q3 earnings

NATCO Pharma shares sinks 28% in 2 days on Q3 earnings miss, brokerage downgrade

David Bale2 months ago04 mins

Shares of NATCO Pharma tumbled as much as 10% on Friday to Rs 876.15 on the BSE, extending a two-day slump to 28% after the company posted a sharp decline in third-quarter profit and brokerage Nuvama Institutional Equities slashed its target price citing weak business prospects. The stock plunged 20% on Thursday to Rs 975.05,…

Vedanta shares tumble 7% as US dollar hits record peak

David Bale3 months ago04 mins

Vedanta shares plunged 7% to Rs 410 in Monday’s trade on the BSE after the US dollar reached a record peak against the Indian rupee and other global currencies. The Indian rupee weakened past Rs 87 per US dollar for the first time, following President Trump’s tariff impositions on the country’s largest trading partners, driving…

Fund Manager Talk: Trump presidency not a big threat to IT but can affect FII flow: Krishnan VR

David Bale3 months ago010 mins

Some of Trump’s campaign signature promises, like tariffs and immigration control, if implemented, could put upward pressure on inflation and treasury yields, possibly affecting capital flows into India, says Krishnan VR, Chief of the Quantitative Research team at Marcellus. Tighter visa regulations, however, won’t be a big threat for Indian IT majors, he says in…