Stock Market Highlight: 27 out of the 50 constituent stocks of Nifty50 ended in the red, dragged down by Adani Enterprises, Adani Ports, Hero MotoCorp, Infosys, and Larsen & Toubro
PI Industries' steady Q3FY25 performance, cautious near-term outlook, and portfolio challenges are likely to affect the business dynamics in FY26 and FY27, according to analysts.
EBITDA for Q3FY25 was impacted by lower sales in export formulation biz, price reduction in the Electral range of products, driven by NLEM price revisions changes in the product mix, and higher cost.
Motilal Oswal sees decent visibility for loan and earnings growth, as well as continued progress on stressed asset resolutions
The management expects cement demand to grow on the back of likely increase in rural consumption aided by improved farm cash flows and sustained healthy demand for urban housing.
Suven Pharma reported a 78 per cent rise in consolidated net profit during the third quarter to Rs 83.29 crore, as compared to Rs 46.75 crore in Q3FY24
On Wednesday, after market hours, Muthoot Finance reported a 22 per cent rise in net profit during the third quarter to Rs 1,392 crore, as compared to Rs 1,145 crore in Q3FY24
In the past six months, the Nifty Metal index has underperformed the market by falling 6 per cent as against a 4 per cent decline in the benchmark index
Technical charts of Polycab India, Voltas, KEI Industries and Lodha show the formation of a bearish pattern, namely 'Death Cross' on the daily scale; hence these stocks may see further downside.
L&T share price outlook: L&T is trading below the 20-MMA, and now testing support at 100-WMA. Chart also shows formation of 'Death Cross'; trade below this key moving average can trigger a fresh fall.
On Wednesday, after market hours, P N Gadgil reported a 49 per cent rise in consolidated profit to Rs 86.03 as compared to Rs 57.6 crore a year ago
The Supreme Court has asked the Environment Ministry and Maharashtra government to clarify the status of Sahara's 106-acre plot in Versova, Mumbai, according to reports
On Wednesday, after market hours, Godrej Industries reported a 77 per cent rise in consolidated profit to Rs 188 as compared to Rs 106 crore a year ago
The company reported its Q3 numbers after market hours on Wednesday which showed a 16.38 per cent fall in consolidated profit to Rs 212.78 as compared to Rs 254.45 crore a year ago
During the quarter, contribution from the export formulation business was lower; however, the company expects healthy business growth in the ensuing quarters
The downfall in Siemens' share price came after the company posted weak results for the first quarter ended December 31, 2024 (Q1FY25)
The company's consolidated profit rose slightly to Rs 26.04 as compared to Rs 25.9 crore a year ago
Modi US Visit: Market experts believe the current stock market crash largely prices-in any negative news on Trump's tariffs on India
Stock Markets Today, Thursday, February 13: PM Narendra Modi has arrived in the US to meet President Donald Trump later today
Bharti Airtel has emerged from a consolidation phase, indicating a continuation of its uptrend