ABB India’s shares fell 3.7% after reporting a 20.7% YoY decline in net profit to Rs 351.7 crore for Q2CY25, despite a revenue increase of 11.8%. The company’s EBITDA also decreased by 23.7%, with a contracted margin. Weak order inflows, attributed to cyclical corrections and subdued market conditions, impacted the overall performance, although the order backlog crossed Rs 10,000 crore.
Stocks, gold or crypto? The last 3 years’ returns have a surprising answer
Bitcoin delivered nearly 234% returns over three years, outperforming silver, gold and equities. However, precious metals led over one year as cryptocurrencies declined. CoinDCX data