The company’s net loss widened to Rs 196 crore in the third quarter ended December, compared to Rs 126 crore in the corresponding quarter last year, shares of logistics company Delhivery fell nearly 6% to Rs 298 in intraday trade on Monday. Its revenue from operations fell 9% to Rs 1,823 crore in the quarter …
ET Now spoke to several experts and here’s what they recommend for today’s trading session. Nooresh Merani has Buy/Sell recommendations on IGL and RIL, while CA Rudramurthy has Buy/Sell recommendations on Tata Motors and Federal Bank for today’s trading session. Sight the target and stop loss.
Banking sources said Barings Private Equity may sell its 40 per cent stake in Coforge through a block deal. The private equity firm hired financial services provider IIFL to solicit investor interest in the company and offered a discount of up to seven per cent to Friday’s closing market …
New Delhi Major green energy developers have submitted proposals to supply a total of 5 gigawatts (GW) of electricity to the Amazon in one of the largest such sourcing exercises in India. The 35 firms that responded to Amazon’s request for proposals include Adani Group, Renew Energy Global plc, Macquarie Infrastructure and Real Assets (MIRA), …
Friction bearings, part of the space, rallied more than 12% in a month to hit a 52-week high in February 2023 and the technical setup suggests the upside may not be over yet. The stock with a market capitalization of over Rs 19,000 crore hit a 52-week high of Rs 1,019 on 6 February 2023. …
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Westside and Judio shares rose over 6% to Rs 1,312 in Thursday’s trade on the BSE after posting a net profit of Rs 161 crore during the third quarter of 2022, up 21% from a year-ago period. Trent reports highest ever quarterly revenue of Rs 2,171 crore in 2023 December quarter. Operating EBIT margin for …
The United Kingdom’s Competition and Markets Authority (CMA) has released a report proposing that Microsoft acquire Activision Blizzard, a “partial divestment” that includes Duty A chain that is separate from a transaction may be needed. The CMA says it will allow Activision Blizzard’s most valuable brand to be “able to compete effectively under separate ownership”. …
GVK Group Vice Chairman Sanjay Reddy on Tuesday said there was no pressure from Adani Group or anyone else to sell Mumbai airport. His remarks came on a day Congress leader Rahul Gandhi alleged in the Lok Sabha that “Mumbai airport was snatched away from GVK using agencies like …
Shares of the company fell nearly 5% to Rs 112 in intraday trade on BSE on Tuesday after the company reported a surprising consolidated net loss of Rs 2,224 crore for the December quarter. The company had posted a profit of Rs 9,572 crore in the year-ago period and Rs 1,514 crore in the previous …