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Shares of South Indian Bank experienced a decline of 5.55% on Tuesday, dropping to ₹25.51 from ₹27.01 on the Bombay Stock Exchange (BSE) after the lender announced its Q3 earnings for FY25. Despite reporting growth in net profit and income, South Indian Bank shares fell sharply, reflecting investor concerns and market reactions to the results….
Zomato shares plummeted on January 21, 2025, after the company reported its Q3 FY25 results. The stock fell by as much as 13.3%, reaching ₹207.80 on the NSE, following disappointing profit figures and a cautious outlook from management. This significant downturn in Zomato shares comes after a major decline in net profit and growing concerns…
Denta Water and Infra Solutions IPO opens for subscription on January 22, 2025, and will close on January 24, 2025. The price band has been set between ₹279 and ₹294 per share. The company aims to raise ₹220.50 crore through this initial public offering (IPO), primarily to fund its water management projects and infrastructure services….
Vodafone Idea Stock Declines Amid AGR Dues Waiver Speculation Vodafone Idea share price saw a sharp drop of over 5% on January 21, 2025, after the company issued a clarification regarding rumors of a government waiver for telecom companies’ Adjusted Gross Revenue (AGR) dues. This decline followed the surge in the stock price earlier in…
MCX Reports Profit Recovery; Stock Experiences Significant Decline Shares of Multi Commodity Exchange (MCX) witnessed a sharp drop of 7.9%, trading at Rs 5,540 per share, despite the company posting impressive financial results for the third quarter of FY25. This unexpected decline in the MCX share price came after MCX swung back into profit, showcasing…
IRFC Q3 Results: Net Profit Rises by 2% to ₹1,631 Crore, Revenue Marginally Up by 0.4% Indian Railway Finance Corporation, the financing arm of Indian Railways, announced its financial results for the third quarter of FY25 (October-December 2024) on January 20, 2025. The state-run entity reported a modest 1.98% year-on-year (YoY) increase in net profit…
IDBI Shares Rally 4% as Q3 Net Profit Surges 31% to ₹1,908 Crore IDBI Bank shares rallied by 4% on January 20, 2025, following the announcement of its Q3FY25 results. The bank reported an impressive 31% year-on-year (YoY) jump in net profit, reaching ₹1,908 crore for the quarter ended December 31, 2024, compared to ₹1,458…
Dixon Technologies Shares Drop 8.5% Despite Strong Q3FY25 Results Dixon Technologies, India’s leading electronics manufacturing services (EMS) provider, faced a steep decline in its stock price on January 21, 2025. The company’s shares plummeted by 8.55% to ₹16,056.65 apiece on the NSE, following the release of its Q3FY25 financial results. Despite delivering robust growth in…
Paytm Q3 Results: Net Loss Narrows to ₹208 Crore, Revenue Down 36% One 97 Communications, the parent company of Paytm, has reported a narrowing of its consolidated net loss for the third quarter of FY25. The company recorded a net loss of ₹208.3 crore in the December 2024 quarter, a slight improvement compared to ₹219.8…
RBL Bank Shares Hit 52-Week Low as Net Profit Declines 86% YoY RBL Bank’s shares hit a fresh 52-week low of ₹146 on the National Stock Exchange (NSE) on January 17, 2025, following the release of its Q3FY25 financial results. The bank reported a staggering 86% year-on-year (YoY) decline in net profit, sending shockwaves through…