Gold prices surged over 1% in Asian trading, reaching a seven-week high amid softer oil prices, declining inflation concerns, and shifting market sentiment on geopolitical risks. Investors await US labour data with expectations of higher gold prices ahead. Gold extended…
India is on course to exceed its ₹80,000 crore fundraising goal through state-run company stake sales, buoyed by the largest LIC divestment in years and promising progress on IDBI Bank stake sale, amid ongoing fiscal pressures. India is on track…
State Bank of India shares rose 3.5% on Friday following a stronger-than-expected June quarter performance, with net profit surpassing analyst expectations and asset quality improving, signalling resilience amid market uncertainties. State Bank of India shares rose 3.5% on Friday after…
Mumbai-based Lupin Ltd reported a 16% increase in quarterly profit, driven by robust sales across its key markets, especially the US, signalling strong start to the financial year amid broad-based growth. Lupin Ltd has started the financial year with a…
Investors anticipate varied quarterly results with Kaynes Technology expected to report strong growth amid concerns over margins, while Inox Wind, Titan, and Oil India face challenges or cautious outlooks ahead of earnings announcements. Kaynes Technology, Inox Wind, Titan and Oil…
The Indian rupee trades little changed as investors await the US July jobs data, which could influence Federal Reserve decisions and impact currency movements amid global economic uncertainties. The Indian rupee traded little changed on Friday as markets waited for…
Premier Energies shares rose in Friday trading following a robust quarterly report, with net profit soaring 50.4% and revenue increasing by 35.3%, signalling continued investor confidence amid strong operational performance. Premier Energies rose in Friday’s trade after the solar module…
S4 Capital’s latest results reveal a sharp decline in revenue as client spending pivots towards AI infrastructure, yet the company reports improved profitability and ongoing debt reduction amidst market volatility. S4 Capital’s latest results underline how sharply the digital advertising…
NextTrade, South Korea’s alternative trading platform, will temporarily ban limit-up and limit-down orders in pre-market trading from August 12 to curb sharp price distortions caused by low liquidity and order errors, as it prepares to introduce a new volatility interruption…
Metropolis Healthcare plans to achieve 14-15% revenue growth in FY27 primarily through higher patient volumes and operational efficiencies, avoiding near-term price increases. The company expects margins to improve and is expanding specialised testing and wellness services to support growth. Metropolis…
Indian pharmaceutical company Biocon forecasts a stronger second half of fiscal 2027 as its latest biosimilar and generic launches in the US begin to impact sales, supported by regulatory wins and new product approvals. Biocon said it expects a much…
Britannia Industries’ shares rose sharply following strong June-quarter financials, with revenue crossing Rs 5,000 crore and profit growth supporting the rally amid a challenging year for the stock. Britannia Industries shares rose sharply after the packaged-food maker reported stronger-than-expected June-quarter…
