Mahindra & Mahindra shares rose on better-than-expected March quarter results, driven by strong farm equipment market share and automotive segment gains. While automotive demand is expected to continue, tractor volume growth may moderate due to a high base and anticipated weaker monsoon. Input cost pressures led to a sequential drop in Ebitda margin, despite price hikes.
AMD shares jump 13% as AI chip demand lifts strong results
Shares of Advanced Micro Devices jumped sharply after the chipmaker delivered strong quarterly results and issued an upbeat outlook, driven by robust demand for AI