Business

A handful of companies have come out with quarterly results towards the end of the earnings season. Among them are Bharat Forge, Gujarat State Petronet (GSPL), CESC, Titagarh Wagons, Bosch. The December quarter numbers for these companies…

ITC, Dalmia Bharat Sugar, Manappuram Finance, Computer Age Management Services (CAMS) and Aarti Industries are among nine stocks, which will turn ex-dividend today. Shares of Shreeji Translogistics will turn ex-split today. Vesuvius India,…

Brian Chesky, CEO and Co-founder of AirbnbMike Segar | ReutersShares of Airbnb rose about 9% in extended trading Tuesday after the company released fourth-quarter earnings that beat analysts' estimates on top and bottom lines.Here's how the…

Inflation turned higher to start 2023, as rising shelter, gas and fuel prices took their toll on consumers, the Labor Department reported Tuesday.The consumer price index, which measures a broad basket of common goods and services, rose…

Coca-Cola on Tuesday reported quarterly revenue that beat analysts' expectations, driven by higher prices on its drinks.But those higher prices have hurt demand for Coke products like Simply Orange Juice and Fairlife Milk. Coke said its…

The listed new-age technology companies have reported a mixed set of results for the quarter ended December 2022. Where FSN E-Commerce Ventures (Nykaa) reported over 70 per cent fall in net profit in Q3FY23, other players, including One97…

In this photo illustration, a Burger King Whopper hamburger is displayed on April 05, 2022 in San Anselmo, California. A federal lawsuit has been filed and is seeking class-action status alleging that fast food burger chain Burger King is…

Domestic stock indices on Tuesday snapped a two-day losing streak to settle higher. Weakness, however, prevailed in the broader market with almost two stocks ending lower for every one stock that rose, thanks to a handful of disappointing…

In its quarterly earnings, Adani Enterprises talked about the company's financial strength, strong governance and strict regulatory compliance. It partly talked about Hindenburg Research without naming it. The Adani firm gave a brief view…

Shares of Reliance Industries Ltd (RIL) rose after two days of losses today as financial brokerage Jefferies assigned a buy rating to the conglomerate. It reiterated its price target of Rs 3,100 a base case scenario, citing adequately…

Shares of Adani Enterprises staged a strong rebound in Tuesday's session after the Adani group flagship reported  December quarter results. In a press release,  the Adani Group Chairman, Gautam Adani, said the current market volatility is…

IRB Infrastructure Developers' shares rose in early trade on Tuesday after the company announced its results for the period ended on December 31, 2022. However, the stock gave up its early gains and traded flat during the second half of the…

Fusion Micro Finance (Fusion), which made its debut at Dalal Street in November 2022, is headed for a strong upside, believe analysts from select brokerage. After its quarterly earnings for the period ended on December 31, 2022, brokerage…

ITC shares were in focus in Tuesday's trade after a media report quoted Tuhin Kanta Pandey, secretary at Department of Investment and Public Asset Management (DIPAM), as suggesting the government does not plan to sell its indirectly held…

Retail investors love lesser-known counters at Dalal street but a few of them have rewarded them with multibagger returns since last Valentines' Day. A handful of BSE-listed companies have surged between 100 and 290 per cent in the last one…

EKI Energy Services, one of the holdings of Mukul Mahavir Agrawal, extended its weakness to the lower circuit on Tuesday. The stock was locked in sellers' circuits for a second straight session after the auditor's report and a disappointing…

Shares of Indiabulls Real Estate fell for the second straight session today after the firm reported widening of loss to Rs 237 crore in the December quarter against Rs 87.22 crore loss in the corresponding quarter of the previous fiscal.…

U.S. inflation is likely to be "far stickier" and could last a decade, according to Bill Smead, chief investment officer at Smead Capital Management.Wall Street is gearing up for key inflation data later Tuesday, when the Labor Department…

Shares of Adani group companies such as Adani Enterprises, Adani Power, Adani Ports & SEZ and Adani Green Energy fell up to 5 per cent in Tuesday's trade amid reports the group has been in talks since last week with Abu Dhabi’s…

Domestic benchmark indices bucked India's inflation numbers and opened with strong gains on Tuesday, tracking the global cues. US stocks settled higher on Monday, whereas Asian stocks were also up. Traders await the US inflation data later…

Shares of FSN E-Commerce Ventures (Nykaa) plunged 5 per cent in Tuesday's trade after the Falguni Nayar-led company reported a mixed set of quarterly results. Analysts said Nykaa met growth expectations, but margins undershot as gross…

Domestic stock indices on Monday extended losing streak to the second straight session, tracking weak global cues. Sensex declined 250.86 points, or 0.41 per cent, to 60,431.84. Nifty fell 85.60 points, or 0.20 per cent, to 17,770.90.…

A banner featuring the logo of Palantir Technologies (PLTR) is seen at the New York Stock Exchange (NYSE) on the day of their initial public offering (IPO) in Manhattan, New York City, U.S., September 30, 2020.Andrew Kelly | ReutersShares…

Prices are displayed in a grocery store on February 01, 2023 in New York City.Leonardo Munoz | Corbis News | Getty ImagesJust as Federal Reserve officials have grown optimistic that inflation is cooling, news could come countering that…

Ever since Adani Group companies' stocks started gyrating due to a short seller's scathing report on the conglomerate, Twitter users have started wondering if Adani Ports and Adani Enterprises should even be part of the coveted Nifty 50…

Adani Ports and Special Economic Zone (APSEZ) on Monday fell sharply as a rout in its shares continued. The stock slipped 5.25 per cent to settle at Rs 553.20 over its previous close of Rs 583.85. The company reported a 16 per cent decline…

Domestic equity markets kicked off the week on a negative note and extended their weakness for the second straight session on Monday. Feeble Asian markets added to the weakness of Indian equities ahead of US Inflation data, which is due on…

FSN E-Commerce Ventures (Nykaa) on Monday reported a 70.67 per cent year-on-year (YoY) drop in net profit at Rs 8.19 crore for the December quarter compared with Rs 27.93 crore in the corresponding quarter last year. Revenue from operations…

Shares of Voltas Ltd were in focus today after the Japanese research and broking firm Nomura maintained its 'buy' rating on the stock with a target of Rs 1,083 per share. The bullish stance of Nomura on the Voltas stock comes days after the…

Priti International's shares hit an upper circuit on Monday after the company reported a strong performance in the period that ended on December 31, 2022. The counter remained locked in the buyer's circuit for the entire trading session.…