Bajaj Housing Finance could see a block deal on Tuesday where promoter Bajaj Finance may sell a 2% stake in the company, according to a report. The offer floor price is likely set at Rs 95 per share, a 9% discount over today’s closing price of Rs 104.59 on the NSE. According to an ET…
While the just-concluded Q2 earnings season showed positive signs of earnings cut moderating, the proportion of misses in smallcaps was the highest and signaled troubling signs in the world of smallcaps where the market capitalization has already lost Rs 4 lakh crore value so far in 2025. Almost every second smallcap stock is down at…
Bajaj Finserv on Tuesday reported a 7.5% year-on-year (YoY) growth in its consolidated Q2 net profit at Rs 2,244 crore as compared to Rs 2,086 crore posted in the year-ago period. The profit after tax (PAT) is attributable to the owners of the company. The company’s revenue from operations in the quarter under review stood…
Shares of bakery food major Britannia Industries Ltd climbed as much as 5% to their day’s high of Rs 6,191.50 in morning trade on Thursday, 6 November, after the FMCG giant reported a 23.23% rise in consolidated net profit to Rs 655.06 crore for the September quarter, aided by stable commodity prices and cost optimisation…
Shares of Ambuja Cements rose 1% to hit an intraday high of Rs 588.55 on the BSE on Tuesday after the Adani Group-owned cement major posted a stellar 268% year-on-year (YoY) jump in its consolidated net profit to Rs 1,766 crore for the July-September quarter (Q2 FY26), compared to Rs 479 crore in the year-ago…
The makers of popular liquor brands Magic Moments vodka and 8PM whisky, Radico Khaitan are battling for more states to adopt an excise policy such as that of Uttar Pradesh to ease business and allow consumers the option to choose from one store, managing director Abhishek Khaitan said. Addressing analysts during the company’s earnings call,…
The forgettable Q2 earnings season, which was the worst since early 2020, saw at least 72 profit-making companies including Birla Corporation, Borosil Renewables, Honasa Consumer and Poonawalla Fincorp, report losses on a year-on-year (YoY) basis. Interglobe Aviation, which runs IndiGo airline, reported a loss of Rs 987 crore in Q2 vs a profit of Rs…
The second quarter earnings season is underway and as many as 2515 companies will declare their results this week. Some of the marquee names include ONGC, Hindalco, Britannia, Hyundai Motor, Nykaa, Eicher Motors, Vodafone Idea, HAL, Grasim, Hero MotoCorp, among others. Most of the earnings so far have been muted in the second quarter for…
Titagarh Rail Systems on Saturday reported a 14% rise in its September quarter consolidated net profit at Rs 81 crore versus Rs 71 crore in the year ago period. On a sequential basis, the profit after tax (PAT) was up 21% over Rs 67 crore reported in the April-June quarter. The revenue from operations in…
IDFC First Bank reported a 73% drop in its September quarter standalone net profit at Rs 201 crore versus Rs 751 crore reported by it in the year ago period. However, the Net Interest Income (NII) grew 21% to Rs 4,788 crore in Q2FY25 versus Rs 3,950 crore in the year ago period. The earnings…