Emcure Pharmaceuticals has announced a 36.2% rise in quarterly profit to Rs 292.5 crore, with international revenue leading the growth and increased focus on research and development shaping its strategic outlook for FY27. Emcure Pharmaceuticals reported a sharp rise in…
Samvardhana Motherson International has posted its strongest first quarter in history, with a 17% revenue increase, signalling continued momentum amid long-term expansion ambitions towards USD 108 billion in revenue by 2030. Samvardhana Motherson International said its first quarter of fiscal…
As the August MSCI Korea Index review approaches, LG Innotek emerges as a frontrunner for inclusion, reflecting a market recovery and potential for significant passive inflows, despite conflicting predictions on index adjustments. As the August MSCI Korea Index review approaches,…
Asian stocks show mixed performances amid investor caution ahead of upcoming US inflation figures, while European and US markets edge lower and commodities fluctuate. Asian markets ended mixed on Thursday, with traders watching for the next US inflation reading that…
Retail investors in South Korea are increasingly being pushed into the riskiest corner of the corporate bond market, as securities firms offload unsold speculative-grade paper amid fears of rising defaults and limited regulatory safeguards. Retail investors in South Korea are…
Firstsource Solutions reports ninth consecutive quarter of double-digit revenue growth, driven by strategic AI deployment and strong deal activity, despite healthcare sector challenges and rising net debt. Firstsource Solutions reported its ninth straight quarter of double-digit revenue growth, as the…
As market conditions favour steady cash distributions, dividend-focused exchange-traded funds are gaining renewed attention, spotlighting the strategic choice between growth-oriented and high-yield approaches for income seekers. Dividend-focused exchange-traded funds are drawing renewed attention as investors look for income in a…
Shares of Aegis Logistics surged after the company announced a sharp increase in quarterly profit driven by strong revenue growth and margin expansion, alongside bold expansion targets including a $1.2 billion capex plan by next year. Aegis Logistics shares rose…
Morgan Stanley has upgraded its view on PNB Housing Finance following strong June-quarter results, citing accelerated retail loan growth and improved market share, while maintaining a cautious stance on LIC Housing Finance owing to weaker core retail business. Morgan Stanley…
India’s benchmark indices closed Thursday almost unchanged amid a narrow trading range, with traders cautious ahead of a potential breakout as key support and resistance levels hold firm. India’s benchmark equity index ended Thursday almost unchanged, with the Nifty 50…
