Shares of Bharat Heavy Electricals (BHEL) recently scaled a fresh 52-week high, but brokerages believe the rally may not be over yet after the Maharatna PSU posted a strong set of Q1FY27 results last week. The company on Thursday reported a consolidated net profit of nearly Rs 377 crore for the April-June quarter, compared with…
Shares of VA Tech Wabag gained 4% during Monday’s trading session, rising to Rs 2,072, after the water technology company announced a major order win from the Bangalore Water Supply and Sewerage Board (BWSSB) for the development of two energy-efficient wastewater treatment facilities in Bengaluru. The company informed the exchanges that it secured a “Large”…
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South Korean shares fell nearly 5% on Monday, triggering market-wide trading curbs as investors unwound AI-linked trades, extending a bruising correction that has wiped out more than a quarter of the KOSPI‘s value since its June peak. The selloff highlighted mounting investor anxiety over a market increasingly driven by leveraged bets on AI chipmakers. Once…
Gold Can Make Up For Lost Time, Though Risks Remain
Shares of Yes Bank declined 4% to Rs 22.70 on the BSE on Monday even after the private lender reported a standalone net profit of Rs 1,070.99 crore for the April-June quarter of FY27, a 34% year-on-year (YoY) rise from Rs 801.07 crore posted in the corresponding quarter of the previous financial year. Yes Bank…
Wendell Huang, chief financial officer of Taiwan Semiconductor Manufacturing Co. (TSMC), during a news conference in Taipei, Taiwan, on Thursday, July 16, 2026. Bloomberg | Bloomberg | Getty Images TSMC is racing to accelerate capacity at its Arizona factory as the company continues to see a “multi-year demand mega trend” from its customers, Chief Financial…
Key insight: The Fed, FDIC and OCC promised banks notice within 72 hours of a compromise of their confidential supervisory information. Expert quote: Julie Andersen Hill, dean of the University of Wyoming College of Law, said banks “will not be able to sue to enforce the document,” and that the pledge’s only real force is…
European Chemical Earnings to Test Demand Recovery After Temporary Pricing Boost European Chemical Sector Faces Uncertain Recovery Amid Temporary Pricing Support By Ozan Ergenay and Bartosz Dabrowski July 20 (Reuters) – European chemical companies are expected to report second-quarter results reflecting temporary support from Middle East conflict-related supply disruptions, though investors are increasingly focused on…
TSMC expects ’strong, multi-year’ demand for AI chips as it ramps up Arizona investment