Lodha Developers Q3 net profit at Rs 960 crore, revenue at Rs 4,670 crore
Lodha Developers reported robust Q3 results with net profit rising slightly and revenue up 14% year-on-year. Record pre-sales, expansion into new projects, and strategic balance sheet management strengthened growth and market presence.
ACC Q3 Results: Cons profit plunges 63% YoY to Rs 404 crore, but revenue rises 22%
ACC Q3 Results: ACC’s net profit saw a significant drop of 63 percent year-on-year for the December quarter. The company posted a profit of Rs 404 crore. However, its revenue from operations showed growth, increasing by 22 percent to Rs 6,391 crore. This performance reflects a mixed financial outcome for the Adani Group firm during […]
Markets shrug off India-EU trade deal; stock picking key as valuations stay stretched: Deepak Shenoy
Indian markets showed a muted reaction to the India-EU trade deal as investors await clarity on benefits and timelines. Capitalmind CEO Deepak Shenoy says equities remain selectively attractive, with stock-specific opportunities emerging amid valuation pressures, labour law impacts on earnings, rising FMCG competition, and cautious optimism around PSU banks and mid-cap stocks.
Rupee lags Asian peers as NDF maturities, month-end dollar bids pinch
The Indian rupee closed marginally weaker on Wednesday, lagging Asian peers, on dollar demand linked to maturing non-deliverable forwards positions and month-end importer demand, while positive cues from a broad-based decline in the greenback capped losses.
Adani Electricity Mumbai secures sovereign-grade rating after years of deleveraging
Adani Electricity Mumbai has secured a AAA credit rating from India Ratings, placing the private utility on par with India’s sovereign credit profile. The upgrade reflects regulatory support, declining leverage and improved operating performance following a turnaround since its acquisition in 2018.
Shadowfax bets big on e-commerce and quick commerce as scale, tech and automation drive profitability
Shadowfax is at the forefront of India’s last-mile logistics evolution. The company is experiencing strong growth driven by e-commerce and quick commerce. Aggressive expansion into new areas and technology are key. Shadowfax is improving efficiency and profitability. The company is set to play a significant role in the country’s logistics future.
CarTrade Tech shares slide 11% as investors look past Q3 revenue growth, margin expansion
CarTrade Tech shares slid sharply after the company reported strong December-quarter profit growth and a significant expansion in margins, with investors focusing instead on a slowdown in revenue growth compared with the prior quarter.
Hindustan Copper shares rally 15% in 2 days. What’s behind the surge?
Hindustan Copper shares surged nearly 15% in two sessions after the state-owned miner emerged as the preferred bidder for a new copper block in Madhya Pradesh, reinforcing investor optimism amid a strong global metals rally and bullish technical signals.
Tata Consumer Products shares tumble 5% after Q3. What should investors do?
Tata Consumer Products shares dropped significantly on Wednesday. This occurred even as the company reported a 38% year-on-year profit jump and 15% revenue increase for the December quarter. Analysts from Morgan Stanley, Motilal Oswal, and JM Financial provided their views on the stock. Their recommendations range from Overweight to Buy and ADD, with varying price […]
MCX shares soar 14% in 2 sessions. What’s triggering the rally?
Multi Commodity Exchange of India (MCX) shares surged 7.5% after reporting a massive 151% year-on-year jump in consolidated net profit to Rs 401 crore for Q3FY26. Revenue from operations also saw a robust 121% YoY increase to Rs 666 crore, driven by significant growth in trading activity and new product launches.