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2024-11-05 05:32:04| The Economic Times

New-age tech companies in India, despite grand IPOs, are facing a harsh reality in the stock market. Many, including Paytm and Nykaa, have seen their stock prices plummet, highlighting investor concern over profitability. While Zomato has shown a turnaround, upcoming IPO hopeful Swiggy's path to profitability remains a key concern for potential investors.


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2024-11-05 04:31:02| The Economic Times

Exide Industries witnessed a 13.66% dip in consolidated profit for the September quarter, despite a rise in revenue. The company's profits were impacted by increased expenses, even as demand in sectors like two-wheeler, four-wheeler, and industrial-UPS remained strong.


Category: News and Media

 

2024-11-05 04:30:00| The Economic Times

October can often be a volatile month due to various factors like earnings reports and economic data releases. The volatility we've witnessed this October is largely driven by heightened geopolitical tensions, particularly the ongoing conflict in the Middle East.


Category: News and Media

 

2024-11-05 04:00:00| The Economic Times

Deepak Shenoy, Founder of Capital Mind, discusses the Indian automobile sector and Reliance. He sees potential in two-wheeler manufacturers like TVS and Hero MotoCorp. Shenoy maintains his position in Mahindra & Mahindra, citing its diversified portfolio. He expresses concerns about Tata Motors due to geopolitical factors and Maruti Suzuki due to recent sales figures.


Category: News and Media

 

2024-11-05 02:45:44| The Economic Times

The second quarter earnings season is in full swing, with 63 companies, including prominent names like Dr Reddy's, Titan, and Mankind Pharma, set to release their July-September 2024 quarter results today.


Category: News and Media

 

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