Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
IndiaMart's share price has plummeted significantly following downgrades by brokerage firms. Despite the company reporting a 95% year-over-year increase in net profit to Rs 135 crore for the September quarter, its shares fell by as much as 18% to Rs 2,466.80 on the BSE. The decline is attributed to slower growth in new subscriptions and collections. The market reaction highlights concerns over the company's near-term outlook, with shares tanking 16% after Q2 results.
#MarketsWithBS | Shares of shipbuilding companies were under pressure, falling up to 10% on #BSE in Tuesday’s intra-day trade amid growth concerns. #markets #sharemarket #StockMarket #buzzingstocks https://t.co/daZOY6if5N
#MarketsWithBS | #SupremeIndustries shares tanked up to 10% at Rs 4,479.65 per share on #BSE after the company delivered muted quarterly earnings for the #Q2FY25 #markets #sharemarket #stockmarketsindia https://t.co/KFQW6UTrXp
#MarketsWithBS | #JanaSmallFinance shares plunged 10.8% in Tuesday's trade on the #BSE after the company reported a dip of 21% in PAT in #Q2FY25 #markets #sharemarket #StockMarket #buzzingstocks https://t.co/KO7leUkcTJ
