Blinkit continues to lead market despite growing competition: Karan Taurani
The cash burn is not a question here. The question here is that Blinkit has always focused on assortment, on user experience, and on trying to basically be better ahead of peers. Their focus remains to be on that and not on cash burn.
Existing promoters to continue to control Nazara; Sacheti and Khandelwal to be deemed co-promoters: Nitish Mittersain
Mithun Sacheti of Caratlane and Arpit Khandelwal of Plutus Wealth Management have invested Rs 495 crore in Nazara Technologies, acquiring a 5.4% stake. The funds will be used for strategic acquisitions, highlighting the company’s bullish growth projections for FY26 and beyond. The existing promoters will continue managing, with Sacheti and Khandelwal as deemed co-promoters.
Q3 results today: Tata Technologies among 31 companies to announce earnings on Tuesday
Approximately 31 companies will announce their Q3 results, including Tata Technologies, ICICI Prudential Life, and Indiamart. Tata Technologies is expected to report marginal revenue growth and a dip in net profit. Key focus areas include medium-term client spends, Airbus engagements, and technology solutions segment outlook. Investors will closely watch for updates on these aspects.
Positive Breakout: These 4 stocks cross above their 200 DMAs
In the Nifty200 pack, four stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on January 20, according to stockedge.com’s technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day […]
Tata Technologies will announce its Q3 results today. Here’s what to expect
Tata Technologies is anticipated to report subdued third quarter results with marginal revenue growth of around 0.3%, but an 8% decline in net profit to Rs 157 crore. The company’s revenue from the services segment faces headwinds from auto sector weakness and reduced client spending despite a healthy order book.
Stocks to buy: Tata Technologies, Paytm and Dixon Tech on investors’ radar
Benchmark indices saw significant gains on Monday, boosted by banking, financial, and power stocks. Tata Technologies remains in a downtrend, Paytm shows signs of weakening, and Dixon Technologies continues to maintain a robust primary uptrend. Analysts offer cautious investment recommendations for the upcoming trading sessions.
Many equity research companies calling it quits as new Sebi rules pinch
Independent research outfits provide stock advice to investors looking for under-researched investment recommendations but do not have the wherewithal to put ₹50 lakh at one go in Portfolio Management Services (PMS) or ₹1 crore in Alternative Investment Funds (AIFs).
Asian stocks open higher as Tariff threat eases
Shares climbed from the open in Australia, Japan and South Korea, with the MSCI Asia Pacific Index rising as much as 0.8%. US futures extended their rally from Monday when the cash market was closed. Asian currencies strengthened as Bloomberg’s gauge of the dollar dropped for a second day. Treasuries climbed.
RBI injects Rs 76,000 crore more to boost liquidity, rein in call money rates
The ₹75,772-crore liquidity will be reversed on Tuesday. The move is aimed at easing the liquidity conditions and prevent the call money rates from shooting sharply above the current repo rate of 6.5%.
Kotak Bank surges 9% as Q3 tops expectations, brokerages positive
Kotak shares, which closed at ₹1,920.5 on Monday, gained 7.5% in the past year and 17% in five years. The Bank Nifty rose 9.6% in one year and 58% in five years.