Posts in category Economic Times
Arm shares fall 6% as tepid forecast takes shine off AI optimism (09-05-2024)
Shares of Arm Holdings fell 6% on Thursday as the chip designer's downbeat annual revenue forecast cooled some of the enthusiasm around the stock following its AI-powered jump in recent months.
Airbnb slumps over 6% as gloomy Q2 forecast fans slowdown fears (09-05-2024)
Airbnb shares tumbled more than 6% in early trading on Thursday after weak forecasts for the second quarter stoked investor fears about slowing growth at the vacation rental firm and took the shine off a strong quarterly profit beat.
Shanthi Gears Q4 Results: Company reports PAT at Rs 25.68 cr vs Rs 19.47 crore a year ago (09-05-2024)
Shanthi Gears Ltd has recorded a profit after tax of Rs 25.68 crore, for the quarter ending March 31, 2024, the Tamil Nadu-based company said on Thursday.
Godrej Agrovet Q4 Results: Net profit jumps almost 3-fold to Rs 65 crore (09-05-2024)
Godrej Agrovet Ltd on Thursday posted close to a three-fold jump in consolidated net profit to Rs 65.48 crore in the March quarter on slightly higher sales and reduction in expenses. The company's net profit stood at Rs 23.47 crore in the same quarter previous fiscal, the company said in a regulatory filing.
These 5 capital goods stocks hit fresh 52-week highs; rallied up to 25% in a month (09-05-2024)
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Abbott India Q4 Results: Net profit rises 24% YoY on higher sales (09-05-2024)
Indian drugmaker Abbott India reported a 24% rise in fourth-quarter profit on Thursday, as strong sales outpaced the impact of government pricing caps on certain medicines.
Asian Paints Q4 Results: Weak demand drags company’s sales, profit below view (09-05-2024)
Weak demand ahead of the general elections, along with price cuts taken by the company amid intense competition weighed on the March quarter earnings of Asian Paints, dragging its sales and profit below estimate.
US stocks flat at open as weak earnings offset jobless claims relief (09-05-2024)
The Dow Jones Industrial Average rose 7.9 points, or 0.02%, at the open to 39064.27.
Sebi mulls direct payout of securities to client’s account mandatory (09-05-2024)
To enhance operational efficiency and reduce the risk to clients' securities, markets regulator Sebi on Thursday proposed making the process of direct payout of such securities to the client's account mandatory.
Ajmera Realty Q4 Results: Net profit jumps 44% YoY to Rs 103 crore; sales value sees two-fold jump (09-05-2024)
Real estate developer Ajmera Realty & Infrastructure has reported 44% on-year increase in net profit for the financial year 2023-24 at Rs 103 crore on the back of robust growth in bookings.