Despite a 40% rise in revenue, Kaynes Technology India’s June quarter results reveal profit declines, rising debt and cash flow concerns, prompting mixed analyst reactions and delayed growth forecasts. Kaynes Technology India Ltd.’s June quarter drew a mixed response from…
Anil Singhvi forecasts a mixed trading setup for Monday, with key support levels and resistance zones defined amid a cautious market trend. Analysts highlight the importance of breaking resistance to confirm a bullish reversal, while dips continue to attract buyers.…
ICICI Securities maintains a buy rating on Orkla India despite trimming its target price, citing robust revenue growth driven by regional and digital expansion, balanced against rising commodity costs and margin compression. ICICI Securities has kept a Buy rating on…
Brokerages remain divided on Ola Electric’s future, with Goldman Sachs seeing potential turnaround while Emkay Global warns of ongoing challenges amid rising competition and market share pressures. Brokerages remained sharply split on Ola Electric after its first-quarter update, with Goldman…
Analysts remain divided on Kaynes Technology’s future prospects following a mixed quarterly report, with bullish targets citing growth potential and others raising concerns over cash flow and execution risks. Kaynes Technology shares have become a battleground for analysts after the…
Fortis Malar Hospitals faces a significant downturn with its income plummeting by 88.3% year-on-year, reflecting a shift from active hospital operations to a cash shell following its sale to MGM Healthcare, highlighting the volatility in its recent transition. Fortis Malar…
Crescent Energy’s latest earnings showcase robust free cash flow and strategic acquisitions, prompting renewed market interest and suggesting the company’s shares are undervalued compared to its earning power. Crescent Energy is drawing fresh attention after another strong quarter left the…
Gold and silver prices in India saw little change on August 10, as traders monitor international economic data, US interest rate expectations, and currency fluctuations to guide their next move, according to Business Today. Gold and silver prices in India…
As India prepares for dual listings, Dhoot Transmission and Molbio Diagnostics present contrasting prospects, with market sentiment favouring the auto parts maker for short-term gains while offering longer-term potential for the diagnostics firm. Investors opening their books on Monday have…
Indian equities are expected to open little changed or slightly lower amid the first week of the NSE’s new closing auction session, with market sentiment supported by strong earnings, foreign inflows, and global geopolitical developments. Indian equities are likely to…
Goa-based Molbio Diagnostics opens its ₹939.70-crore IPO, highlighting its innovative Truenat platform for point-of-care testing across multiple diseases, amid cautious broker optimism regarding valuation and government dependence. Molbio Diagnostics opened its ₹939.70-crore initial public offering on Monday, with shares priced…
Investors brace for a pivotal earnings day with Titan showing robust demand and Oil India posting a remarkable profit jump, signalling evolving sector dynamics across India’s markets. Investors are set for a busy earnings day, with a long list of…
