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GLOBAL STOCKS NEWS
Stock sinks 50%, profit dives 76%: Can Prince Pipes’ Rs 70 crore Bihar push spark a revival?
July 17, 2025 8:30 am
In FY25, Prince Pipes reported a 76% decline in PAT, revenue fell by 2% to Rs 2,524 crore, and EBITDA margin halved to 6% from 12% last year. But the company has been expanding capacity, entering new segments like bathware, and doubling down on higher-margin products like CPVC pipes. The question now is: can the strategic moves turn Prince Pipes into a more diversified growth story or does this downturn signal deeper structural headwinds?
Markets brush off weak US jobs report
January 11, 2014 2:40 am
The stimulus has been one of the major props to stocks over the past few years.
Global Stocks fall on US results
October 19, 2012 9:42 pm
The euro was last down 0.3 percent at $1.3029 after falling as low as $1.3018.
Global stocks plunge on rattled investors
June 04, 2012 7:21 pm
Stock markets worldwide were awash in red today.
Greek crisis rattle US,euro zone markets
May 15, 2012 1:23 am
Global stocks slid and the euro hit a four-month low on worries about a potential exit by Greece from the euro zone
Economic data boosts global stocks
January 03, 2012 4:54 pm
Resilience in manufacturing and a surprise drop in German unemployment lifted global stocks.
Global stocks,euro rally on crisis hopes
October 15, 2011 11:49 am
The euro rose 0.8 percent to $1.3881.
Investors spooked,global stocks slump
September 23, 2011 6:08 pm
risk-averse investors seemed little enthused by assurances from global leaders.
Asian stocks,dollar struggle at Aug-end
August 31, 2011 1:09 pm
World stocks rose for the fourth session in a row on Wednesday.
Global stocks slide anew
August 20, 2011 11:08 am
Equity markets slid anew and gold set a second-straight record high on Friday.
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