BlackBuck Hits Lower Circuit For 2nd Straight Session - Related to blackbuck, swiggy, results, new, hit
Awfis Shares Slump 8% Post Q3 Results
While Awfis’ shares have delivered a negative return of [website] over the last month at the current market price, it has gained [website] over the last year.
However, the stock recovered most of its losses, trading [website] lower at INR [website] at 11:30 AM. At this time, the firm’s market capitalisation stood at INR 4,[website] Cr, with a trading volume of [website] Lakh shares.
Shares of coworking space startup Awfis fell 8% to INR [website] apiece during the early trading session on the BSE today (February 12), despite a rise in net profit to INR [website] Cr in Q3 FY25 against a loss of INR [website] Cr in the year-ago quarter.
Shares of coworking space startup Awfis fell 8% to INR [website] apiece during the early trading session on the BSE today (February 12), despite a rise in net profit to INR [website] Cr in Q3 FY25 against a loss of INR [website] Cr in the year-ago quarter.
However, the stock recovered most of its losses, trading [website] lower at INR [website] at 11:30 AM. At this time, the firm’s market capitalisation stood at INR 4,[website] Cr, with a trading volume of [website] Lakh shares.
While Awfis’ shares have delivered a negative return of [website] over the last month at the current market price, it has gained [website] over the last year.
In Q3 FY25, the enterprise’s operating EBITDA surged 59% YoY to INR 107 Cr, while its EBITDA margin expanded to [website] from [website] in the year-ago quarter.
Operating revenue grew on both a year-on-year (YoY) and quarter-on-quarter (QoQ) basis. The enterprise’s revenue from operations stood at INR [website] Cr in Q3 FY25, marking a 44% YoY and 9% QoQ increase. Meanwhile, total expenses for the quarter rose 37% YoY and 10% QoQ to INR [website] Cr.
The stock’s dip aligns with the bearish sentiment in the broader market due to persistent selling pressure of FII amidst global uncertainties and escalating tariff tensions inflicted by US president Donald Trump.
Factors contributing to FII’s selling include rising US bond yields, strengthening US dollar and weakening rupee making Indian stocks less attractive to foreign investors, hence leading to large outflows. Furthermore, less-than-expected earnings from Indian companies across sectors such as consumer staples, automobiles, and building materials have compounded investor concerns.
Recovering from most of the day’s lows, benchmark equity indices BSE Sensex and Nifty 50 were trading with smaller losses of [website] and [website], at 76,[website] and 23,[website] points, respectively.
Founded in 2015 by Amit Ramani, Awfis has evolved from a coworking network into a tech-enabled workspace solutions platform, catering to freelancers, startups, SMEs, large corporates, and MNCs. Its counterpart coworking enterprise WeWork India also filed its draft paper for IPO earlier this month.
Hiccup and Toothless hit the skies in the official trailer for the live-action adaptation of How to Train Your Dragon.
BlackBuck Hits Lower Circuit For 2nd Straight Session
On February 5, the business reported a widened net loss of 145% to INR [website] Cr in the third quarter of the fiscal year 2024-25 (Q3 FY25) from INR [website] Cr in the year-ago quarter.
The stock has given a return of 23% in the last month at the current market price, while it is [website] above its listing price of INR [website] on BSE.
This marks the second straight session in which the stock has hit the lower circuit, following five consecutive days of locking in the upper circuit before yesterday.
After closing in the green for 10 of the last 11 trading sessions, shares of BlackBuck cooled off for the second consecutive day, hitting the 5% lower circuit at INR [website] on the BSE today (February 12).
This marks the second straight session in which the stock has hit the lower circuit, following five consecutive days of locking in the upper circuit before yesterday.
The stock opened at the lower circuit level, down 5% from its previous close of INR [website] per share. At this price, BlackBuck’s market capitalisation stood at INR 8,[website] Cr, though trading volume remained limited to just 1 lakh shares.
The stock has given a return of 23% in the last month at the current market price, while it is 65% above its listing price of INR [website] on BSE.
Since announcing its Q3 results on February 5, BlackBuck’s stock has surged [website] Not to mention, it remained locked in the upper circuit from February 4 to 10.
The enterprise reported a widened net loss of 145% to INR [website] Cr in the third quarter of the fiscal year 2024-25 (Q3 FY25) from INR [website] Cr in the year-ago quarter. This loss widened due to exceptional loss, incurring an IPO expense of INR [website] Cr and a share-based payment expense of INR [website] Cr in the reported quarter.
However, had it not been for these exceptional expenses, the enterprise would have given a profit of INR [website] Cr in Q3 FY25 against the net profit of [website] Cr from its continuing operations in the September quarter.
Founded in 2015 by IIT Kharagpur alumni Rajesh Yabaji and Chanakya Hridaya, along with Rama Subramaniam, BlackBuck is a B2B marketplace for inter-city full truckload (FTL) transportation. It connects truck operators with businesses with shipping requirements in real time through its tech-enabled platform.
