Apollo Tyres reports a significant jump in net profit to ₹348.87 crore for June quarter, buoyed by strong demand and a low comparison base, despite a recent board shuffle and ongoing economic worries. Apollo Tyres reported a sharp rise in…
Sterlite Technologies reports a significant jump in quarterly revenue, a record order book and a strategic shift towards higher-value data centre and AI-focused solutions, boosting its growth outlook and margin targets for FY27. Sterlite Technologies has drawn fresh attention after…
Hemas Holdings PLC sustains nearly flat revenue in Q1 FY27 despite rising costs, with a focus on margin recovery and strategic business segmentation amid global and local economic pressures. Hemas Holdings PLC held revenue broadly steady in the first quarter…
India’s stock indices continue to show a widening gap as traders adapt to a new closing auction system, highlighting ongoing adjustments amid market volatility and evolving price discovery practices. India’s benchmark stock indices extended their split for a fourth straight…
Crompton Greaves Consumer Electricals reports a strong first quarter, signalling a broad-based recovery driven by demand across main categories, improved profitability, and strategic expansion into renewable consumer offerings amid a revitalised market position. Crompton Greaves Consumer Electricals said its first…
India’s leading wine producer, Sula Vineyards, sees its first-quarter profit slump as operating margins contract even with a modest revenue rise, highlighting ongoing profitability challenges despite expanding wine tourism. Sula Vineyards said its first-quarter profit fell sharply as softer operating…
The introduction of SEBI’s new Closing Auction Session system is steadily reducing the disparity between Nifty’s regular close and its post-auction settlement, signalling a shift towards more transparent and reliable price discovery methods in India’s equities market. The gap between…
Allcargo Logistics has announced its strongest quarterly performance in FY27, with record revenue, EBITDA growth, and strategic use of artificial intelligence, signalling a disruptive shift in India’s logistics sector amid rising demand from diverse industries. Allcargo Logistics has reported its…
Biocon anticipates a more dynamic second half of fiscal 2027 driven by new biosimilar launches in the US and regulatory improvements, signalling a positive outlook for the company’s biosimilar pipeline. Biocon expects its business to gather pace in the second…
Mutual fund houses in India are set to roll out a wave of specialised investment options following recent regulatory amendments by SEBI, signalling a strategic shift towards diversification and targeted fund offerings. Mutual fund houses in India are preparing a…
Shiprocket trims its IPO size by 31%, reflecting a cautious approach in India’s evolving market environment, while pioneering biodegradable sanitary pads highlight product-led solutions to social and infrastructure challenges. Shiprocket has trimmed the size of its initial public offering by…
Britannia Industries reports a 14% rise in quarterly net profit, navigating higher transportation and fuel costs driven by West Asia tensions through strategic price adjustments and volume growth, as the company prepares for further price hikes to sustain margins. Britannia…
