathi, sees 43% upsideDespite concerns over Amazon and Flipkart intensifying competition in India's quick commerce market, Anand Rathi believes Blinkit remains t...
- Zepto’s ops structure sparks regulatory fear ahead of IPOUnlike Blinkit's inventory-led model or Swiggy-owned Instamart's marketplace structure, Zepto combines wholesale operations with a marketpl...
- Paint stocks tumble up to 48% from their peaks. Is the worst over?Paint stocks have declined sharply from their 52-week highs, correcting between 10% and 48%, as investors turn cautious due to rising compe...
- KPIT outlook disappoints, analysts push growth recovery to FY28KPIT Technologies shares tumbled nearly 17% after issuing a weaker-than-expected outlook for FY27. European automakers, facing profitabilit...
- Retail leasing jumps 18% YoY in Q2 despite supply crunch: Cushman & WakefieldIndia's retail real estate market is booming, with leasing up significantly quarter-on-quarter and year-on-year. Despite limited new mall s...
- Explained: Why Tata Elxsi shares crashed 7% after KPIT Tech’s Q1 revenue, profit guidance warningTata Elxsi shares fell sharply on Wednesday after rival KPIT Technologies warned of weaker-than-expected Q1FY27 revenue and margins due to ...
- KPIT Tech shares hit by downgrades, target price cuts. What JPMorgan and other brokerages saidKPIT Technologies shares plunged after the company issued a weak preliminary Q1 FY27 business update, prompting several brokerages, includi...
- Why KPIT Tech shares crashed 17% today: The BMW & Volkswagen connection explainedKPIT Technologies witnessed a significant 17% stock plunge following a revenue slowdown warning for Q1FY27, primarily due to unexpected cut...
- KPIT Tech shares crash 17% as company expects Q1 revenue decline, sharp hit to marginsKPIT Technologies shares plunged 17% after the company warned of a revenue drop in Q1 FY27, citing unexpected actions from European automak...
- Cement sector faces muted Q1 FY27 as heat, water scarcity hit demand: Ashika's Jyoti GuptaIndia's cement sector faces a subdued start to FY27, with extended heat and water scarcity dampening construction despite a delayed monsoon...
- Nifty IT hits fresh 52-week low as Infosys, TCS, Wipro & others tumble up to 3%. What's spooking investors?The Nifty IT index fell more than 2% to a fresh 52-week low on Tuesday as persistent inflation concerns and uncertainty over the US Federal...
- Delhivery gets ecommerce bump; Amazon shakes up qcommDelhivery CEO Sahil Barua said ecommerce deliveries are leading the company’s growth. This and more in today’s ETtech Top 5.
- Residential sales dip to lowest since Jan 2023 amid West Asia war, impacting buyer sentimentResidential sales in India experienced a significant dip in April-June, reaching the lowest point since early 2023. Geopolitical tensions a...
- Amazon’s rapid delivery push triggers $15 billion rout for Eternal, SwiggyEternal and Swiggy have pioneered India’s 10-minute delivery space, but rising competition is intensifying pressure. Blinkit and Instamart ...
- Amazon, Flipkart spark quick commerce price war as Blinkit, Instamart hold the lineIndia’s quick-commerce market is back in a discounting spiral. Amazon and Flipkart are turning up the heat, but incumbents Blinkit and Swig...
- Q1 earnings preview: Here’s what Nomura expects from Nestle, Titan, other consumer majors’ June quarter resultsNomura expects consumer staples to deliver a strong start to FY27, forecasting double-digit sales growth for several companies in the June ...
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