While BlackBuck started its journey as a truck aggregator, it has since shifted its focus to selling value-added services such as FASTag, fuel cards, vehicle tracking software, subscriptions and loans.
On December 30 last year, global brokerage firm Morgan Stanley initiated coverage on Blackbuck’s parent Zinka Logistics Solutions with an ‘underweight’ rating, suggesting that its current valuation and risk-reward profile are unappealing after IPO gains. They set a target price of INR 450 per share.
The firm’s concern was that changes to the merchant discount rate (MDR) for FASTag transactions or a shift to Global Navigation Satellite System (GNSS)-based tolling could negatively affect Zinka’s profit margins and disrupt its current business model.
Although Blackbuck is investing in new areas like vehicle financing and a freight marketplace, Morgan Stanley stated that these ventures are still in the early stages of generating revenue and their ability to grow and scale is uncertain.
More importantly, the brokerage firm then believed that Zinka’s valuation was at 34 times enterprise value by EBITDA ratio for fiscal 2027, which was steep compared to its peers.
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Swiggy Shares Slip 2% To Hit A New All-Time Low
Brokerages expect a sharp deterioration in Instamart’s margin profile due to heightened competition, and higher spending on expansion.
Swiggy’s consolidated net loss ballooned over 39% to INR 799 Cr in Q3 FY25 from INR [website] Cr in the year-ago quarter.
The stock ended last trading session at INR [website] on the BSE, down 8% from the previous close and 19% from its listing price of INR 412.
Shares of Swiggy slipped over 2% in early trading hours today (February 12) to hit an all-time low of INR [website] on the BSE as the foodtech giant continued to reel under the effect of weak performance in the December quarter of the fiscal year 2024-25 (Q3 FY25).
Notably, Swiggy’s shares logged losses for the seventh consecutive session. The stock has tanked over 27% in the last 6 trading sessions, ending in the red at all times.
The stock ended last trading session at INR [website] on the BSE, down 8% from the previous close and 19% from its listing price of INR 412.
Swiggy’s consolidated net loss ballooned over 39% to INR 799 Cr in Q3 FY25 from INR [website] Cr in the year-ago quarter. Meanwhile, its quick commerce arm Instamart raked in a loss of INR [website] Cr, up 70% YoY from INR [website] Cr.
Brokerages expect a sharp deterioration in Instamart’s margin profile due to heightened competition, and higher spending on expansion.
Despite the rise in its loss, the enterprise mentioned that it recorded a higher year-on-year (YoY) growth across all three of its B2C verticals – food delivery, Instamart and out-of-home consumption.
In its shareholders’ letter, Swiggy noted that the average monthly transacting people (MTU) of Swiggy grew [website] YoY to [website] Mn.
Swiggy also undertook several experiments with its quick commerce play during the quarter as it launched its 10-minute food delivery app Snacc in the past few months. The corporation is now looking to expand into new categories within quick commerce and plans to expand product offerings, expressed Majety.
Notably, Swiggy’s operating revenue increased nearly 31% to INR 3,[website] Cr during the quarter under review from INR 3,[website] Cr in Q3 FY24. On a quarter-on-quarter (QoQ) basis, it rose [website] from INR 3,[website] Cr.
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Bhatia presented on LinkedIn that she is.
Market Impact Analysis
Market Growth Trend
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|
| 12.0% | 14.4% | 15.2% | 16.8% | 17.8% | 18.3% | 18.5% |
Quarterly Growth Rate
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 |
|---|---|---|---|
| 16.8% | 17.5% | 18.2% | 18.5% |
Market Segments and Growth Drivers
| Segment | Market Share | Growth Rate |
|---|---|---|
| Digital Transformation | 31% | 22.5% |
| IoT Solutions | 24% | 19.8% |
| Blockchain | 13% | 24.9% |
| AR/VR Applications | 18% | 29.5% |
| Other Innovations | 14% | 15.7% |
Technology Maturity Curve
Different technologies within the ecosystem are at varying stages of maturity:
Competitive Landscape Analysis
| Company | Market Share |
|---|---|
| Amazon Web Services | 16.3% |
| Microsoft Azure | 14.7% |
| Google Cloud | 9.8% |
| IBM Digital | 8.5% |
| Salesforce | 7.9% |
Future Outlook and Predictions
The Shares Awfis Slump landscape is evolving rapidly, driven by technological advancements, changing threat vectors, and shifting business requirements. Based on current trends and expert analyses, we can anticipate several significant developments across different time horizons:
Year-by-Year Technology Evolution
Based on current trajectory and expert analyses, we can project the following development timeline:
Technology Maturity Curve
Different technologies within the ecosystem are at varying stages of maturity, influencing adoption timelines and investment priorities:
Innovation Trigger
- Generative AI for specialized domains
- Blockchain for supply chain verification
Peak of Inflated Expectations
- Digital twins for business processes
- Quantum-resistant cryptography
Trough of Disillusionment
- Consumer AR/VR applications
- General-purpose blockchain
Slope of Enlightenment
- AI-driven analytics
- Edge computing
Plateau of Productivity
- Cloud infrastructure
- Mobile applications
Technology Evolution Timeline
- Technology adoption accelerating across industries
- digital transformation initiatives becoming mainstream
- Significant transformation of business processes through advanced technologies
- new digital business models emerging
- Fundamental shifts in how technology integrates with business and society
- emergence of new technology paradigms
Expert Perspectives
Leading experts in the digital innovation sector provide diverse perspectives on how the landscape will evolve over the coming years:
"Technology transformation will continue to accelerate, creating both challenges and opportunities."
