CMS Info Systems Q1 profit falls 11% as currency-supply disruption hits ATM volumes
Shares of CMS Info Systems Ltd ended at ₹279.95, up by ₹7.00, or 2.56%, on the BSE.
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Lloyds Metals Q1 profit jumps nearly 3-fold to ₹1,726 crore as revenue triples
Operating profit more than tripled and margins improved in the June quarter, while the board approved fresh investments in renewable energy projects and subsidiary Thriveni Earthmovers.
BSE to replace Wipro in Nifty 50 index from Sept 30
BSE will replace Wipro in the Nifty 50 index from September 30, ending the IT major’s nearly uninterrupted three-decade presence in India’s benchmark equity gauge. The move could trigger passive inflows of about $741 million into BSE, while Wipro may…
Vodafone Idea EBITDA crosses ₹5,000 crore in June quarter as turnaround gathers pace
Vodafone Idea’s EBITDA crossed ₹5,000 crore for the first time in the June quarter, while subscriber additions turned positive and ARPU improved. The telco also stepped up capex as it moves into an execution-focused phase.
Market Pulse: Key triggers to watch before the August 11 trading session
Rising crude oil prices could keep Indian investors cautious as uncertainty persists over a potential US-Iran deal to facilitate shipping through the Strait of Hormuz. US equities were trading largely flat, while July US Existing Home Sales data due tomorrow…
Jubilant Pharmova Q1 profit falls 45% as margins come under pressure
Jubilant Pharmova’s June quarter profit dropped 45% year-on-year to ₹56.4 crore, even as revenue from operations climbed 17.3% to ₹2,229.4 crore. EBITDA fell 14.4% to ₹248 crore, while EBITDA margin narrowed to 11.1% from 15.2% a year earlier, weighing on…
Oil India targets 1 mn-tonne quarterly crude output as drilling plans gather pace
The oil producer currently turns out about 950,000 tonnes of crude a quarter and expects annual production to reach 3.9-4 million tonnes in FY27. It is also planning to step up drilling to at least 100 wells this year, while…
Retail investors sold SpaceX shares for first time on Friday
Retail investors sold SpaceX shares for the first time since its June IPO, selling $4.5M on Aug 7. This shift follows profit-taking and risk reassessment.
Dow, S&P 500, Nasdaq little changed as markets await key inflation data
The Dow, S&P 500 and Nasdaq traded near flat at the start of a busy week of earnings and economic data. Investors are awaiting Wednesday’s CPI report for clues on inflation and the Federal Reserve’s interest-rate outlook, while rising oil…
Apar Industries launches ₹2,500 crore QIP at indicative price of ₹14,805/share
Shares of APAR Industries Limited ended at ₹16,440.35, down by ₹157.30, or 0.95%, on the BSE.