Bharat Forge’s only hope in the short term would be the bilateral trade agreement between India and the US. Even if the pact is worked out, it is uncertain whether a baseline import tariff of 10% would stay Continue Reading »
Q4 Results Preview: Nuvama Institutional Equities reports that earnings challenges will persist into Q4FY25E, with revenue growth expected at 6% year-on-year. Profit growth is slowing to 1%, and sectors like cement and FMCG will struggle, while metals and telecom may see robust growth. Continue Reading »
Adani Ports' shares rose sharply after the announcement of operations at Colombo West International Terminal, a major investment of $800 million. The terminal, developed under a public-private partnership, will enhance cargo handling and is expected to create thousands of jobs in Sri Lanka. Continue Reading »
IT Sector Q4 Results Preview: Large-cap IT companies are projected to post a sequential revenue decline, mid-cap IT firms are likely to maintain robust organic growth on a QoQ basis, analysts said. Continue Reading »
Indian metal stocks suffered significant losses for the second consecutive session as the US-China trade war escalates, with the Nifty Metal index falling 8.60% to a 52-week low. Major companies like Tata Steel and Hindalco faced declines amid concerns over global economic repercussions. Continue Reading »
Balu Forge's promoter has raised his stake in the company after a preferential share allotment, despite a significant decline in the Indian stock market affecting many stocks. Continue Reading »