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Time of India
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- Time of India
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Samsung recently announced its Galaxy Unpacked 2025 event will take place on July 9 in Brooklyn, New York, at 10:00 AM ET (7:30 PM IST), where the tech giant is expected to unveil its next-generation Galaxy Z Fold 7 and Galaxy Z Flip 7 smartphones featuring a revolutionary AI-powered interface. The event will be livestreamed on Samsung's website and YouTube channel. The company has now started pre-reservation for its upcoming flagship foldable smartphone series in India. Samsung Galaxy Z Fold 7, Galaxy Z Flip 7 pre-reservation starts in India Samsung has now started pre-reservation for the upcoming Galaxy Z Fold 7 and Galaxy Z Flip 7 in India. The company has announced that customers can pre-reserve the upcoming foldable smartphones by paying a token amount of Rs 2,000. The company has also revealed that the customers who will pre-reserve the smartphone will get benefit worth Rs 5,999 on the purchase. Along with this, the customers will also be eligible for early delivery. Customers can pre-reserve the devices by visiting Samsung Exclusive Stores , and leading retail outlets across India. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Trade Bitcoin & Ethereum – No Wallet Needed! IC Markets Start Now Undo What to expect at Samsung's Galaxy Unpacked July Expected product launches include the Galaxy Z Fold7, rumored to feature Samsung's largest foldable display yet at 8.2 inches, surpassing competitors. The Galaxy Z Flip7 will reportedly be powered by Samsung's newly introduced Exynos 2500 Deca-Core processor and come in jet black, blue shadow, and coral red variants. A more affordable Galaxy Z Flip 7 FE model is also anticipated. Beyond smartphones, Samsung is expected to expand its wearables portfolio with the Galaxy Watch 8 series, including standard, Classic, and Ultra 2025 models. The recently teased Galaxy Buds Core may also debut at the event. Additional announcements may include updates on Project Moohan, Samsung's collaboration with Google on extended reality headsets, and the company's rumored tri-fold smartphone development.
Economic Times
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Stock market update: Nifty Realty index advances 0.54%
(What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
Time of India
3 hours ago
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Ola Electric shares hit all-time low after 72% slide from peak; Q4 losses, weak outlook weigh on sentiment
Ola Electric shares plunged to a record low of Rs 43.16 on the NSE on Tuesday, marking a sharp 72% fall from their all-time high of Rs 157.40 on August 20, 2024 — just six days after the company debuted at Rs 75 per share. The stock has seen a consistent decline. According to exchange data, 0.8% of the company's equity changed hands in multiple block deals during the session. Earlier in June, a block deal worth Rs 731 crore saw 14.22 crore shares, or 3.23% of Ola Electric's equity, traded at an average price of Rs 51.40 per share. Hyundai Motor Company was reported to have been the seller in that transaction, according to an ET report. The stock has been under sustained pressure following Q4 earnings report. Ola Electric reported a net loss of Rs 870 crore in the March quarter of FY25, more than double the Rs 416 crore loss in the same period last year. Revenue from operations fell sharply by 62% year-on-year to Rs 611 crore, as vehicle deliveries declined to 51,375 units from 1.15 lakh units in Q4 FY24. Auto EBITDA margin deteriorated to -78.6% from -9.3% a year ago, while consolidated EBITDA margin slumped to -101.4%, impacted by higher provisioning and weak operating leverage. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Trade Bitcoin & Ethereum – No Wallet Needed! IC Markets Start Now Undo However, gross margin improved slightly to 19.2%, aided by better monetisation and a higher share of Gen-3 vehicles, which offer 20% more power and 11% lower costs than Gen-2 models. For the full fiscal year FY25, the company delivered 3.59 lakh vehicles, up from 3.29 lakh units in FY24. Adjusted revenue for the year stood at Rs 4,665 crore, and the consolidated EBITDA margin was -34.6%. Technical indicators remain weak. Ola Electric shares are trading below all major exponential moving averages and are nearing an RSI of 30 — a threshold typically considered oversold, according to Trendlyne data, as reported ET. The consensus analyst recommendation on Trendlyne is 'Hold', based on inputs from seven analysts: two 'Strong Sell', one 'Sell', two 'Hold', one 'Buy', and one 'Strong Buy'. The average 12-month price target is Rs 59, implying a potential upside of around 35% from Tuesday's closing price of Rs 43.23. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
