Investors await the allotment results after strong demand for Technocraft Ventures’ Rs 251.88 crore IPO, which was subscribed nearly 39 times, with listing scheduled for August 14. Investors in Technocraft Ventures’ initial public offering are expected to learn their allotment…
EIH Limited announced significant revenue growth in its Q1 FY27 earnings, driven by higher room rates and domestic demand, despite facing margin pressures from rising costs and operational factors. EIH Limited said on its first-quarter FY27 earnings call that revenue…
India’s Nifty-gold ratio has fallen to its lowest in years, suggesting a possible turnaround in equities amid gold’s recent surge, historical patterns indicate a potential rebound for Indian stocks if investor sentiment improves. India’s stock market may be approaching a…
Shares of Kirloskar Industries climbed over 3% on Wednesday, bucking the trend of declining profits, as investors focus on underlying revenues and the company’s diversified portfolio amid exceptional charges related to recent mergers. Kirloskar Industries’ shares climbed as much as…
Indian equities declined on Wednesday amid rising oil prices and a sharp sell-off in Tata Group shares, with investors cautious ahead of upcoming inflation data in India and the US, amid global tensions and internal sector pressures. Indian equities slipped…
Indian eyewear retailer Lenskart reports a 273% surge in quarterly profit for Q1 FY27, driven by rapid store expansion, growing overseas demand, and AI-powered operations, as the company aims to reach 1 billion customers globally. Lenskart reported a sharp rise…
The Indian rupee edged higher against the dollar on Monday, buoyed by state-run bank dollar sales and ongoing RBI efforts, as traders await key inflation figures in India and the US amid geopolitical tensions and oil price fluctuations. The Indian…
Tirupati Foam Limited reports a modest rise in net profit for June quarter, maintaining steady growth with a focus on internal audit continuity amid tight margins. Tirupati Foam Limited has approved its unaudited standalone results for the quarter ended June…
While India’s leading cement firms face the same market challenges, UltraTech Cement’s focus on scaling, energy efficiency, and selective investment sets it apart, revealing a sector split between resilience and caution amid rising costs and geopolitical uncertainties. India’s biggest cement…
Indian shares fell on Wednesday as investors assessed surging crude oil prices, geopolitical tensions in the Middle East, and weakening Tata Group stocks, with cautious trading ahead of inflation data in India and the US. Indian shares slipped on Wednesday…
Lokesh Machines reports a rise in standalone net profit to ₹10m in Q1, amid warnings from SEBI on the high risks faced by retail traders in derivatives markets, where most incur losses and pay heavy costs. Lokesh Machines said its…
Indian shares lost momentum on Wednesday following a surge in crude oil prices towards $90 a barrel, as renewed tensions in the Middle East sparked uncertainty and impacted investor confidence, leading to a decline in major indices. Indian shares lost…
