Ambit Capital has initiated coverage on the Indian wires and cables sector with a bullish stance, spotlighting major players such as Polycab India, KEI Industries, RR Kabel, and Havells India. The firm has issued a ‘buy’ rating for all four
In a landmark move to restore competition in the digital advertising industry, the U.S. Department of Justice (DOJ) has proposed that Google divest two of its most significant ad tech products—AdX and DoubleClick for Publishers (DFP). This follows a federal
Shares of Housing & Urban Development Corporation Ltd (HUDCO) slipped over 4.5% during Wednesday’s afternoon trading session following the release of its Q4 earnings and final dividend declaration. The stock dropped to Rs 208 on the BSE, down from the previous close of Rs 217.90. During the session, 7.05 lakh
MRF Ltd reported an impressive 32.99% year-on-year (YoY) growth in its consolidated net profit for the January–March 2025 quarter, with earnings reaching ₹492.74 crore compared to ₹370.52 crore in the same period last year. This strong performance underscores the company’s
Crude oil prices have plummeted over the past few days, with benchmarks struggling to stay above the $60 per barrel mark. On Tuesday, prices hovered just over $60, following Monday’s settlement at the lowest level since February 2021. While this
Polycab India Ltd witnessed a notable uptick in its stock price following the release of its fourth-quarter earnings. The shares rose by 2.32% to ₹5,942 on Tuesday, up from the previous close of ₹5,798.90. A total of 0.64 lakh shares
