Voltas shares were down 5% after its net profit dropped 35.4% year-on-year in the December quarter of FY26. Revenue also saw a slight dip. The company’s room air conditioner business performed well despite seasonal challenges. Brokerages have mixed views, with some reiterating sell ratings due to margin concerns and joint venture losses. Others maintain equal...Read More
Gold and silver futures on MCX opened sharply lower, with both metals trading in the red as investors locked in profits after a strong rally. Despite a pullback, gold remains on track for its strongest monthly gain since 1980, while silver is poised for its best-ever monthly performance. Geopolitical tensions and safe-haven buying continue to...Read More
Swiggy’s shares dropped as its net loss widened to Rs 1,065 crore in Q3FY26, despite a 54% surge in revenue to Rs 6,148 crore. The food delivery segment saw its fastest growth in three years, while quick commerce continued rapid expansion, though segment losses increased.Read More
ITC’s December-quarter performance has drawn a muted response from brokerages, with analysts largely holding their ground despite steady operating metrics and strong FMCG growth. With the stock down over 20% in January and trading near a 52-week low, the focus has shifted to the impact of higher cigarette taxes set to kick in from February,...Read More
Paytm shares will be in action after it reported a significant turnaround in its third-quarter results, posting a consolidated net profit of Rs 225 crore, a stark contrast to last year’s loss. Revenue from operations climbed 20% year-on-year, driven by strong growth in payments GMV and financial services distribution. The company also saw a substantial...Read More
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