Vedanta Q1 Results: Margin expands in first post-demerger earnings despite muted revenue

Vedanta Q1 Results: Margin expands in first post-demerger earnings despite muted revenue

Vedanta Ltd. reported a resilient set of earnings in its first quarterly results since completing its demerger, with stronger operating profitability and improved margins helping offset a marginal decline in revenue. The performance reflected healthy execution across its diversified metals and mining portfolio, while continued debt reduction added to investor confidence. Profit for the June…

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FPIs cite South Korea, Taiwan volatility, pump ₹20,199 crore into equities in July

FPIs cite South Korea, Taiwan volatility, pump ₹20,199 crore into equities in July

Foreign Portfolio Investors (FPIs) reversed their selling streak in July, turning net buyers of Indian equities with cumulative purchases worth ₹20,199 crore. Of this, ₹6,731 crore came through stock exchanges, while ₹13,467 crore flowed in via the “primary market and others” category. Debt inflows also rose sharply, with ₹29,211 crore entering through the “General Limit”…

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Indore-based Rajratan Global Wire reports strong operating income growth in Q1, margin expands

SK Hynix, Samsung shares surge over 20% each as AI rally roars back

SK Hynix and Samsung Electronics experienced significant gains on Friday, mirroring the sharp rise in U.S. technology stocks. This uptick came after Amazon and Microsoft posted impressive earnings, renewing optimism for investment in artificial intelligence. SK Hynix saw its shares climb over 25%, nearing a record-breaking day if the gains persist. Samsung also saw a…

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M&M shares are now a 'high conviction' bet for CLSA; Nomura cites attractive valuations

M&M shares are now a ‘high conviction’ bet for CLSA; Nomura cites attractive valuations

Shares of Mahindra & Mahindra Ltd. (M&M) will continue to remain in focus on Friday, August 1, after brokerages largely maintained a positive stance following the automaker’s June quarter earnings, which were broadly in line with Street expectations. Global brokerage CLSA upgraded the stock to ‘High Conviction Outperform’ and raised its target price to ₹4,588…

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