Apollo Tyres reported strong growth in revenue and a sharp recovery in net profit in Q1FY27, but a fall in EBITDA margin shows that higher costs continued to pressure core operations.
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Apollo Tyres reported strong growth in revenue and a sharp recovery in net profit in Q1FY27, but a fall in EBITDA margin shows that higher costs continued to pressure core operations.
Stronger earnings and hopes of UPI MDR have driven the rally, but regulation, competition and valuation risks could test its next move.
Alibaba Group Holding Ltd raised HK$80 billion ($10.2 billion) be sale of 710 million shares at HK$112.7 each. The price was at a discount of 3.6% to the closing price of Alibaba's American depositary receipts on Friday and 8.4% below the Hong Kong close.
Under the article, vessels belonging to countries permitted to use the strait will be required to pay fees for services provided by Iran.
Motilal Oswal said Zero License and tokenomics emerged as the two most interesting and differentiated themes among the six pillars presented by Hexware in its Investors Day.
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The GIFT Nifty, an early indicator ofNifty 50's performance, traded 70 points higher at 24,359, after the Nifty 50 and Sensex ended last week lower for the second week in a row.
Gold price stood at Rs 1,62,810 per 10gm while silver was at Rs 2,47,540 per kg on Aug. 24. Check city-wise gold and silver rates
Asian markets traded mixed as investors focus on the US' plan for fresh economic sanctions against Iran. Crude oil prices fell, while gold rate held on to gains.
The remarks came hours before US Treasury Secretary Scott Bessent's press conference to detail 'economic' sanctions against Tehran.