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Broader markets crash! Small, midcap indices tumble up to 4%. Why analysts are sounding the alarmSmallcap and midcap stocks plunged up to 4% on Friday, extending a sharp weekly selloff as analysts warned that valuations remain difficult...
Rs 9,000 crore wiped out in a day: Why Swiggy investors are losing patience with InstamartSwiggy shares plunged on Friday, wiping out around ₹9,000 crore in market value as widening Instamart losses overshadowed food delivery gro...
Cyient shares rally 9% after Q2 revenue rises 25%; board declares Rs 12/sh interim dividendCyient shares surged on Friday after the company reported a 25% year-on-year rise in consolidated revenue to Rs 2,235 crore in Q2 FY27. Net...
Christopher Wood swapped Nvidia for a Greek infrastructure stock. The bet is paying offJefferies’ Christopher Wood replaced Nvidia with Greek infrastructure company GEK TERNA in his global long-only equity portfolio in October...
Swiggy narrows loss in Q2; eMudhra cofounder on what went wrongHappy Friday! Swiggy reported a rise in revenue in Q2 FY27 while cutting its losses. This and more in today’s ETtech Morning Dispatch.
Blinkit, Instamart chart different paths to profitable growthEternal and Swiggy are adopting distinct strategies within the quick commerce and food delivery sectors. Eternal is ramping up Blinkit’s gr...
Global Market Today: Asian stocks slide after US tech routMSCI Inc.’s regional equities benchmark slipped 0.3%, declining for a second day, leaving the gauge hovering around levels last seen in Jul...
Stocks in news: Swiggy, Infosys, HPCL, eMudhra, Adani Power, Shriram Finance, Tata Motors and NLC IndiaIndian equity markets faced continued downward pressure, marked by persistent selling and negative global indicators. The Nifty 50 index sa...
Swiggy Q2 revenue jumps 36%; loss narrows to Rs 922 croreThe company’s food delivery gross order value (GOV) increased 17.7% year-on-year to Rs 10,054 crore, up 5.9% from the previous month. Swigg...
Swiggy CEO Sriharsha Majety says rival Blinkit has the stronger flywheel, aims to fix basics before expandingHe said Swiggy’s priority is a stable business with “the clearest line of sight to Ebitda zero,” and that it would not use its cash reserve...
Ahead of Market: 10 things that will decide stock market action on FridayIndian equities fell sharply as rising crude prices, rupee weakness and global uncertainties pressured sentiment. Sensex lost over 460 poin...
Swiggy Q2 Results: Loss narrows YoY to Rs 922 crore; revenue jumps 36%Swiggy Q2 Result: Food delivery and quick commerce company Swiggy Ltd on Thursday said its consolidated profit after tax narrowed to Rs 922...
Adani Total Gas Q2 Results: Net profit rises 6% YoY to Rs 173 crore, revenue jumps 34%Adani Total Gas Q2 Results: Adani Total Gas reported a 5.9% year-on-year rise in Q2FY27 net profit to Rs 173.27 crore, while revenue from o...
Swiggy shares slide over 5% ahead of Q2 results. What are analysts saying?Swiggy shares fell ahead of its Q2 FY27 results as investors assessed its path to profitability. Anand Rathi upgraded the stock to Buy, whi...
Stocks in news: Reliance Industries, Eternal, Alkem Labs, BEL, HPCL, Swiggy and GMDCIndian markets witnessed a downturn on Wednesday, prompted by significant selling in banking stocks. After showing initial promise, the Nif...
FMCG brands turn up the volume on ads as costs and scrutiny riseMultiple packaged goods companies are increasing their advertising expenditures to maintain consumer demand amid rising inflation. Nestle I...
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...
Ahead of Market: 10 things that will decide stock market action on TuesdayIndian benchmark indices reversed early gains on Monday, with the Sensex falling 548 points and the Nifty closing below 22,400 amid persist...
Restaurants face income tax scrutiny as suspected tax evasion tops Rs 25,000 croreThe income tax department in India has identified significant tax evasion by thousands of restaurants. Approximately 8,000 restaurants show...
From paneer to pizza, FSSAI puts India’s ₹200 lakh crore consumer boom to the test. Who pays?The FSSAI's escalated enforcement in consumer sectors in India has led to increased compliance costs for companies. Many brands are now ree...