Total expenses during the quarter rose sharply to Rs 1,113 crore, up from Rs 796 crore in Q2FY26 and Rs 851 crore in Q3FY25, reflecting a 40% sequential increase and a 31% year-on-year rise. The higher costs were driven by employee benefits, raw material expenses, and finance costs, among other factors.Read More
MRF shares jumped up to 9% after strong December quarter results, driven by doubled profits, margin expansion, and revenue growth. Improved operating leverage and a second interim dividend boosted investor confidence despite higher costs in a volatile cost environment market.Read More
Trent Limited is changing its Zudio store strategy. Aggressive expansion in cities has slowed growth. The company is now focusing on smaller cities. This move comes with new challenges and risks. Investors are watching closely to see if Trent can maintain its valuation. The fashion retailer faces a critical period of execution.Read More
Cigarette company shares saw a significant jump on Friday. This surge followed reports of price increases, with firms like ITC, Godfrey Phillips, and VST Industries passing on higher costs to consumers. The market also saw value buying after a recent tax overhaul. Higher priced cigarette packets have been introduced, with price hikes ranging from 15%...Read More
Market expert Sunil Subramaniam believes the recent silver price drop is a temporary unwinding of speculative bets, not a sign of the precious metals bull market ending. He points to ongoing dedollarisation and persistent geopolitical risks as key drivers, predicting mid-teen percentage gains for gold and silver by year-end despite diplomatic noise.Read More
UPI stocks Paytm and Mobikwik fell up to 4% after the RBI proposed a framework to compensate customers for small value fraudulent transactions. The central bank plans to cap compensation at Rs 25,000 while tightening customer liability norms and enhancing digital payments safety through stricter safeguards.Read More
Indian IT stocks are experiencing a sharp decline. Experts warn that Artificial Intelligence is disrupting the traditional IT business model. This is leading to concerns about future growth and company valuations. Investors are advised to consider other sectors like textiles and defense for better opportunities. The coming quarters will show if IT companies can adapt...Read More
Jefferies highlights significant pressures on Jaguar Land Rover (JLR) following Tata Motors Passenger Vehicles’ weak December quarter, with JLR’s EBITDA plunging 91% YoY. Despite improved India PV prospects, JLR faces structural challenges, including competition and EV transition, impacting overall profitability and growth.Read More
Tyre maker MRF announced a second interim dividend of Rs 3 per share for the financial year ending March 31, 2026. This follows a robust Q3 earnings report. Net profit surged significantly, driven by strong operational performance and improved business execution. Revenue saw a healthy increase, with EBITDA jumping considerably. Margins also expanded sharply, reflecting...Read More
The impact of earnings, recent sharp share declines, and the weekend’s impending election contributed to a sense of tug-of-war in Tokyo’s equity markets, said Maki Sawada, an equities strategist at Nomura Securities.Read More
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