Paytm Q2 Results Preview: Losses may widen YoY; revenue growth to improve
One97 Communications, which runs Paytm, is set to see increased revenue growth in the second quarter of 2024. However, its losses are likely to widen to Rs 660 crore. Despite this, losses should decrease from the previous quarter due to growth in payment services to merchants and financial services.
Earnings weakness signals no near-term market breakout, warns Madanagopal Ramu
If you are investing in the high growth sectors, you can expect a 20% earnings growth. But if you are going to be a diversified investor with a large amount of mid and smallcaps, then you should be prepared about earnings disappointment in that space as well.
Tata Group’s strong governance to continue post Ratan Tata era: Milind Karmarkar
We have invested earlier, but now at this stage what I think is that these are companies where a long-term, large growth potential probably is not there, that is the reason and they are reasonably priced also, so that is the reason why I am not buying into them as of now.
What to do with Bajaj Auto, DMart, Manappuram Finance and 3 other stocks? Aamar Deo of Angel One decodes
Most of the technical and derivatives indicators point towards a consolidation this week, with markets likely to be further driven by quarterly earnings, FII flows, geo-politics, and global market sentiments.
Tejas Networks shares hit 20% upper circuit on robust Q2 earnings
Tejas Networks shares surged 20% to Rs 1,427.55 on Monday after the company reported a return to profitability in Q2 FY25. The profit after tax (PAT) reached Rs 275 crore, compared to a net loss of Rs 13 crore last year. Consolidated revenue soared six-fold to Rs 2,811 crore, up from Rs 396 crore in […]
Tata Consumer shares tanks nearly 10% as Q2 results disappoint. Brokerages slash target prices
Revenue from operations for the reported quarter stood at Rs 4,214 crore, up 13% from Rs 3,734 crore in the corresponding quarter of the previous financial year.
GRSE stock rises 5% after securing defence contract of Rs 491 crore
Shares of Garden Reach Shipbuilders & Engineers Ltd (GRSE) climbed 5% to Rs 1,847 on the BSE during Monday’s trading session, following the company’s receipt of a Letter of Intent from the Naval Physical & Oceanographic Laboratory (NPOL), which is part of the Ministry of Defence’s DRDO.
RBL Bank shares hit 10% lower circuit as Q2 PAT declines 24% YoY. Should you invest?
Meanwhile, the bank also reported a 24% YoY growth in its operating profit to Rs 910 crore for the reporting period. On a half-yearly basis, RBL Bank’s net profit also witnessed an increase of 2% YoY to Rs 594 crore and the NIMs were reported at 5.35%.
Is there more consolidation in store for HDFC Bank? Deepak Shenoy answers
I think they will take another quarter or a couple of quarters for this to consolidate. Plus, they have the spectre, both Kotak and HDFC Bank have the spectre of this new draft circular from the RBI which says that their sub-entities which are NBFCs which are lending in the same space, they should find […]
Kotak Mahindra Bank shares fall over 4% as Q2 margins slip, NPAs rise. What brokerages say
Kotak Mahindra Bank shares fell over 4% as net interest margins declined and asset quality worsened. Brokerages cut earnings estimates and target prices, citing rising NPAs and slower growth.