Revenue rose 15% and occupancy improved in the July-September quarter, but exceptional items helped cut net profit to ₹41.07 crore. The hotel operator plans to expand its portfolio by 1,669 rooms. SAMHI Hospitality reported a sharp drop in quarterly profit…
India’s largest lender by assets reported a 14% rise in net profit and record net interest income, while treasury and foreign exchange losses weighed on other income. State Bank of India has posted another strong quarterly set of results, with…
Record leasing and rising demand from global capability centres are bolstering office owners, with Knowledge Realty Trust considering growth in Chennai, Gurugram and Pune. India’s office market is showing renewed strength, with demand being led by global capability centres and…
The record run of net short positions signals lasting caution, but exchange data cannot distinguish outright bearish bets from hedges against large equity portfolios. Foreign institutional investors have remained net short Nifty index futures for more than 300 consecutive trading…
Overseas investors withdrew Rs 34,843 crore from Indian equities in October, extending a sharp sell-off for a second month, despite a late-week buying rebound that helped the Nifty regain 23,000. Foreign portfolio investors pulled Rs 34,843 crore from Indian equities…
The Hyderabad-based group’s revenue from operations rose to ₹345.1 crore, while profit attributable to shareholders climbed 50.7% year on year to ₹89.5 crore. Zen Technologies reported a sharp rise in quarterly profit and revenue for the three months to 30…
The Mumbai developer’s consolidated net profit dropped to ₹23.06 crore in the September quarter, despite higher income, as expenses rose sharply. Suraj Estate Developers reported a sharp drop in quarterly profit even as income rose, after higher costs squeezed margins…
Investors face a busy week from 2 to 6 November, with ex-dates for payouts from Infosys, Asian Paints and Coal India alongside a bonus issue, rights issues, stock splits and REIT and InvIT distributions. Several Indian listed companies are due…
The Nifty 50 and Sensex posted weekly gains as overseas investors returned and earnings supported sentiment, while Brent near $117 a barrel and cautious central banks kept risks in focus. Indian equities ended the week on firmer footing, with the…
The Mumbai retailer increased quarterly revenue by 22% and added 27 fashion outlets, though analysts say store openings remain a bigger growth driver than stronger sales at existing locations. Trent reported stronger September-quarter results, with profit rising as the Mumbai-based…
Four funds held 783 companies between them, but only 43 generated the gains that helped them beat the Nifty Smallcap 250. The analysis highlights why allocation size can matter as much as picking winners. The most useful question in investing…
The refiner said cargo prices varied sharply during the September quarter as spot purchases, freight, crude grade and supply geography shaped costs. Russian oil made up about 55% of its basket in the first half of the financial year. Indian…
