Tag: growth
BEL reports 50% jump in Q1 net profit, stock surges 4%
Bharat Electronics Ltd., a Navratna defence PSU, saw a significant increase in its net profit for the first quarter of the financial year. The company reported a 46% year-on-year growth in net profit, reaching...
Airtel Africa Q1FY25: $31M Net Profit with Reduced Finance Costs
Bharti Airtel's Africa business saw a significant improvement in its financial performance in the first quarter of FY25, with a net profit of $31 million compared to a net loss of $151 million in...
Sterling Falls as Market Uncertainty Surrounds Reeves’ Budget – Action Forex
Sterling experienced a significant drop overnight following the announcement of Chancellor Rachel Reeves' new budget. The currency's decline was accompanied by a decrease in 10-year government bond prices and the FTSE. Critics of the...
ECB President Lagarde Happy with Inflation Progress, Monitoring Growth Impact – Action Forex
At an event held today, ECB President Christine Lagarde shared her satisfaction with the current inflation levels, noting that the central bank is pleased that inflation has dropped below the 2% target. Despite this...
Impact of the Paris Olympics on 5 Companies: Analysis and Insights
The 2024 Summer Olympics are currently taking place in and around Paris until August 11. This event is not only a time for sports fans to support their countries' athletes but also has significant...
Philips Second-Quarter Sales Jump 10.5% Despite China Weakness
Shares of Dutch technology company Philips saw a significant increase of over 10.5% in early trading on Monday following the release of their second-quarter earnings report. Even though sales in China experienced a decline,...
BREAKING NEWS
Elanco’s Growth Outlook: 6 Blockbusters Drive Solid Performance
Elanco Animal Health is on track for significant growth with the expectation of launching six potential blockbusters between 2023-2025. These new products are projected...
