Amazon Shares Plunge Amid Cloud Computing Concerns and Disappointing Q1 Forecast

Amazon Shares Plunge Amid Cloud Computing Concerns and Disappointing Q1 Forecast

On Friday, February 7, 2025, Amazon.com stock prices plunged four percent after investors lost confidence in the technology giant’s cloud computing revenue figures, which came up short of expectations regarding their AI investment return. Amazon’s market value decreased by $100 billion during the Friday share market decline. Amazon demonstrated earnings higher than analyst predictions during … Read more

Aurobindo Pharma’s Q3 FY25 Results: Profit Declines Despite Revenue Growth

Aurobindo Pharma's Q3 FY25 Results Profit Declines Despite Revenue Growth

Aurobindo Pharma reported its Q3 FY25 results, revealing a 10% year-on-year (YoY) decline in consolidated net profit after tax (PAT) to ₹845.56 crore, compared to ₹939.97 crore for the same period last year. The net profit came on an 8.5% increase in the revenue from operations to ₹7,978.5 crore (₹7,351.7 crore). Total expenditure increased to … Read more

Hero MotoCorp Exceeds Expectations With Q3 FY25 Results

Hero MotoCorp Exceeds Expectations With Q3 FY25 Results

Hero MotoCorp announced its Q3 FY25 results, reporting a 12% year-on-year (YoY) increase in net profit, reaching ₹1,203 crore. This exceeded analysts’ projections. The company’s revenue from operations also grew by 5% YoY to ₹10,211 crore. The company’s operating revenue from its operations was ₹ 10,211 crore as against ₹ 9,724 crore in the same … Read more

Britannia’s Q3 FY25 Results: Profit Climbs Amidst Margin Pressures

Britannia's Q3 FY25 Results Profit Climbs Amidst Margin Pressures

Britannia Industries announced its Q3 results for the financial year 2024-25, reporting a consolidated net profit of ₹582 crore, a 5% increase compared to ₹556.39 crore in the same quarter last year. The company’s revenue for Q3 stood at ₹4,592.62 crore, up 7.9% from ₹4,256.33 crore in the corresponding period last year.  The company, which … Read more

Info Edge Shares In Focus Following Q3 Profit Surge; Analysts Weigh In

Info Edge Shares In Focus Following Q3 Profit Surge; Analysts Weigh In

Info Edge (India) Limited, the parent company of Naukri.com and 99acres, has reported a strong performance in its Q3FY25 results, leading to positive market sentiment. The company’s shares experienced a rise following the announcement of a 60% year-on-year (YoY) surge in net profit The share split is aimed at enhancing the liquidity of the company’s … Read more

Page Industries Shares Decline Amid Mixed Brokerage Reactions To Q3 Results

Page Industries Shares Decline Amid Mixed Brokerage Reactions To Q3 Results

Brokerage houses are divided on NHPC in response to the third-quarter results of the Indian public sector hydropower provider. With an increased target price of ₹91, up about 6% from the prior target price of ₹86, JM Financial is still recommending NHPC as a “buy.” Additionally, the brokerage believes that the stock has over 12% … Read more

Cummins India Shares Surge On Strong Q3 Results And Interim Dividend Announcement

Cummins India Shares Surge On Strong Q3 Results And Interim Dividend Announcement

The stock of Cummins India experienced a 5 percent increase on February 6 intra-day trading because the company delivered impressive financial results for both the December 31, 2024 quarter and period. During these three days, the stock price has escalated by 14 percent. The Board of Directors decided to give an interim dividend payment of … Read more