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Strait of Hormuz shipping grinds to a halt ahead of U.S.-Iran ceasefire expiry●Highlights of the Outlook for Economic Activity and Prices (July 2026)●China's industrial output slows in July, retail sales miss forecasts●Nigerian stocks show healthy market correction as smart money seeks bargain entry●Indian Oil Giant Secures U.S. License to Return to Venezuela●Rains in Caracas leave three dead and destroy tents housing earthquake survivors●BSE shares tumble 5% after Jefferies downgrades stock to Underperform. Here’s why●Baazar Style Retail shares hit 5% upper circuit on reports of Aditya Halwasia buying company shares worth ₹163 crore●Strait of Hormuz shipping grinds to a halt ahead of U.S.-Iran ceasefire expiry●Highlights of the Outlook for Economic Activity and Prices (July 2026)●China's industrial output slows in July, retail sales miss forecasts●Nigerian stocks show healthy market correction as smart money seeks bargain entry●Indian Oil Giant Secures U.S. License to Return to Venezuela●Rains in Caracas leave three dead and destroy tents housing earthquake survivors●BSE shares tumble 5% after Jefferies downgrades stock to Underperform. Here’s why●Baazar Style Retail shares hit 5% upper circuit on reports of Aditya Halwasia buying company shares worth ₹163 crore●

Asia

Schneider Electric Infrastructure shares tumble 12% after Q1 profit plunges 70% YoY

Markets-Economic Times · 1h ago · 🇮🇳 India

Schneider Electric Infrastructure shares tumble 12% after Q1 profit plunges 70% YoY

Schneider Electric Infrastructure shares fell sharply on Monday after Q1FY27 net profit plunged 70% YoY to Rs 12 crore despite a 5% rise in revenue. EBIT also declined sharply, while record quarterly order intake of Rs 915 crore and a 32.7% rise in order backlog offered some comfort.

Read the full story at Markets-Economic Times →

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