Federal Bank share price dropped 6% after reporting a 5% YoY decline in net profit for Q3 FY25, despite strong operating profit and improved asset quality. The bank’s accelerated provisions and higher provisions impacted profits. Analysts JPMorgan and UBS maintained “Buy” ratings, with revised target prices, noting slower growth but strong operational performance.
eMudhra shares crash another 4%, down 40% in 3 sessions. What’s behind this free fall?
eMudhra will exit its global SSL/TLS certificate business following a security incident involving compromised private keys linked to eight intermediate Certificate Authority certificates. The segment