Reliance Industries Set for Strong Q1; O2C Division Poised for Turnaround
Reliance Industries Ltd (RIL) is expected to post a strong performance in the June quarter (Q1 FY25), driven by improving margins in its oil-to-chemicals (O2C) segment, continued subscriber additions in…
Bank Nifty Slides 1% as Axis Bank Q1 Results Disappoint; Insurance and NBFC Stocks Also Under Pressure
The Indian banking and financial sector faced a rough trading session on the back of disappointing Q1 results from Axis Bank, leading to a sharp selloff across private banks, insurance…
Top Stocks to Watch on July 18: Wipro, Axis Bank, LTIMindtree, Lupin, and More
The Indian stock market is set for another action-packed session on July 18, with several companies under the spotlight due to their quarterly results, strategic deals, fund-raising announcements, and regulatory…
Sensex Slips 600 Points, Nifty Drops Below 24,950 as Weak Axis Bank Results Weigh on Markets
Indian equity markets witnessed a sharp decline on Friday as both Sensex and Nifty came under heavy selling pressure. The fall was largely driven by disappointing Q1 results from Axis…
Reliance Retail Acquires Kelvinator to Boost Consumer Durables Segment
In a strategic move to strengthen its footprint in India’s booming consumer durables market, Reliance Retail has acquired the iconic home appliances brand Kelvinator. The acquisition is aimed at accelerating…
Axis Bank Shares Tumble Over 5% After Disappointing Q1 Results
Shares of Axis Bank slipped over 5% to Rs 1,099 on July 18 as the lender posted a disappointing financial performance for the June quarter (Q1FY25). The bank reported muted…
Tata Sons to Inject $400 Million into Tata Digital to Revive E-Commerce Operations
Tata Sons, the principal holding entity of the Tata Group, is planning a substantial $400 million capital infusion into its e-commerce subsidiary Tata Digital, according to people familiar with the…
Axis Bank Q1 Profit Slips 4% to Rs.5,806 Cr as NII Stagnates, Asset Quality Weakens
Muted profit and rising NPAs weigh on sentiment; stock dips 1% despite operating profit growth and steady loan book Axis Bank Ltd on July 17 reported a 3.8% year-on-year decline…
Wipro Q1 Profit Up 11% to Rs.3,330 Cr, Beats Forecasts; Declares Rs.5 Dividend
Strong deal momentum and cost discipline support earnings beat, but stock slips amid muted revenue guidance Wipro Ltd on July 17 reported a robust 11% year-on-year rise in consolidated net…
Adani Enterprises Exits AWL Agri with Rs. 7,150 Cr Deal; Wilmar Now Holds 65% Stake
Exit completes Adani’s JV departure as Wilmar becomes majority shareholder; AWL Agri rallies over 5% on deal clarity and record revenue Adani Enterprises on July 17 announced the completion of…
