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Mixed Earnings from Tech Services and Consumer Goods Companies Soured Mood On Dalal Street
Apr 25 Dalal Street indexes turned lower after mixed earnings from consumer goods companies dented market sentiment. Investors shifted their attention from the U.S.-led tariff war to earnings results from domestic corporations. mphasis axisbank ltts adaniports bajajfinsv
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Dalal Street Sentiment Weakened After Weak Earnings Results
Apr 24 Benchmark indexes in Mumbai lacked direction in choppy trading and trimmed weekly gains for the second consecutive week amid mixed corporate results. Investors overlooked constantly changing U.S. trade policy, and the rupee hovered near a four-month high. tataconsum persistent syngene rallis zomato
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Stock Movers: Astec Lifesciences, Nestle, Hindustan Unilever, Mphasis, L&T Technology, Tech Mahindra, Elecon Engineering, Persistent
Apr 25 Tech Mahindra reported a 72% jump in its earnings in the March quarter. Astec's net loss expands sharply in the fiscal fourth quarter. Nestle recommends a final dividend despite the decline in its earnings in the latest quarter. elecon persistent techm nestleind hindunilvr
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Stock Movers: Eimco Elecon, Maharashtra Scooters, Syngene Intnl, Tamilnad Mercantile, Supreme Petro, Himadri, Alok Ind, Rajratan Global
Apr 24 Maharashtra Scooters reported strong quarterly results in the March quarter. Eimco Elecon reported a muted increase in sales and earnings in the fiscal fourth quarter. Alok Industries said consolidated loss shrank in the March quarter. suppetro alokinds tmb hscl mahscooter
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Info Edge Struggles to Turnaround Real Estate Unit
Apr 8 Info Edge reported higher revenue in the March quarter, driven by an increase in its core recruitment solution and real estate division. naukri
- Earnings: TCS, Infosys, HCL Technologies
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Manipal Health Agreed to Acquire Medica Synergie to Tap Rising Demand in Smaller Cities
Apr 8 Manipal Health agreed to acquire Medica Synergie. Two hospital chains, controlled by Singapore-based Temasek, ramp up services in smaller cities across India.
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Aster DM Sells Middle East Business for $1 Billion
Nov 29 Aster DM agreed to sell its business located in the Gulf Cooperation Council to a group controlled by the promoters of the company and a private equity group based in the Middle East. asterdm
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Current Account Deficit Widened In Fiscal First Quarter
Oct 1 India's current account stayed elevated on the persistent deficit in international goods deficit and the sharp decline in international flow of funds for portfolio investment.
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Infrastructure Sector Output Shrank in August
Oct 1 India's infrastructure sector output shrank for the first time in August, highlighting the weakness in production of coal, natural gas, and refined crude.
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Wall Street Rejects Trump Administration's Tariff Defense, Stocks Resume Slide
Apr 7 Volatility with a downward bias dominated market sentiment on Wall Street, as the Trump administration's tariff defense failed to ignite support among investors. Global markets plunged with the indexes in China, Japan, and South Korea reporting historic losses.
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Middle East Tensions and Rebound In Crude Oil Prices Weighed On Mumbai Trading
Oct 7 Stocks in Mumbai struggled to advance amid lingering worries of a rebound in crude oil prices contributing to inflation. godrejprop lodha shl canbk mahabank
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