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Blue Dart Express shares jumped 13% to Rs 6,249 after the logistics major reported a 29.5% YoY rise in Q2 net profit to Rs 81 crore, driven by higher shipment volumes and improved efficiency. Revenue rose 7% to Rs 1,549.3 crore, while EBITDA grew 15.6%, with margins expanding to 16.3% from 15.1% last year.
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News and Media
Shares of JSW Steel rose over 3% to Rs 1,224 after the company reported a 307% YoY surge in Q2 profit to Rs 1,646 crore, driven by higher volumes and lower input costs. Adjusted EBITDA jumped 39% YoY, while exports nearly doubled. Despite strong operational performance, InCred maintained a Reduce rating, citing stretched valuations and leverage concerns.
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Suzlon Energy shares jumped 4.5% after appointing Rahul Jain as CFO from December 15 2025. His two-decade finance experience is expected to strengthen the companys leadership and strategic growth.
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News and Media
Dhananjay Sinha of Systematix Group sees positive sentiment driving PSU banks, fueled by news of dilution and FII participation, despite recent lacklustre profit performance. He views the metals sector as a trading play, influenced by global dynamics and financial correlations, rather than a structural investment, citing weak underlying demand.
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News and Media
Sebi has proposed a significant overhaul of mutual fund fee structures, aiming to simplify rules, enhance transparency, and reduce investor costs. Key changes include removing an additional 5 basis points charge and tightening brokerage limits, with public comments invited until November 17.
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News and Media
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