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IBM shares suffered a record 25% plunge after weak earnings guidance, as AI infrastructure spending, delayed software purchases, mainframe setbacks, and execution issues sparked investor concerns.
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Kusumgar shares debuted nearly 37% above their IPO price and extended gains in early trade after a heavily oversubscribed public issue. While analysts remain positive on the company’s long-term prospects in engineered fabrics and defence, they advise investors to book partial profits and hold the remaining position with disciplined stop-losses.
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…