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Ideaforge shares fell over 7% after the drone maker posted a weak Q1FY26, with a net loss of Rs 23.5 crore and an 85% YoY revenue drop. Despite a defence order win, analyst sentiment remains negative, with a Sell rating and 24% downside target.
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News and Media
Markets are reacting positively to the US-Japan tariff deal, particularly the Nikkei. Investors were overly pessimistic, and the agreement, involving significant Japanese investment in the US, is viewed as a win-win. The auto sector secured 15% tariffs, better than anticipated, setting a precedent for other economies to negotiate similar deals with the US in exchange for direct investment.
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News and Media
Having done a trade deal with US President Donald Trump, Japan's prime minister will soon announce his resignation, reports said Wednesday, after his latest election debacle left his coalition without a majority now in both houses of parliament. The reports said Shigeru Ishiba had conveyed his intention to step down to those close to him, following the announcement Wednesday of a US-Japan trade deal.
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News and Media
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