Defence public sector undertaking Bharat Electronics Ltd showcased an impressive performance in the June quarter with crucial parameters better than the Street’s estimates. This is driven by factors including execution of base orders mainly received as part of import substitute in the past three years, cost savings via higher outsourcing from local vendors and better operating leverage. For now, a …
IREDA, India’s leading green financing NBFC, saw its share price rise by nearly 7% in today's intraday trade, reaching ₹275 per share and breaking a three-day losing streak. In recent sessions, the shares came under sell-off pressure, mainly attributed to profit-taking and a downgrade in estimates by global brokerage firm, Phillip Capital, following IREDA’s Q1 FY25 earnings report. Phillip Capital …
