Latest Stock Market News

Bharti Airtel’s Africa business posted an 11-fold profit surge to $169 million in Q3 FY25, aided by currency appreciation and lower finance costs. Revenue grew 2% to $1.26 billion, driven by strong customer additions. Airtel Africa announced a second $100 million share buyback.

The penalty was slapped on MOFSL after conducting an inspection for the period between April 1, 2021 and June 30, 2022.

Small and midcap stocks thrived in recent years, but earnings moderation and market correction signal a healthy adjustment.

Kenneth Andrade advises caution as markets consolidate post-pandemic. He highlights high valuations, slow corporate investment, and inflated small/midcap stocks. Investors should focus on long-term opportunities and avoid short-term speculation.

Dabur India Q3 Results: FMCG company Dabur India on Thursday reported its results for the third quarter ended December 2024, posting a marginal 1.8% rise in its consolidated profit after tax on a year-on-year (YoY) basis to Rs 515.82 crore while its revenue from operations climbed 3% YoY.

Stock Market Highlights: Indian benchmark indices closed in the green on Tuesday, driven by gains in financial stocks and heavyweight Reliance Industries (RIL). However, a decline in Tata Motors capped gains on the benchmarks.

Market expert Hemang Jani highlights sector-specific opportunities, focusing on PSU stocks, urban consumption, and realty. He advises a selective approach amid market divergence, favoring Bajaj Finance, defense PSUs, and quick commerce.

Maruti Suzuki share price: The company reported an EBITDA of Rs 4,470 crore in the third quarter, marking a 14% YoY increase. Margins, however, saw a slight decline to 11.6%. Maruti sold a total of 566,213 vehicles during the quarter, with 466,993 units sold in the domestic market and 99,220 units exported.

Adani Ports Q3 Results: The Q3FY25 revenue from operations stood at Rs 7,964 crore, marking a 15% increase compared to Rs 6,920 crore in the same quarter of the previous financial year.

​The risk reward looks more favourable at the current levels. Maybe we have a lot of events, budget is the one important event which is likely to be pan out on Saturday, but thing looks like most of the negatives are getting priced at the current levels.