Swiggy shares crack 27% YTD. What’s behind the fall and should you stay invested?
Swiggy shares have fallen this year due to poor financial results. The company is experiencing losses despite revenue growth. Analysts are observing potential signs of recovery in the stock. Key resistance levels are being monitored. A breakout above Rs 425 could lead to further gains. Investors should watch for a possible uptrend.
Nifty logs longest weekly losing run since 2020 crash. Here’s how
Indian markets extended losses for the sixth straight week—longest since April 2020—as US tariff hikes, weak earnings, and persistent FII outflows weighed on investor sentiment. Exporters, especially in textiles and seafood, were hit hardest amid trade tensions.
PG Electroplast shares crash 23% after Q1 PAT drops 54% QoQ; near-term headwinds seen
PG Electroplast shares fell 23% after Q1 net profit dropped 20% YoY and 54% QoQ to ₹67 crore. Despite 14% YoY revenue growth, early monsoon hit seasonal AC sales. Management stays optimistic on long-term outlook.
Info Edge Q1 Results: Cons PAT jumps 27% YoY to Rs 296 crore, revenue up 17%
Info Edge (India) reported a 27% year-on-year increase in consolidated net profit for the June quarter, reaching Rs 296 crore. Revenue also saw a 17% rise to Rs 791 crore. Standalone billings grew by 11.2%, with recruitment business increasing by 9.0% and non-recruitment portfolio growing by 17.6%. However, the recruitment segment faced headwinds and a […]
Manishi Raychaudhuri favors high dividend yield plays as safe havens amid market turbulence
Amidst tariff uncertainties and a weak earnings season, India faces declining earnings estimates and foreign investor outflows. Manishi Raychaudhuri suggests focusing on domestic issues, favoring private sector banks due to their strong performance and technological capabilities. He also recommends considering select industrials, consumer discretionary stocks, and domestic healthcare services for potential growth.
Gold prices surge to fresh all-time high of Rs 1,02,191/10 gms. What’s fueling the rally?
Gold October futures on MCX hit a fresh all-time high of Rs 1,02,191/10g, driven by US trade tariff uncertainty and central bank buying. Silver also remained strong. Analysts expect continued volatility but maintain a positive outlook amid global risks. Gold and silver are poised for a second straight week of gains, supported by bullish technicals […]
Page Industries Q1 Results: Profit rises 21.5% to Rs 200.8 crore
Page Industries Limited has announced a rise in net profit. The apparel manufacturer’s profit increased by 21.52 percent for the June quarter. The company’s net profit is now Rupees 200.79 crore. Revenue from operations also saw a boost. It increased 3 percent to Rupees 1,316.56 crore. The company’s board has declared an interim dividend.
Reliance Infrastructure and Reliance Power shares fall by 9% each in 2 days
Anil Ambani’s group companies faced a stock plunge. This followed an investigation into a significant bank loan fraud case of seventeen thousand crore rupees. The Enforcement Directorate questioned Anil Ambani. The probe focuses on loans to Reliance Home Finance, Reliance Commercial Finance and Reliance Communications. These loans turned into non-performing assets. Several banks are involved […]
Low ownership and strong commentary fuel LIC’s momentum: Anshul Saigal
Anshul Saigal discusses the market’s current narrow focus on companies with certain earnings growth and limited downside. He notes the insurance sector’s recent momentum due to strong results and low ownership, highlighting LIC’s price appreciation.
Matt Orton warns of short-term volatility, urges investors to focus on long-term growth sectors
Raymond James Investment’s Matt Orton advises investors to capitalize on market dips, focusing on AI, capex, and reshoring for long-term growth. Despite concerns about a potential economic slowdown and Trump’s tariff stance with India, Orton believes a deal with India is still possible due to its strategic importance.