Page Industries profit dips 3.5% but brokerages stay bullish on FY27
Page Industries, the Indian licensee of Jockey and Speedo, reported a 3.5% decline in net profit for the June quarter to Rs 193 crore from Rs 200 crore a year ago. Revenue…
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Godrej Consumer shares crash 10% after CEO resigns
Godrej Consumer Products shares plunged 10% to a 52-week low of Rs 922.50 on Wednesday after CEO and MD Sudhir Sitapati resigned suddenly, just days after being reappointed for a five-year term.…
M&M auto segment set for gains despite Q1 margin miss
Mahindra & Mahindra's Q1FY27 operating profit missed estimates as gross margins fell, yet the auto segment is poised for near-term gains, rediff.com reports. Revenue rose 23 per cent year-on-year, with auto revenue…
Three brokerages favour ICICI Bank among six Indian stocks
Morgan Stanley, HSBC and Bank of America have converged on six Indian stocks, according to NDTV Profit. The list includes ICICI Bank, Bajaj Finance, Larsen & Toubro, Titan, Hindalco and Lenskart. ICICI…
