Page 51 - Indian Equities

Weak Q3 margin, profit booking drags Eicher Motors 7%; analysts mixed

Eicher Motors posted weaker-than-expected Ebitda margin, which contracted 190 basis points (bps) to 24.2 per cent in Q3FY25, from 26.1 per cent a year ago

Here's why Sequent Scientific shares dropped 6% in trade on Feb 11; details

The fall in Sequent Scientific share price came after the company reported a 58.5 per cent year-on-year (Y-o-Y) drop in profit at Rs 3.4 crore in Q3FY25

Cera Sanitary share price slips 4% weak Q3 results; check details here

The company's net profit dropped 9.8 per cent year-on-year (Y-o-Y) to Rs 46 crore in the December quarter of FY25, from Rs 51 crore in Q3FY24

Varun Beverages down 6%, at 52-wk low after Q4: Should you buy, sell, hold?

Varun Beverages recommended a final dividend of Rs 0.50 per share. The 'Record Date' is yet to be fixed by the Board of Directors of the Company

Markets Today: Lupin, Vi, Eicher Q3; FIIs; Gold; Ajax Engineering IPO Day 2

At 6:31 AM, GIFT Nifty Futures were trading 16 points higher at 23,476, signaling a flat to positive start for Indian bourses

Ircon International up 2% on bagging Rs 194 cr-order from Central Railway

The uptick in Ircon International share price came after the company announced that it has been awarded the Letter of Acceptance (LoA) worth Rs 194.45 crore by Central Railway

Stocks to Watch, Feb 10: Steel stocks, Nykaa, Eicher, M&M, Vedanta, BEL

At 6:36 AM, GIFT Nifty Futures were trading 47 points lower at 23,568, indicating a negative start for the Indian bourses

Rajesh Bhosale of Angel One recommends buying these stocks on February 10

Over the past few weeks, Redington share has witnessed strong volume activity, culminating in a bullish breakout this week

FPIs' selling continues; withdraw Rs 7,300 cr from equities in a week

The exodus of FPIs from the Indian equity markets continued unabated, as they withdrew over Rs 7,300 crore (about 840 million) in the first week of this month due to global trade tensions, with the US imposing tariffs on countries such as Canada, Mexico, and China. This came following an outflow of Rs 78,027 crore in the entire January. Before that, they invested Rs 15,446 crore in December, data with the depositories showed. Going forward, experts believe that market sentiment will likely take cues from global macroeconomic developments, domestic policy measures, and currency movements. According to the data, Foreign Portfolio Investors (FPIs) offloaded shares worth Rs 7,342 crore from Indian equities so far this month (till February 7). Himanshu Srivastava, Associate Director-Manager Research, Morningstar Investment Research India, said that a key driver of the outflow was global trade tensions, as the United States imposed tariffs on countries including Canada, Mexico, and China

Here's why HG Infra share price rose 3% on February 7; check details here

The HG Infra Engineering share price rallied after the company announced that its joint venture (JV) has been declared as the lowest bidder (L-1) by the RLDA, New Delhi

RBI's growth, inflation projection offers comfort to markets and investors

State of government finances, concessions offered to tax-payers, and the commitment to progress on the fiscal glide path is eminently complemented by the monetary measures makes this policy different

Repo rate cut sends 'strong' signal to markets on low borrowing costs ahead

Given the current economic landscape, moderating inflation, and sluggish growth, another 25-50 bps rate cut within this calendar year remains a strong possibility

Bharti Airtel surges 5% as Q3 results beat expectations; brokerages bullish

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

Most brokerages upbeat on Info Edge's outlook after strong Q3 results

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

Kansai Nerolac share pops 6% as Q3 profit skyrockets 341% YoY; details here

The rise in the share price came after Kansai Nerolac's consolidated profit zoomed 341.4 per cent year-on-year (Y-o-Y) to Rs 680.9 crore in Q3FY25, from Rs 154.3 crore in Q3FY24

Cummins India jumps 5% on healthy Q3, analysts positive on long-term growth

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

Datamatics pops 9% on automatic fare collection deal for Pune Metro Line 3

Datamatics share rose after the company announced it has been issued the NoA Automatic Fare Collection system for 23 stations of Pune Metro Line 3 in Maharashtra

Weak margin in Q3 show drags Titan share price 4%; analysts weigh in

The primary concern weighing on the Titan share was weaker-than-expected margin in Q3 results, analysts said

Markets Today: Services PMI; MPC; Trump-China news; Swiggy, Titan Q3; IPO

At 6:33 AM, GIFT Nifty futures were up 71 points at 23,856, signaling a higher start for Indian markets

Here's why L&T share gained 4% in trade on February 4; check reasons here

Larsen & Toubro reported a consolidated net profit of Rs 3,359 crore in Q3FY25, reflecting a 13.9 per cent increase compared to Rs 2,947.4 crore in Q3FY24