Muskan 
Aarti Industries Ltd.’s consolidated net profit fell 43% in the second quarter of the current fiscal year, missing analysts’ expectations. The specialized chemical manufacturer’s profit fell to Rs 52 crore in the September quarter from Rs 91 crore in the previous year, according to an exchange filing on Friday. This contrasts to Bloomberg’s consensus estimate … Read more
Even though the September quarter results were poor due to issues like supply shortages, the Street were persuaded by the company’s speech and expectation for H2 2025, as Tata Motors shares rose as much as 3.16% to ₹831.20 apiece on the BSE on Monday, November 11. Tata Motors Q2 Results Tata Motors reported an 11% … Read more
Asian Paints said on Saturday that its Q2 FY25 net profit dropped 42.4% to ₹694.6 crore due to low demand and high material costs. Compared to the previous year’s ₹8,451.9 crore, consolidated net sales decreased 5.3% to ₹8,003 crore. Even more precipitously, profit before depreciation, interest, taxes, and other things (PBDIT) fell by 27.8% to … Read more
Nisus Finance Services Co Limited has submitted a Draft Red Herring Prospectus (DRHP) for its initial public offering (IPO). The business filed its DRHP with BSE, indicating that the NBFC intends to pursue a BSE SME IPO. The impending IPO offers equity shares with a face value of ₹10, with 57,80,000 being a new issue … Read more
Cash App, a digital wallet service for American consumers operated by Block, Inc., was recently in the news for alleged security flaws and data breaches. Numerous customers may be eligible for payouts—some even exceeding $2,500—due to the company’s numerous data breaches. The settlement website states that individuals who had or now have an account between … Read more
When Ola Electric Mobility Ltd. released its September quarter results following Friday, November 8 market closure, the company was still losing money. In comparison to the ₹524 crore loss it posted in the same quarter last year, the electric car manufacturing company’s net loss of ₹495 crore was somewhat lower. In its first reported quarter … Read more
he Social Security deficit has been a contentious problem for a few years, and legislators have put out numerous fixes to address it, but none of them have been overwhelmingly approved and enacted. Raising the full retirement age by two years to age 69 has been one of the most prominent alternatives put out in … Read more
The market capitalization of Tesla surged above $1 trillion on Friday due to increasing speculation that CEO Elon Musk’s firms would be treated favorably in exchange for his backing of President-elect Donald Trump during his campaign. Following a 19.3% gain till Thursday’s close, the electric carmaker’s shares increased more than 6% to a more than … Read more
Tyre manufacturer MRF said Friday that its consolidated net profit for the quarter ending September 30, 2024, was Rs 470.70 crore, a 19% year-over-year decrease. According to a regulatory filing, the company’s consolidated net profit for the second quarter of the previous fiscal year was Rs 586.60 crore. The business stated in the regulatory filing … Read more
On November 6, the eagerly anticipated Swiggy IPO went up for bid. By combining the sale of new shares with an offer for sale, the business will raise Rs 11,327.43 crore. On November 8, the IPO will close. On November 6th (Day 1), 12% of the IPO was subscribed for. The problem was booked 0.56 … Read more