IndusInd Bank’s shares Drop 18% After 39% YoY Decline in Q2 Profits: Should You Buy, Sell, or Hold?

IndusInd Bank’s shares Drop 18% After 39% YoY Decline in Q2 Profits: Should You Buy, Sell, or Hold?

IndusInd Bank’s shares experienced a sharp decline of 18% following the announcement of a 39% year-on-year (YoY) drop in its Q2 profits. This news has created significant concern among investors, raising the question: Is this a buying opportunity, or should investors consider selling or holding their position? Let’s dive into the details and key insights … Read more

KPIT Technologies Shares Tumble 9% After Q2 Results and QIP Announcement

KPIT Technologies Shares Tumble 9% After Q2 Results and QIP Announcement

KPIT Technologies, a major player in the automotive and mobility software sector, witnessed its shares plunge by 9% on Monday after releasing its Q2 FY24 results and announcing a Qualified Institutional Placement (QIP) issue. The market reacted negatively to the mixed earnings report and concerns over potential equity dilution due to the QIP. Q2 Results … Read more

Mazagon Dock Shipbuilders’ Shares Tumble Over 8% Ahead of Crucial Stock Split Decision

Mazagon Dock Shipbuilders' Shares Tumble Over 8% Ahead of Crucial Stock Split Decision

Mazagon Dock Shipbuilders (MDL) is currently under market scrutiny as its shares dropped by over 5% ahead of an important board meeting scheduled for October 22, 2024. This meeting is expected to focus on two key topics: a potential stock split and the declaration of an interim dividend for the financial year 2024-25. The outcome … Read more