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Reliance industries shares surge 5% on strong Q3 profit boosted by retail growth

Reliance Industries shares rise nearly 5%, poised for best week in six months after beating profit estimates due to strong retail performance

Reliance Industries' shares increased by about 5% on Friday, setting the stage for its greatest week in six months. The company's retail division, which had hampered the stock's performance in 2024, helped it surpass quarterly earnings projections.(REUTERS/Dado Ruvic)
Published on Jan 17, 2025 01:01 PM IST
Reuters |

Infosys shares plunge 6% despite beating Q3 estimates, analysts raise concerns

Infosys shares dropped nearly 6% despite beating Q3 estimates, raising concerns about earnings quality

Despite exceeding third-quarter result projections, shares of India's No. 2 IT company, Infosys, dropped about 6% on Friday as analysts expressed scepticism about the calibre of results.(AFP/Idrees MOHAMMED)
Published on Jan 17, 2025 11:40 AM IST
Reuters |

DMart operator Avenue Supermarts shares rise over 10% after revenue surges 17.5%

However, international brokerages Macquarie and Morgan Stanley maintained a bearish views on the stock

Macquarie's main concern for DMart was competition from quick commerce.(dmartindia.com)
Published on Jan 03, 2025 03:37 PM IST

Fans divided after reports say Virat Kohli will replace Rohit Sharma as captain

Netizens are divided over reports on Virat Kohli's potential return as captain for India's final Test against Australia, amid Rohit Sharma's uncertain future.

Fans prefer Jasprit Bumrah over Virat Kohli as the next captain of the Indian cricket team
Published on Jan 02, 2025 04:26 PM IST
BySamarth Goyal

Indian shares set to open higher as investors await earnings season

Indian shares expected to open slightly higher on Friday, with analysts predicting limited movement due to a lack of major triggers

As the year draws to a close, analysts anticipate that Indian equities will begin slightly higher on Friday and that the benchmarks will see gradual movements in the absence of significant catalysts.(Bloomberg/representational)
Published on Dec 27, 2024 08:39 AM IST
Reuters |
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