Amara Raja Energy & Mobility reports a 16% increase in quarterly profit, propelled by strong lead acid battery sales, while its newer energy ventures show promising growth amidst ongoing challenges. Amara Raja Energy & Mobility said on Monday that consolidated…
Kwality Pharmaceuticals’ shares surged over 20% in intraday trade following a robust first quarter, with net profit more than doubling and revenue climbing significantly, signalling strong momentum in the company’s growth trajectory. Kwality Pharmaceuticals’ shares climbed sharply after the drugmaker…
Shares of Ramco Industries jumped 10% on Monday following a 31.9% rise in first-quarter net profit, driven by robust revenue and margin expansion, signalling positive market sentiment amid sustained earnings growth. Ramco Industries shares jumped sharply on Monday after the…
Shares of Bank of India declined over 2% after announcing a board meeting to consider a $1 billion overseas fundraise, highlighting banks’ intensified efforts to tap foreign markets amid a favourable macroeconomic backdrop. Bank of India’s shares fell more than…
Shares of BEML climb up to 7% amid bullish growth forecasts, expansion plans, and a growing pipeline of rail, metro, and defence projects, signalling a transformative phase for the state-run engineering firm. BEML shares rose as much as 7% on…
Pharos Energy’s shares declined following Serica Energy’s decision not to enhance its £145.7 million bid without further conditions, fueling uncertainty over the potential takeover amid broader sector concerns about energy transition and market conditions. Pharos Energy shares fell after Serica…
Despite strong revenue and profit growth in its latest quarterly update, Jeena Sikho faces investor concerns over declining margins, rising finance costs, and the quality of its earnings, prompting a cautious market response. Jeena Sikho Lifecare’s latest quarterly update has…
Gold prices have sharply risen by over 7% since August, supported by weaker dollar and optimistic forecasts from JPMorgan and UBS, amid signs of a softer US economy and geopolitcal tensions. Gold has staged a sharp recovery as the dollar…
Goldman Sachs has revised its oil outlook, forecasting Brent crude below $70 by the end of 2023 if regional strains ease, signalling a possible shift in energy markets linked to geopolitical developments and Opec supply strategies. Goldman Sachs has said…
Despite securing over Rs. 800 crore in new contracts from Power Grid Corporation, Bajel Projects’ shares remain subdued as investors await faster execution and margin improvement amid a growing order book. Bajel Projects’ shares stayed subdued even after the company…
Oswal Pumps’ profits decline sharply in FY27 despite securing substantial order pipelines, as margin pressures and rising working capital challenge its operational resilience amidst industry-wide shifts in government schemes and solar market opportunities. Oswal Pumps began FY27 under pressure, with…
Milky Mist Dairy Food set to launch its ₹1,553 crore IPO on August 11, with grey market premiums indicating a modest first-day gain amid investor anticipation for India’s potentially largest dairy offering. Milky Mist Dairy Food is due to open…
