Stock Market Live Updates: The Indian markets will react to the return of the AI / Chip rally after Microsoft’s historic move overnight. The Nifty has managed to stay the course despite all the bad news this week and the bulls have been aiming for 24,500 on the upside. On the lower end, 24,000 will…
Stocks to Watch Today, July 31: Vedanta, Swiggy, Tata Steel, Hyundai Motor, Go Digit and others (Image: AI/ET Now) Stocks to Watch Today, July 31: Indian shares are likely to remain stock-specific on Friday as investors react to a fresh set of quarterly earnings and key corporate developments. Companies including Tata Steel, Bajaj Finance, Swiggy,…
Shares of Amazon.com Inc. surged over 9% in extended trading on Thursday, July 30, after a strong second quarter earnings performance, led by growth in its cloud business. The company also boosted its capex forecast for the year, citing strong demand in the field of Artificial Intelligence (AI). Amazon reported revenue of $200.61 billion during…
Benchmark indices on Wall Street recovered most to all of the losses made during Wednesday’s post-Fed policy sell-off as chip stocks snapped a multi-day losing streak. The rally in chip stocks came at the cost of profit booking in software names that outperformed this week. The Dow Jones gained over 600 points, more than half…
Apollo Pipes slipped into a first-quarter loss as sharp fluctuations in PVC prices hurt demand and squeezed margins, though the company expects a stronger second half of FY27 as prices stabilise, inventory levels normalise and business activity picks up. Source link
Swiggy reported a narrower-than-expected consolidated net loss for the June quarter, while revenue and operating performance were largely in line with Street estimates. The food and quick commerce platform posted a net loss of ₹791 crore, compared with a loss of ₹1,197 crore in the year-ago period and better than analysts’ estimates of a loss…
Chambal Fertilisers and Chemicalsreported a 4.6% year-on-year decline in consolidated net profit for the quarter ended June 30, even as operating profitability improved. The company posted a consolidated net profit of ₹544 crore for the first quarter, compared with ₹549 crore in the corresponding period last year. Revenue from operations fell 11.8% year-on-year to ₹5,027…
RailTel Corporation of India reported a flat net profit of ₹66 crore for the quarter ended June 30, even as revenue and operating profit recorded double-digit growth year-on-year. The company’s board approved the unaudited financial results for the quarter at its meeting held on July 30. Revenue from operations rose 20.1% to ₹893.2 crore in…
Automotive and electric vehicle company JBM Autoreported a 14.7% year-on-year rise in net profit for the first quarter of FY27, supported by continued growth in its electric vehicle and auto components businesses. The company posted a net profit of ₹42.2 crore for the quarter ended June 30, compared with ₹36.8 crore a year earlier. Revenue…
After Wednesday’s sharp rally, the Nifty50 extended its gains on Thursday (July 30), ending 66 points higher at 24,317. The index opened on a flat note and traded in a narrow range for most of the session before witnessing strong buying in the final hour, recovering nearly 115 points from the day’s low to end…
