News Overview

At 3.0%, the US consumer inflation is a full 100 bps above the Fed target of 2.0%, reducing further rate cut hopes

The IIP growth for December was subdued at 3.22%, but previous revisions have been a mixed bag

While food inflation is perceptibly lower in January 2025, there has been a rebound in core inflation

A look at what stocks the Big-10 Mutual Fund Houses are buying and selling in January 2025

On a consolidated basis, revenue rose 6.7% YoY to ₹2.40 lakh crore, up from ₹2.25 lakh crore in the corresponding quarter last year.

Here are some of the stocks that may see significant price movement today: Paytm, Bank of Baroda, Kalpataru Project, etc.

EBITDA came in at ₹100.1 crore down 9.6% YoY compared to ₹110.7 crore reflecting operating margin pressure.

Shilpa Medicare said it has completed Phase 3 trials for SMLNUD07 – Nor Ursodeoxycholic Acid (Nor UDCA) tablets in 165 NAFLD patients in India.

EBITDA margin improved to 11.2% vs. 9.7% last year, reflecting better cost management and higher profitability.

So far, the firm had invested about $5 million on pre-development work for a 484 MW wind farm in Mannar and Pooneryn and on the development of Sri Lanka’s 220 KV and 400 KV transmission network.