Ashok Leyland Exceeds Profit Expectations with Strong Export Growth
India’s Ashok Leyland (ASOK.NS) reported a stronger-than-expected third-quarter profit on Wednesday, driven by a significant rise in exports that offset weak domestic demand for its trucks and buses. Shares of the Hinduja Group flagship company surged by 4.4% following the…
Jio Financial Services Q3 2025 Results: Stock Movements and Insights Ahead of Earnings Release
Jio Financial Services, a major player in India’s non-banking finance sector and owned by billionaire Mukesh Ambani, is all set to announce its third-quarter earnings for the financial year 2025. As anticipation builds ahead of the results, Jio Finance shares…
US Stock Market Rises as Producer Inflation Eases: Key Updates from January 14, 2025
January 14, 2025, proved to be a promising day for US stocks, with major indices reflecting strong upward movements. The Dow Jones Industrial Average rose 0.16%, while the S&P 500 and Nasdaq Composite posted gains of 0.39% and 0.63%, respectively….
Indian Railway Finance Corporation (IRFC) Sees Strong Growth After Leasing Deal with NTPC
On January 16, 2025, shares of Indian Railway Finance Corporation (IRFC) surged by 2.55%, reaching Rs 141, following the announcement of a pivotal lease agreement with NTPC. This agreement involves financing eight BOBR (Bogie Open Bottom Rapid) rakes valued at…
SEBI Acts Against Pacheli Industrial Finance After Unprecedented Surge in Stock Price
The Securities and Exchange Board of India (SEBI) has taken regulatory action against Pacheli Industrial Finance, an SME listed company, after its stock price spiked by an astonishing 372% in a short period. The rapid surge led to the company’s…