Indian corporates have reported subdued quarterly earnings in the current financial year. According to brokerage firm JM Financial, 45 per cent of companies within its coverage universe missed earnings estimates. According to the estimates of brokerage firm Antique Stock Broking, Nifty 50 companies, excluding financial, telecom, cement and commodity, may report revenue, EBITDA and PAT growth of 10 per cent, …
Shares of Bank of Maharashtra surged more than 6 percent during intraday trading on Friday, January 3, after the public sector lender reported robust updates for the December quarter. The bank's total business rose 16.9 percent year-on-year to ₹5.08 lakh crore, compared to ₹4.34 lakh crore in the previous year. Key Business Updates In its Q3 FY25 update, the bank …
Indian Railway Catering and Tourism Corporation or IRCTC share price ended higher on Thursday after strong Q3 results for October to December 2022 quarter. According to stock market experts, IRCTC shares are expected to come out of the base building mode and it may go up to ₹750 apiece levels in medium term. On what IRCTC shares' chart pattern suggests …
As the demand for e-learning and remote working remained strong, the Indian traditional PC market delivered a strong quarter with 9.2 per cent year-over-year growth shipping 3.4 million units in the September period, a new IDC report said on Tuesday. Although the commercial segment had very few government and education projects, the consumer segment recorded its biggest quarter ever with …