Hindalco’s aluminium arm Novelis reports a robust June quarter with rising EBITDA and sales, sparking optimism about its recovery, yet investor sentiment remains divided over the stock’s valuation and future growth trajectory. Novelis’ latest numbers have given Hindalco Industries fresh…
Strong quarterly earnings have bolstered small-cap and mid-cap stocks in India, with indices reaching new peaks while large-cap benchmarks remain below previous highs, signalling a potential continued rally driven by solid fundamentals. India’s small-cap and mid-cap stocks may still have…
Square Yards achieves a 66% year-on-year revenue increase to $66 million in Q1 2027, revealing resilience in its diversified property services platform as it prepares for a potential $300 million public offering. Square Yards said revenue rose 66% year on…
Titan Company reports a 30% rise in jewellery revenue and a 68% increase in profit in Q1, driven by festive demand, international growth, and higher purchase values, as it continues its expansion strategy globally. Titan Company said its jewellery business…
Bosch Limited reports a 37% drop in first-quarter profit after tax, mainly due to a one-off gain from last year, but revenue grows 22%, driven by mobility-related businesses and resilient domestic demand in India’s automotive sector. Bosch Limited reported a…
Bengaluru’s Indo-MIM posts an extraordinary debut with shares soaring 82% above issue price, reflecting investor enthusiasm and robust financial performance amid one of India’s largest industrial IPOs of the year. Indo-MIM’s strong market debut has extended into its first week…
Carborundum Universal reports a 21.2% rise in standalone sales for first quarter of FY27, driven by broad-based demand across segments, while margins face pressure from raw material inflation and geopolitical risks. Carborundum Universal said its first-quarter results for fiscal 2027…
Zee Entertainment and CEO Punit Goenka challenge a SEBI order banning them from the securities market over allegations of fraudulent land security arrangements and undisclosed related-party loans, with a tribunal hearing scheduled for August 12. Zee Entertainment Enterprises and chief…
Titan’s robust June-quarter performance, driven by a resurgence in jewellery sales and steady gains in watches and eyecare, has prompted brokerages to raise earnings estimates and reinforce its growth outlook. Titan’s strong June-quarter performance has reinforced the case for further…
With a growing preference for safer, more liquid assets, Indian households are increasing their holdings in bank deposits and cash, while direct equity flows turn negative, signalling a shift in long-term financial strategies amid geopolitical uncertainty. Indian households are increasingly…
