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Biocon shares fall 9% as generic sales disappoint

New Delhi, Jan. 22 -- Street sentiments on Biocon Ltd took a sharp beating as the company reported a 17% decline in net profits during the quarter that ended in December. The expectations of investor... Read More


Biocon shares correct as generic sales decline

New Delhi, Jan. 22 -- The street sentiments on Biocon Ltd took a sharp beating as the company reported a 17% decline in net profits during the quarter ending December. The investors' expectations from... Read More


Havells fires on all cylinders, Q3 earnings beat may drive earnings upgrades

New Delhi, Jan. 21 -- Havells' strong show in Q3 was driven by secular growth across segments and divisions. The company coming out of the lockdown has seen regular improvement in consumer sentiments ... Read More


Takes two to tango: Bajaj Auto gains in Q3 with India sales, exports both firing

New Delhi, Jan. 21 -- Bajaj Auto Ltd managed a stellar show in the December quarter, with the recovery in domestic two-wheeler sales complementing the strong momentum in exports. Domestic two-wheeler ... Read More


Moderation in US sales dampens investor confidence on Alembic Pharma

New Delhi, Jan. 20 -- Alembic Pharmaceuticals Ltd performance for the quarter ending December disappointed with US sales growth momentum taking a pause. The US sales saw a decline of 1% during the qua... Read More


Firm metal prices, rising volumes, cost controls lift Hindustan Zinc's Q3 show

MUMBAI, Jan. 20 -- Buoyed by rising prices of base metals and improved mining output, Hindustan Zinc Ltd reported a strong performance for the quarter ended December (Q3). The producer of zinc, lead, ... Read More


Investors exercise caution on steel stocks on rising input costs

MUMBAI, Jan. 19 -- A strong demand and improving realisations notwithstanding, investors have been turning cautious on steel stocks, largely because rising cost of key raw material such as iron ore an... Read More


Consumer durable firms have multiple things going for them in Q3

New Delhi, Jan. 19 -- The continued recovery in demand post the easing of lockdowns is expected to have helped the performance of consumer durables companies in Q3. Festive demand would have helped li... Read More


Rallis Q3 show lifted by good gains as export volumes see revival

New Delhi, Jan. 19 -- Rallis India Ltd., reaping benefits of buoyant agri-inputs demand in the country, posted a strong Q3 show. The normal monsoon and good winter crop sowing ensured a strong demand ... Read More


Metropolis's acquisition to fuel growth, drive leadership in southern India

MUMBAI, Jan. 18 -- Strengthening its presence in southern India, Metropolis Healthcare Ltd announced its largest buyout. The company's board of directors has approved the acquisition of Dr. Ganesan's ... Read More