The stock crashed 20 per cent for straight two sessions after the company posted a massive 81 per cent year-on-year (YoY) fall in consolidated net profit to Rs 100.4 crore in the June 2022 quarter. It had registered a net profit of Rs 539.2 crore in the corresponding period last fiscal.
High risk, high reward S Korea to debut AI-boom linked ETFs
South Korea is launching its first single-stock leveraged ETFs, linked to chipmakers Samsung Electronics and SK Hynix, aiming to double daily stock movements. These products