Shriram Properties Limited announced impressive first-quarter results. Net profit rose 18% to ₹20.6 crore. Total revenue reached ₹261.5 crore, a 24% increase. Revenue from operations jumped 57%. This growth was driven by successful project handovers. The company is expanding its project pipeline. They are evaluating multiple projects. CMD Murali M attributed the success to strong execution.
AI stocks: Midterm elections could threaten AI trade as data center backlash grows
Public opposition to US data centers and the November midterm elections could reshape AI infrastructure investment. Increased regulatory scrutiny, rising electricity costs and construction delays