Electronics Sector Faces Decline As Dixon Technologies Reports Disappointing Results

Electronics Sector Faces Decline As Dixon Technologies Reports Disappointing Results

The electronics sector in India is currently experiencing a downturn, with shares of several prominent companies sliding following disappointing financial results from Dixon Technologies. As of January 23, 2025, the ripple effects of these results have been felt across the industry, leading to significant declines in stock prices for various players. This implies that those … Read more

Vedanta Shares Surge After Fitch Upgrades Rating To B+ with Stable Outlook

Vedanta Shares Surge After Fitch Upgrades Rating To B+ with Stable Outlook

On January 21, 2025, shares of Vedanta Ltd experienced a notable increase, rising over 1% to ₹465 following a significant upgrade from Fitch Ratings. The global rating agency raised Vedanta Resources Ltd’s (VRL) long-term foreign-currency issuer default rating (IDR) from B- to B+ while simultaneously changing the outlook to stable.  The SME IPO of Capital … Read more

MCX Shares In Focus On Returning To Profitability In Q3, Reports Rs 160 Cr Profit

MCX Shares In Focus On Returning To Profitability In Q3, Reports Rs 160 Cr Profit

Commodity derivatives exchange MCX on Monday reported a net profit of Rs 160.04 crore for the quarter ended December 31, as against a net loss of Rs 5.35 crore for the corresponding period a year ago. MCX’s quarterly net profit, however, fell short of analysts’ expectations. According to expert research, the commodity derivatives exchange was … Read more