At the end of the September quarter, Sterlite Tech’s open order book has grown nearly 4.6x from last year to ₹35,274 crore, while backlog schedule stood at ₹32,253 crore. Net cash balance during the end of the quarter stood at…
SEBI’s Project Jagrook aims to improve financial literacy through its Samajh Se Investing Simple campaign, helping investors understand market risks, verify payments and avoid investment fraud.
EBITDA stood at ₹849.4 crore, compared with ₹851.8 crore a year ago, and exceeded the poll estimate of ₹749 crore.
Nepean Capital’s Gautam Trivedi says a sustained recovery in Indian equities depends on easing crude oil prices and greater clarity on the Middle East conflict. He also remains positive on capex-linked sectors, select small-cap companies and IT despite near-term volatility.…
For the September quarter, Godrej Properties’ net profit fell 62% from last year to ₹154 crore from ₹405 crore last year, which can be attributed to a 47% fall in other income to ₹636.6 crore.
Veteran investor Mohnish Pabrai says India has many high-quality businesses, but valuations remain too rich for his investment approach despite the recent correction. He continues to scan global markets for better risk-reward opportunities while keeping a close watch on India.…
Global bond markets signal intense risk-off sentiment as AI stock selloffs and geopolitical tensions drive investors toward safe-haven assets like US Treasuries.
The stock’s fall comes a day after the asset manager reported its September-quarter results, with investors focusing on pressure on revenue yields, the outlook for operating profit growth and a slowdown in new investor additions.
This sell-off has also ensured that shares of Himadri Specialty Chemicals have given up all the gains this year and are now nearly flat on a year-to-date basis.
At least 15 stocks in the small-cap space have hit their 52-week lows. Here are the key stocks facing the sharpest weekly losses: