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ET Prime Special Series: Multibagger or IBC - Part 59: Japan taught it. Tata bought it. Now EVs will test this auto ancillaryThis is a story about a company that is simultaneously an asset and an anomaly. An asset because it builds a tangible, necessary product, g...- Job cuts at Freshworks; Meesho, PB Fintech Q4 earningsFreshworks announced job cuts as it ramps up AI focus. This and more in today's ETtech Top 5.
- ET Prime Special Series: Multibagger or Bankrupt – Part 55: This old-economy giant helped power India’s past. Its big test lies aheadSome companies face disruption at the level of products. Others face it at the level of technology. That is what makes this story more comp...
- Redington shares nosedive 5% as Middle East war disrupts operations of Gulf subsidiaryRedington share price dropped 5% as its Gulf operations face restrictions due to regional conflict. Shipments are rerouted, ports and airsp...
- Route Mobile Q3 Results: Net profit jumps 33% YoY to Rs 113.6 croreThe company’s quarterly revenue from operations was up almost 4% on-year to Rs 1024.3 crore. Meanwhile, its earnings before interest and ta...
- Route Mobile shares jump over 13% after Q3 results. What should investors do?Route Mobile's EBITDA improved to Rs 128.3 crore in Q3 FY23, recording a growth of 66.19% YoY and 17.28% QoQ. EBITDA margin de-grew to 13% ...
- Route Mobile Q1 net profit doubles on year“I am happy to state that we had an excellent start to FY23 and have carried our growth momentum into 2022 with an exemplary 93% y-o-y grow...
- The rise of CPaaS: Can Tanla and Route sustain the valuation spike?Route Mobile is smaller than Tanla Platforms, as can be seen from the revenues generated in Q3 of FY22. Route also has lower margins than T...
- Late selling drags Sensex 884 pts lower from intraday high; ends 77 pts downThe 30-share pack Sensex declined 76.71 points or 0.13 per cent to close at 57,200.23. The index plunged 884 points from the day’s high. It...
- Route Mobile Q1 results: PAT jumps 27.4% to Rs 34 croreRoute Mobile's revenue from operations grew around 22 per cent to Rs 377.5 crore during the reported quarter, from Rs 309.6 crore in the co...
- Route Mobile lists at 105% premium over issue priceThe issue was sold in the price band of Rs 345-350 from September 9 to September 11. The IPO had attracted 73.29 times subscription, with N...
- Grey market trends suggest Route Mobile may repeat Happiest show on debutThere is a buzz that UTI AMC will could also announce its IPO shortly. The AMC received Sebi nod in June. This issue could be bigger in siz...
- Indo-China tensions pull back grey market premium of Route MobileThe grey market witnessed a frenzy ahead of the stake sale with the premium reaching Rs 175-180 a share on Monday evening. However, dealers...
- Route Mobile's Rs 600 crore IPO kicks off: Should you subscribe?Analysts are positive on the issue and believe the IPO can offer listing pop as well as long-term gains.
- Route Mobile raises Rs 180 crore from anchor investors ahead of IPOA total of seven mutual funds have applied through 15 schemes for anchor allotment.
- Busy week ahead for IPO investors: What to pick and what not toIn the week ahead, two IPOs -- Happiest Minds Technologies and Route Mobile are going to hit the market; the first is an IT firm promoted b...
- Route Mobile IPO price band fixed at Rs 345-350; issue to open on September 9The issue would comprise fresh issue of up to Rs 240 crore. In addition, existing promoters would offer shares aggregating up to Rs 360 cro...
- India is star market for top technology companiesIn quarterly earnings calls recently, IBM, Cisco, VMware and Accenture have all called out India as their best performing or one of their b...
- User base growth lifts telecom operators' profitsThe combined performance of telecom operators for the December 2007 quarter was impressive. The sector could maintain the growth in profits...
- BEST takes on board Tata, Hutch for PCO serviceThe cash-strapped Brihanmumbai Electricity Supply & Transport Undertaking (BEST), in a bid to boost its revenues, has awarded the contract ...
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