CMS Info Systems reports an 11% drop in net profit for June quarter due to currency supply disruptions, but highlights record services revenue and new business wins amid ongoing push for technological enhancement. CMS Info Systems reported an 11% fall…
India’s introduction of a new closing auction system aims to improve price discovery but has experienced initial swings and volatility, highlighting the challenges of implementing phased market reforms. India’s new closing auction system has had a bumpy start, but market…
Milky Mist Dairy Food has secured approximately ₹465 crore from anchor investors ahead of its planned IPO, signalling robust institutional interest and a potential market leadership in India’s dairy sector. Milky Mist Dairy Food has raised about ₹465 crore from…
A new wave of investor eagerness for leveraged Exchange-Traded Funds, driven by AI hype and social trading, risks amplifying market volatility and losses, especially among less experienced traders unfamiliar with these products’ pitfalls. For years, stock markets have been sold…
Warren Buffett has cautioned that market enthusiasm for IPOs and artificial intelligence companies is fostering a gambler-like mindset among investors, risking volatile swings and misjudged risks. Warren Buffett has again warned that markets are rewarding speculation more than discipline, arguing…
Yatharth Hospital & Trauma Care Services reported a robust first quarter for FY27, with profit and revenue surging amid ongoing expansion and acquisitions, even as profit margins slightly narrowed. Yatharth Hospital & Trauma Care Services Limited reported a stronger first…
Itaú BBA has raised its recommendation on independent oil producer Prio to ‘buy’, citing an attractive risk-reward profile amid a share price pullback and a more optimistic macroeconomic outlook for the Brazilian oil industry. Itaú BBA has raised its recommendation…
Godawari Power and Ispat forecasts a stronger second half of the financial year as new initiatives, including a battery storage system, a cold rolling mill, and expanded mining, set to drive revenue and margins upward amid near-term challenges. Godawari Power…
Milky Mist Dairy Foods prepares for a major stock market debut, leveraging its rapid expansion and strong market share to reach a valuation of over ₹10,700 crore, marking a milestone for the family-owned business that evolved from a local dairy…
Oswal Pumps aims for 20% to 25% revenue growth in FY27, with a focus on execution, capacity expansion, and diversified markets amid a slower rollout of government schemes and a turbulent demand environment. Oswal Pumps said it is targeting 20%…
TVS Supply Chain Solutions begins FY27 with record order wins and accelerated profit growth, signalling a strong recovery and strategic expansion in Indian and global markets. TVS Supply Chain Solutions said it began FY27 with stronger business momentum, even as…
Brokerage remains optimistic on Godrej Consumer Products after a broadly in-line quarter, highlighting strong sales momentum and ongoing execution despite rising input costs and raw material pressures. Brokerage commentary on Godrej Consumer Products has stayed constructive after the household goods…
