With the British pound tumbling to its all-time low against the US dollar amid a gloomy outlook for Europe, analysts expect the earnings of companies with business interests in the region to be under pressure.
Why Zomato Share is Falling Today: Zomato share price dropped by 11.43% after reporting a 57% decline in Q3 net profit to Rs 59 crore.
Andhra Pradesh-based stocks like Heritage Foods and Amara Raja Energy, which gained investor interest post-Budget, are now underperforming. Despite initial market excitement and promises from
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