Persistent Systems stock sees a dip despite positive analyst outlook. The company is on track to meet its revenue guidance of $2 billion by FY27. Strong order bookings and improving profitability are key drivers. Healthcare segment shows renewed growth. Operating margins faced a temporary hit due to labour code changes. Analysts remain optimistic about future...Read More

Asian Paints shares fell 4.3% on Wednesday following third-quarter results, with most top brokerages maintaining bearish ratings due to profitability pressures from intense competition. Analysts with sell ratings foresee potential downsides of 8% to 25%, while more optimistic projections suggest upsides of up to 31%.Read More

Indian IT and pharma stocks are not benefiting from a weaker rupee as expected. Tariff concerns are overshadowing currency gains. Investors are waiting for clarity on trade deals. Foreign investors have also been selling these stocks. Valuations remain a concern for pharma companies. Demand for IT services shows signs of improvement. Stock selection will be...Read More

Jerome Powell, the Federal Reserve Chair, has strongly defended the central bank’s independence. He emphasized that political interference could damage the Fed’s credibility. Powell also indicated that an interest rate hike is not expected soon. Inflation remains above the target, driven by goods prices, while services sector disinflation continues. The Fed remains committed to serving...Read More

The Federal Reserve held interest rates steady, citing a tight labor market and inflation above its target. This decision occurs amidst political pressure from US President Donald Trump and concerns over the Fed’s independence.Read More

CSB Bank reported flat Q3 profit as higher provisions and sharp slippages offset strong loan and deposit growth. Shares fell sharply amid earnings disappointment and whistleblower allegations, even as management expressed confidence over asset quality and margin stability.Read More

Cochin Shipyard reported an 18% YoY decline in Q3 net profit, while revenue rose 18%. Sequential profit and revenue growth, an interim dividend, and global expansion through a JV and acquisition highlight strategic initiatives.Read More

A major winter storm that hit the United States ‍in recent days is ​expected to cause billions of dollars in insured losses, ⁠analysts at brokerage UBS said in a note.Read More

Lodha Developers reported robust Q3 results with net profit rising slightly and revenue up 14% year-on-year. Record pre-sales, expansion into new projects, and strategic balance sheet management strengthened growth and market presence.Read More

Satin Creditcare Network posted a fivefold rise in Q3 net profit, driven by lower provisions, strong business growth, and disciplined lending, marking 18 consecutive profitable quarters despite sectoral challenges.Read More