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Tanmay Tiwary specialises in covering equity markets, focusing primarily on sectors like automobile, FMCG, and new-age/internet companies. With almost five years of experience under his belt, Tiwary has previously worked with HT TechCircle (then NewsCorp TechCircle), CNBC TV, and Republic TV. He has also worked with Forbes and Sportskeeda. He holds post-graduate degrees from the University of Leicester and the Indian Institute of Journalism and News Media, Bengaluru.
Tanmay Tiwary specialises in covering equity markets, focusing primarily on sectors like automobile, FMCG, and new-age/internet companies. With almost five years of experience under his belt, Tiwary has previously worked with HT TechCircle (then NewsCorp TechCircle), CNBC TV, and Republic TV. He has also worked with Forbes and Sportskeeda. He holds post-graduate degrees from the University of Leicester and the Indian Institute of Journalism and News Media, Bengaluru.
Stocks such as Natco, Dr. Reddy's, Cipla, Mankind, Torrent, Sun Pharma, Abbott, and Glenmark slipped in the range of 1-2 per cent
At 6:36 AM, GIFT Nifty Futures were trading 47 points lower at 23,568, indicating a negative start for the Indian bourses
The company's consolidated profit skyrocketed 505.2 per cent year-on-year (Y-o-Y) to Rs 14,781.2 crore in Q3FY25 versus Rs 2,442.2 crore in the same quarter last year
While Trent reported strong profit and revenue growth, several brokerages have slashed their target prices, citing slowing growth momentum and weak consumer sentiment
The Reserve Bank of India may cut the benchmark repo rate by 25 basis points to 6.25 per cent later in the day
Analysts at Nuvama have a bullish view on Info Edge, raising their target price to Rs 9,100 from Rs 8,800, citing strong growth across the business and improved margins
M&M is expected to report strong performance for Q3FY25, driven by solid growth across its automotive and tractor segments
Cummins India's profit after tax rose 11.9 per cent Y-o-Y to Rs 558.5 crore in Q3FY25, compared to Rs 498.9 crore in Q3FY24. Revenue grew 21.8 per cent to Rs 3,096.2 crore in Q3FY25
Despite challenges from a lower-margin product mix, Zydus Life benefitted from forex gains and a favourable tax rate, which led to a PAT beat, analysts said
In the previous session, Sensex dropped 312.53 points, or 0.40 per cent, to close at 78,271.28, while Nifty50 ended lower by 42.95 points, or 0.18 per cent, at 23,696.30
On the bourses, Asian Paints share tanked up to 5.10 per cent to hit an intraday low of Rs 2,235 per share. Asian Paints share was also the top loser on BSE and NSE
Hero MotoCorp is expected to report a steady performance for Q3FY25, with revenue growth driven by higher average selling prices (ASPs) rather than volume growth, analysts said
The primary concern weighing on the Titan share was weaker-than-expected margin in Q3 results, analysts said
ACME Solar share rose after Motilal Oswal initiated coverage with 'Buy' rating for a target price of Rs 330, which reflects an upside potential of 58.95% from the previous close (Feb 4) of Rs 207.60
At 6:33 AM, GIFT Nifty futures were up 71 points at 23,856, signaling a higher start for Indian markets
The Q3FY25 results saw Tata Chemicals report a net loss of Rs 53 crore, from Rs 158 crore profit in Q3FY24
On the bourses, LIC Housing Finance soared as much as 2.85 per cent to hit an intraday high of Rs 573.65 per share
FIIs sold shares worth Rs 3,958.37 crore on February 3, while DIIs bought shares worth 2,708.23 crore
UPL share price rose after a rating upgrade by Investec, which revised the stock's outlook to 'Buy' from 'Sell', alongside a strong performance in Q3FY25 and announcements from the 2025 Budget
In January 2025, the company recorded sales of 397,623 units, a 17% increase compared to January 2024. The two-wheeler segment saw a strong 18% growth, with domestic 2W sales up 10%