Stock Market

Adani Ports & Special Economic Zone consolidated net profit rises 47.78% in the March 2025 quarter

Adani Ports & Special Economic Zone: Sales rise 23.08% to Rs 8488.44 croreNet profit of Adani Ports & Special Economic Zone rose 47.78% to Rs 3014.22 crore in the quarter ended March 2025 as against Rs 2039.66 crore during the previous quarter ended March 2024. Sales rose 23.08% to Rs 8488.44 crore in the quarter ended March 2025 as against Rs 6896.50 crore during the previous quarter ended March 2024.

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Stock Market

Shriram Finance stock tanks 15% in 2 sessions

Shares of Shriram Finance have tumbled nearly 15 per cent in the last 2 sessions after the company reported a muted set of performance in the March 2025 quarter, missing the street’s estimates. Brokeragefirms have cut their estimates and target prices, with some analysts downgrading the stock. However, majority of them remain positive on the stock.

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IndusInd Bank shares in focus after clarification on Rs 600 crore EY audit

IndusInd Bank shares in focus after clarification on Rs 600 crore EY audit

Shares of IndusInd Bank Ltd are in focus on Wednesday morning after the private bank said it is not engaged with accounting firm Ernst & Young (EY) for a forensic audit as reported in a news report earlier. Instead, the lender insisted it is engaged with EY as a part of the process of finalisation of accounts by the bank’s Internal Audit Department (IAD). The private lender admitted it is conducting a review of the bank’s MFI business to examine “certain concerns” that have been brought to the bank’s attention.

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