Suzlon Energy shares soar 16% in three days on strong Q3 earnings report
Suzlon Energy share price: Suzlon achieved its highest-ever quarterly deliveries, reaching 447 MW in Q3 FY25. The wind turbine generator segment was the key growth driver, with revenue soaring 132% year-on-year (YoY) to Rs 2,336 crore, compared to Rs 1,004 crore in the same period last year.
Waaree Energies shares surge 14% as Q3 profit soars 296% YoY to Rs 493 crore
Waaree Energies’ shares surged 14.4% to Rs 2,505.85 after reporting a 296% YoY rise in net profit to Rs 493 crore for Q3FY25. Revenue from operations rose 117% YoY to Rs 3,457 crore, though it declined 3.2% sequentially. Profit after tax (PAT) increased by 36% from the previous quarter, reflecting strong growth despite a slight […]
SRF shares soar over 8% in 2 days to hit a new 52-week high. Here’s why
SRF shares surged 8.5% in two days, hitting a 52-week high after strong Q3 FY25 results. PAT rose 7% YoY to Rs 271 crore, while revenue grew 14% to Rs 3,491 crore. The chemicals and packaging films businesses saw solid growth. Jefferies maintained an ‘underperform’ rating, citing stretched valuations and muted specialty chemicals demand.
Jindal Steel & Power shares tumble 14% after Q3 profit down 51% YoY to Rs 951 crore
Jindal Steel & Power Ltd (JSPL) saw a 14% drop in share price to Rs 724 following a 51% year-on-year decline in net profit to Rs 951 crore for Q3. Weak steel prices and cheaper imports impacted earnings, despite a 5% rise in sales volume. EBITDA fell 24%, with revenues flat at Rs 13,707 crore.
ETMarkets Smart Talk: Budget 2025 could drive India’s $5 trillion economy ambition, says Amisha Vora
A growth-focused budget that stimulates spending and addresses fiscal priorities could drive market sentiment and set the stage for FY26 growth.
ETMarkets Smart Talk | Green Energy, Agri among top 6 strategic themes that could see increased spending in Budget 2025: Jiten Doshi
We have witnessed among the fiercest, longest and broadest market move, since the 2020 pandemic. The roller coaster has navigated uncertainties of pandemic, wars, and sharp supply shocks.
Stocks to buy: Nestle, Bajaj Finance and IndusInd Bank on investors’ radar
Benchmark indices Sensex and Nifty closed higher for the third consecutive day on Thursday due to buying in heavyweight stocks like Nestle India, IndusInd Bank, and Bajaj Finance. Technical analysts recommend holding Nestle India and Bajaj Finance, while advising investors to exit IndusInd Bank.
Q3 results today: Vedanta, Nestle among 134 companies to announce earnings on Friday
The third quarter earnings results will be announced by 134 companies, with key players such as Nestle India, IndusInd Bank, Sun Pharma, ONGC, Vedanta, and Marico in focus. Nestle’s profits are expected to show marginal growth, while IndusInd Bank may see a significant decline in PAT due to slower loan growth and rising slippages.
Positive Breakout: These 10 stocks cross above their 200 DMAs
In the Nifty500 pack, 10 stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on January 30, 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 […]
HM Electro Mech IPO listing today. Here’s what GMP signals ahead of debut
HM Electro Mech shares are set to debut on BSE SME with an 8% premium. The IPO, priced at Rs 75, was oversubscribed 91 times. The company focuses on turnkey projects in pumping machinery and has diversified into electrification and EPC projects.