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Puma shares slid more than 18% on Thursday after the German sportswear brand reported lower than expected fourth-quarter sales and a drop in annual profit, raising questions about its ability to compete against bigger rivals Adidas and Nike.

Syngene reported 18% YoY growth in Q3FY25 net profit. Revenue rose 11% YoY. EBITDA margin improved to 31.4%. Company expects single-digit revenue growth and flat profit after tax for FY25.

EPack Prefab Technologies has filed draft papers with markets regulator Sebi to raise funds through an Initial Public Offering (IPO).

​So, banks are cheap. And second is, at these valuations, a lot of bad news is priced in. So, as we see growth coming back, as we see things recovering, then I know banks is one sector which will do well.

European shares were flat on Thursday, hovering below a record high touched in the previous session, as a drop in technology shares offset gains in telecom and utilities, while investors assessed a mixed set of corporate earnings.

IREDA shares were trading 1.5% lower at Rs 197.20 on the BSE following the announcement. The stock has experienced notable fluctuations, dropping nearly 27% over the past six months but rising over 32% in the last 12 months.

The company reported a 10.5% YoY and 9% QoQ growth in its domestic sales volume. Additionally, trade volume increased by 12.5% YoY, while rural sales volume rose by 13% compared to Q3FY24.

Reliance Jio has launched JioCoins, a blockchain-based digital token built on Polygon. JioCoins reward users for browsing via JioSphere and mark a step toward Web3 adoption, with regulatory implications under India’s cryptocurrency framework.

Adani Energy Q3 Results: The quarterly revenue from operations rose 28% YoY to Rs 5,830 crore from Rs 4,563 crore but dropped 6% sequentially from Rs 6,184 crore in Q2FY25. Meanwhile, the bottom line fell 17% sequentially to Rs 675 crore, reflecting a decline compared to the July-September 2024 quarter, despite strong annual growth in revenue performance.

ZEE Entertainment Enterprises (ZEEL) reported a 180% YoY growth in net profit to Rs 164 crore in Q3, despite a 3% YoY revenue decline to Rs 1,979 crore. Advertising revenue improved 4% QoQ but declined 8% YoY. Subscription revenues rose 7% YoY to Rs 982 crore.