Amber Enterprises shares slumped up to 13% after the company reported a consolidated net loss of Rs 32 crore in Q2FY26, compared to a profit last year, with revenue slipping 2% and EBITDA down 19%. Higher financing costs, elevated inventories and JV losses weighed on performance. Despite challenges, H1 revenue grew 25%. The stock was...Read More

TVS Motor Company is selling its stake in Rapido for Rs 287.93 crore. This marks a strategic exit from the bike-taxi aggregator. The deal involves selling shares to Accel India VIII and MIH Investments One BV. TVS Motor had partnered with Rapido in 2022. This divestment occurs as Rapido’s shareholder mix changes.Read More

A significant uptick in futures open interest indicates substantial growth in the number of active, unexpired futures contracts in a specific security.Read More

Cummins India’s shares are poised for action after the company reported a strong September quarter with profit after tax up 42% year-on-year to Rs 638 crore. Driven by broad-based growth in domestic and export markets, total sales surged 28% YoY to Rs 3,122 crore. The company remains cautiously optimistic despite global uncertainties.Read More

Apollo Hospitals shares: The company posted a 26% YoY rise in Q2FY26 profit to ₹477 crore, led by robust growth across its hospital, diagnostics, and digital health verticals. Revenue grew 13% to ₹6,304 crore, driven by higher patient volumes and improved margins.Read More

Indian stock markets opened lower on Friday. Both Sensex and Nifty are continuing their decline for the third day. Investors are booking profits. Foreign investors are also selling shares. This caution is overshadowing positive corporate earnings and trade talks. The Sensex and Nifty are set to end the week with small losses.Read More

Bajaj Housing Finance will be in focus after reporting an 18% YoY rise in Q2 net profit to Rs 643 crore, with revenue up 14% to Rs 2,755 crore. Sequentially, PAT grew 10%. Morgan Stanley maintained an ‘Overweight’ rating and set a target price of Rs 1,150, adding to the stock’s positive sentiment.Read More

Crompton Greaves Consumer Electricals reported a 41% YoY drop in Q2 FY25 net profit to Rs 75 crore, though revenue rose 1% to Rs 1,916 crore. Margins weakened due to commodity inflation and higher costs, but subsidiary Butterfly Gandhimathi posted double-digit growth. The company entered the solar rooftop segment with Rs 500 crore in new...Read More

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Infosys shares are under scrutiny as the record date for its Rs 18,000 crore share buyback approaches on November 14. This marks the company’s largest buyback ever, despite recent stock underperformance. The IT giant reported strong Q2 FY26 results with a 13% net profit increase and revised revenue guidance upwards.Read More