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Shares of ITC Ltd, one of India’s leading diversified conglomerates, slipped over 1.6% on Friday, January 7, following the release of its Q3 FY25 financial results. Despite reporting a 9.05% increase in revenue, the company’s consolidated net profit declined by 7.27% year-on-year, leading to a cautious reaction from investors. At ₹434 per share on the…
Posted on February 7, 2025, by Niftynews Shares of Britannia Industries Ltd saw a significant rise of over 2% in early trading on February 7, 2025, following the release of the company’s Q3 earnings. Britannia share price surged 2.41%, hitting ₹5078.80 on the Bombay Stock Exchange (BSE), compared to the previous close of ₹4958.95. The stock’s…
Posted on February 7, 2025, by Niftynews Shares of NCC Limited, one of India’s leading construction companies, saw a sharp fall on February 7, 2025, as the company reported mixed Q3 results for fiscal 2025. The NCC share price dropped by 14.5%, hitting an 11-month low of ₹203 per share. The decline came after the company…
Posted on February 7, 2025, by Niftynews Shares of Sonata Software experienced a significant decline on February 7, 2025, following the company’s disappointing performance in its Q3 results. The company reported a 1.4% drop in profit after tax (PAT) and a 7.8% decline in EBITDA for the third quarter of fiscal 2025, which led to a…
Posted on February 7, 2025, by Niftynews State Bank of India (SBI shares), the country’s largest public sector bank, has posted a mixed set of results for Q3FY25. While the bank’s profitability was boosted by lower provisions, its margins moderated, and other income fell short of analyst estimates due to weaker treasury income. Despite this, analysts…
Posted on February 7, 2025, by Niftynews Bharti Airtel, the second-largest telecom operator in India, has reported a remarkable 505% growth in net profit for the quarter ending December 31, 2024. The telecom giant’s net profit surged to Rs 14,781 crore, compared to just Rs 2,442 crore in the same period last year. This growth was…
PG Electroplast Shares Surge 11% on Strong Q3 Results; PAT Soars 109% YoY PG Electroplast Ltd (PGEL), a key player in the consumer durables and electronic manufacturing services (EMS) sector, witnessed a sharp rally of 10.8%, with its share price climbing to ₹930.95 apiece on the BSE on Friday, February 7. This surge followed the…
The Indian rupee plummeted to a record low on Wednesday, driven by a combination of bearish market sentiment, speculation over a potential Reserve Bank of India (RBI) rate cut, and stop-loss triggers that accelerated the currency’s decline. The rupee weakened to 87.4875 against the U.S. dollar before settling at 87.4650, marking a 0.4% drop for…
Posted on February 6, 2025, by Niftynews Aarti Industries (AARTIIND.NS) experienced a notable 2.5% surge in its share price on February 6, 2025, drawing attention from investors and market analysts. After a period of volatility following its Q3 results, the stock is showing signs of recovery. In this article, we’ll explore the factors behind today’s rally,…
Posted on February 6, 2025, by Niftynews Shares of Cummins India surged by over 5% on February 6, 2025, following the announcement of a significant 900% interim dividend along with strong Q3 FY25 results. The company declared an interim dividend of ₹18 per equity share, significantly boosting investor sentiment. This announcement comes on the heels of…