India’s securities regulator confirms the integrity of the new closing auction mechanism designed to enhance transparency and align with global standards, as participation from mutual funds increases despite concerns over liquidity during the phased rollout. India’s markets regulator says it…
Sun TV Network reports a 16% rise in profit after tax and a 13% revenue increase for the June quarter, leading to an interim dividend of ₹5 per share, signalling strong recovery and investor appeal. Sun TV Network has declared…
Apollo Hospitals reports a 36% rise in quarterly net profit to ₹529 crore, announces a final dividend of ₹10 per share, and reappoints founder-chairman Prathap C Reddy, signalling strong growth and strategic stability. Apollo Hospitals Enterprise is handing shareholders another…
Nuvama maintains a buy rating on Godrej Consumer Products, citing strong international performance, domestic market-share gains, and expansion into new categories, despite near-term margin pressures and leadership changes. Nuvama has kept a buy call on Godrej Consumer Products even after…
GuruFocus’ latest valuation models present conflicting views on Infosys, highlighting the complexities and uncertainties in assessing the Indian IT giant’s true worth amid divergent earnings and cash flow estimates. Infosys is drawing a mixed verdict from valuation models, with GuruFocus’…
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…
