Israel launched airstrikes on Iranian military sites early Saturday morning, escalating tensions in an already volatile West Asia. Amid the strikes, questions arose about the U.S. role in the operation as concerns grow over the potential for a larger conflict. Escalating Conflict: Israel Strikes Iran Following Missile Attack More than three weeks after Iran launched…
IDFC First Bank Ltd, a private sector bank, posted its financial results for Q2 FY25 on October 26. The IDFC First Bank Q2 FY25 Result showed a substantial decline in net profit due to increased provisions. The bank reported a 73.3% year-on-year drop in profit, with earnings well below market expectations. Dixon Technologies Is Expanding…
Dixon Technologies is expanding operations as demand for mobile phones and IT hardware grows. With a new facility and a strong order book, the company aims to sustain revenue growth through new client additions and deeper manufacturing capabilities. Expansion to Meet Growing Demand Dixon Technologies, an electronics contract manufacturer, has announced new plans to meet…
The Indian stock market experienced a significant sell-off on Friday, October 25, with major indices such as the Sensex and Nifty 50 witnessing considerable drops. Various economic and global factors contributed to the decline, as detailed below. Market Overview The Indian stock market saw widespread losses as key indices fell sharply. Sensex dropped by 864…
IndusInd Bank recently reported a weak performance for the September quarter (Q2 FY25), leading to a steep decline in its stock value. The bank’s stock saw an 18% drop, marking its steepest decline since March 2020 and resulting in a significant shift in its market capitalization rank among Indian banks. This performance pushed IndusInd out…
Piramal Pharma Ltd, led by Nandini Piramal, has reported impressive financial results for the second quarter of FY25 with profit of 350% growth. The company’s net profit saw a significant rise, marking a strong growth trajectory for the pharma business. Piramal Pharma Ltd posted robust financial figures for Q2 FY25, with their net profit jumping…
CG Power and Industrial Solutions Ltd has made a significant announcement concerning its future financial strategy. The company plans to raise INR 3,500 crore by issuing equity shares through a Qualified Institutional Placement (QIP). This move is expected to strengthen CG Power’s financial standing and support its growth initiatives. The article outlines the details of…
Demand slowdown, extended monsoon, and weak pricing weigh down UltraTech Cement’s performance in Q2 FY25. UltraTech Cement reported a significant decline in its second-quarter net profit for the fiscal year 2025, falling by 36% compared to the same period last year. The company’s consolidated net profit dropped to INR 820 crore in Q2 FY25, down…
IndiaMART’s strong revenue growth and controlled expenses drive a significant rise in profit. IndiaMART InterMESH, a leading B2B marketplace, reported a sharp rise in its consolidated net profit for the second quarter of FY25, more than doubling its profit to INR 135.1 crore compared to INR 69.4 crore in the same period last year. The…
Indraprastha Gas Limited (IGL) has seen a significant drop in its share price, falling by 10.60% to ₹451.05 on October 18, 2024. This decline of ₹53.50 from its previous close of ₹504.55 has left investors questioning whether they should buy, hold, or sell. How To Use The Parabolic SAR Indicator: A Simple Guide For Beginners…