— Industry Expert
"Organizations must balance innovation with practical implementation to achieve meaningful results."
— Technology Analyst
"The most successful adopters will focus on business outcomes rather than technology for its own sake."
— Research Director
Areas of Expert Consensus
- Acceleration of Innovation: The pace of technological evolution will continue to increase
- Practical Integration: Focus will shift from proof-of-concept to operational deployment
- Human-Technology Partnership: Most effective implementations will optimize human-machine collaboration
- Regulatory Influence: Regulatory frameworks will increasingly shape technology development
Short-Term Outlook (1-2 Years)
In the immediate future, organizations will focus on implementing and optimizing currently available technologies to address pressing digital innovation challenges:
- Technology adoption accelerating across industries
- digital transformation initiatives becoming mainstream
These developments will be characterized by incremental improvements to existing frameworks rather than revolutionary changes, with emphasis on practical deployment and measurable outcomes.
Mid-Term Outlook (3-5 Years)
As technologies mature and organizations adapt, more substantial transformations will emerge in how security is approached and implemented:
- Significant transformation of business processes through advanced technologies
- new digital business models emerging
This period will see significant changes in security architecture and operational models, with increasing automation and integration between previously siloed security functions. Organizations will shift from reactive to proactive security postures.
Long-Term Outlook (5+ Years)
Looking further ahead, more fundamental shifts will reshape how cybersecurity is conceptualized and implemented across digital ecosystems:
- Fundamental shifts in how technology integrates with business and society
- emergence of new technology paradigms
These long-term developments will likely require significant technical breakthroughs, new regulatory frameworks, and evolution in how organizations approach security as a fundamental business function rather than a technical discipline.
Key Risk Factors and Uncertainties
Several critical factors could significantly impact the trajectory of digital innovation evolution:
Organizations should monitor these factors closely and develop contingency strategies to mitigate potential negative impacts on technology implementation timelines.
Alternative Future Scenarios
The evolution of technology can follow different paths depending on various factors including regulatory developments, investment trends, technological breakthroughs, and market adoption. We analyze three potential scenarios:
Optimistic Scenario
Rapid adoption of advanced technologies with significant business impact
Key Drivers: Supportive regulatory environment, significant research breakthroughs, strong market incentives, and rapid user adoption.
Probability: 25-30%
Base Case Scenario
Measured implementation with incremental improvements
Key Drivers: Balanced regulatory approach, steady technological progress, and selective implementation based on clear ROI.
Probability: 50-60%
Conservative Scenario
Technical and organizational barriers limiting effective adoption
Key Drivers: Restrictive regulations, technical limitations, implementation challenges, and risk-averse organizational cultures.
Probability: 15-20%
Scenario Comparison Matrix
| Factor | Optimistic | Base Case | Conservative |
|---|---|---|---|
| Implementation Timeline | Accelerated | Steady | Delayed |
| Market Adoption | Widespread | Selective | Limited |
| Technology Evolution | Rapid | Progressive | Incremental |
| Regulatory Environment | Supportive | Balanced | Restrictive |
| Business Impact | Transformative | Significant | Modest |
Transformational Impact
Technology becoming increasingly embedded in all aspects of business operations. This evolution will necessitate significant changes in organizational structures, talent development, and strategic planning processes.
The convergence of multiple technological trends—including artificial intelligence, quantum computing, and ubiquitous connectivity—will create both unprecedented security challenges and innovative defensive capabilities.
Implementation Challenges
Technical complexity and organizational readiness remain key challenges. Organizations will need to develop comprehensive change management strategies to successfully navigate these transitions.
Regulatory uncertainty, particularly around emerging technologies like AI in security applications, will require flexible security architectures that can adapt to evolving compliance requirements.
Key Innovations to Watch
Artificial intelligence, distributed systems, and automation technologies leading innovation. Organizations should monitor these developments closely to maintain competitive advantages and effective security postures.
Strategic investments in research partnerships, technology pilots, and talent development will position forward-thinking organizations to leverage these innovations early in their development cycle.
Technical Glossary
Key technical terms and definitions to help understand the technologies discussed in this article.
Understanding the following technical concepts is essential for grasping the full implications of the security threats and defensive measures discussed in this article. These definitions provide context for both technical and non-technical readers.
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