Sula Vineyards shares saw a decline on Tuesday after the company reported a mixed set of numbers in its Q2 earnings. It saw a 58% year-on-year decline in Q2 net profit to Rs 6 crore. Revenue slipped 1.1% amid route-to-market disruptions in Telangana, while EBITDA margins contracted 557 basis points to 18.2%, though management expects recovery in H2 FY26.Read More
Market expert Ambareesh Baliga sees strong growth in India’s beauty and personal care sector, with Nykaa’s profits picking up. However, he expressed caution on Trent due to potential pressure on same-store sales. For power ancillary companies like Transformers and Rectifiers, Baliga advised waiting due to cash flow concerns, while a dip in Transrail Lighting might signal sector-wide issues.Read More
Ola Electric shares are plummeting, nearing four-month lows amid investor concern. While technicals signal a downtrend, recent buying near Rs 40 offers support. The company reported a narrowed net loss but a significant revenue drop. Despite challenges, Ola aims for margin improvement and revenue diversification through energy products and in-house battery tech, eyeing profitability.Read More
Gold and silver prices surged to three-week highs on Tuesday, driven by profit-taking in the US dollar index. Analysts anticipate further upside momentum, with gold and silver expected to trade within specific ranges this week amid market volatility and upcoming US inflation data.Read More
PhysicsWallah’s upcoming IPO highlights unusual risks. Incidents like a falling fan and student altercations have tested the edtech firm’s reputation. The company is expanding offline, introducing new safety measures. Despite these challenges, the Indian education market offers significant growth potential for PhysicsWallah. The IPO aims to fund further expansion and strengthen its hybrid model.Read More
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