Cipla, one of India’s leading pharmaceutical companies, has seen a 2% decline in its share price after the United States Food and Drug Administration (USFDA) classified a routine inspection of its manufacturing facility in Bengaluru as Voluntary Action Indicated...
Shares of Sun TV Network, a leading South Indian broadcaster, fell over 7% on February 10, following the release of the company’s disappointing third-quarter earnings. The drop in the stock price was largely driven by a series of challenges the company faced...
The telecom infrastructure sector is one of the most dynamic sectors in the world. In this sector, mergers, acquisitions, and strategic alliances are very important to shape the landscape. On February 6, 2024, Indus Towers, one of India’s leading telecom...
Bharti Airtel, a leading telecom player in India, witnessed a stupendous jump of 5% in the stock price to February 7, 2024, in the wake of its third-quarter earnings for December 31, 2023. The upside in the stock price was witnessed due to this stellar performance of...
Earnings announcements may have far-reaching implications on a company’s stock prices. Bikaji Foods is one such example where the recent third-quarter, FY25 results have dented investors’ confidence, resulting in a sharp decline of 13% in its stock price....