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CIE Automotive banks on India as Europe business falters
Stock Market

CIE Automotive banks on India as Europe business falters

CIE Automotive India Ltd is struggling with a slowdown in its Europe business, which is adding pressure to overall profitability. Consolidated Ebitda margin fell 43

Smallcap, Midcap profit growth falters for second straight quarter; valuations still elevated despite market correction
Stock Market

Smallcap, Midcap profit growth falters for second straight quarter; valuations still elevated despite market correction

Small-cap and mid-cap (SMID) companies, which outpaced large caps in profitability for most of FY24, have now entered their second consecutive quarter of underperformance, according