Latest Stock Market News

Rate this item

(1 Vote)

Thomas Cook released its Q3 earnings post-market hours on February 3, reporting an 8.87% rise in sales to Rs 2,061.01 crore from Rs 1,893.13 crore in the previous year. However, net profit plunged 39.82% to Rs 49.58 crore from Rs 82.39 crore in Q3 FY24. The sharp decline, despite higher sales, raises concerns over rising costs or shrinking margins impacting profitability.

Asian Paints Q3 Results: Q3FY25 revenue from operations declined 6% to Rs 8,549 crore from Rs 9,103 crore a year ago. The company reported a 7.5% decline in standalone Q3FY25 net sales to Rs 7,289 crore, while revenue from operations fell 6% to Rs 8,549 crore from Rs 9,103 crore in the previous year. The results were announced during market hours, and by 2:15 pm, the company’s shares were up 4% on the NSE, trading at Rs 2,381.25.

Dr Agarwal s Healthcare had a tepid debut, listing at Rs 396.9, slightly below the IPO price of Rs 402. The offer was met with modest subscription demand, mainly driven by institutional investors. Despite short-term volatility, analysts remain bullish on the stock due to the company’s strong market share and growth potential in the eyecare industry.

India is witnessing a shift towards passive investing, with ETFs and index funds gaining traction. SIP inflows continue to grow, while US Fed policy impacts FII flows. AI is transforming investment strategies, and India s wealth management industry is evolving with alternative investments.

Aditya Birla Capital (AB Cap) reported a 4% YoY decline in Q3 FY25 net profit at Rs 708 crore, despite a 10% increase in revenue. Brokerages Motilal Oswal and Bank of America remain bullish, with target prices of Rs 240-250, citing strong growth potential from ABG ecosystem, NBFC expansion, and strategic investments.

Rate this item

(1 Vote)

Japan s Nikkei share average rose on Tuesday after U.S. President Donald Trump suspended his threat of steep tariffs on Mexico and Canada, before paring some gains as tit-for-tat levies ensued between the U.S. and China.

Rate this item

(1 Vote)

Bajaj Electricals Ltd on Tuesday reported a decline of 10.7 per cent in consolidated net profit at Rs 33.36 crore for the third quarter ended on December 31, 2024.

Motilal Oswal estimates the company’s December quarter losses at around Rs 700 crore, with expected revenue of Rs 3,891 crore. The food delivery segment is projected to see a 19% YoY increase in gross order value (GOV) with a 22% take rate. Adjusted EBITDA margins, as a percentage of GOV, are expected to rise 20 basis points QoQ to 1.8%.

Rate this item

(1 Vote)

U.S. crude prices dropped nearly 2% due to the imposition of U.S. tariffs on China, leading to Beijing retaliating with tariffs on U.S. coal, liquefied natural gas, and crude oil. The pause on steep levies on imports from Canada and Mexico provided a brief respite. Analysts expect U.S. crude inventories to have risen recently.

Mutual funds actively reshuffled portfolios in Q3 FY25, increasing stakes in several Nifty500 small-cap stocks. Companies like Mahanagar Gas, Home First Finance, and Tata Chemicals saw notable investment hikes, reflecting growing confidence in select small-cap and mid-cap opportunities.

Warning! Information Posting in this website is only for educational purpose. We are not responsible for losses incurred in Trading based on this information.