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Deepak Nitrite share price: Shares of Deepak Nitrite fell 15% to a 52-week low after the company reported a 51.5% year-on-year decline in Q3 net profit to Rs 98 crore. Revenue dropped 5.3% YoY due to weak demand, causing EBITDA to decline 44.7%, impacting operating margins significantly.
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News and Media
We think that the FIIs selling is happening in India only. Actually, if you see figures across the board, you will see that it is happening across emerging markets.
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News and Media
Senco Gold reported a significant 69.3% drop in profit after tax for Q3FY25, despite a 27.3% increase in revenue from operations. The company attributed the decline in EBITDA and PAT margins to the impact of custom duties, but remains optimistic about achieving a 7%-8% EBITDA margin moving forward.
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News and Media
The challenges for India started in Oct 2024 itself. Multiple events lead to this sell off. Firstly, valuations in India had become one of steepest globally. For an FII investor, what matters is growth & liquidity.
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News and Media
In the Nifty500 pack, five stocks' close prices crossed above their 200 DMA (Daily Moving Averages) on February 13, according to stockedge.com's technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend. Take a look:
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News and Media
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