LIC’s increased focus on non-participating policies and higher-margin products, alongside improved persistency and distribution strength, could bolster its profit outlook despite market headwinds and regulatory adjustments. Life Insurance Corporation of India is showing a clearer tilt towards higher-value products, a…
State-run Oil India reports a significant rise in first-quarter profit driven by increased crude production and a surge in Numaligarh Refinery’s earnings, highlighting a resilient, yet uneven, energy landscape in India. State-run Oil India posted a sharp rise in first-quarter…
Sundrop Brands reports a 15% year-on-year revenue increase in Q1 FY27, driven by strong growth across core and e-commerce segments, as the company aims to double EBITDA margins within three years through operational synergies and strategic integration. Sundrop Brands said…
Samvardhana Motherson International continues its rally amid robust earnings, a record-breaking order book, and expanding non-auto businesses, boosting investor confidence and broker forecasts for sustained growth. Samvardhana Motherson International extended its recent rally on Friday, rising more than 9% to…
Kewal Kiran Clothing Ltd reports steady first quarter growth with a 19% revenue increase, strong margins, and ongoing brand diversification amidst market challenges and strategic retail expansion. Kewal Kiran Clothing Ltd said its first quarter of FY27 was marked by…
Vikram Solar reports a 38% jump in revenue for the June quarter, but a sharp decline in margins and profits due to rising production costs highlights the volatility in solar manufacturing economics. Vikram Solar said its consolidated revenue rose sharply…
India’s government has swiftly executed its largest secondary share sale in LIC, signalling an intensified push to leverage capital markets for public finance rebuilding amid broader state asset divestments and foreign investment in the insurance sector. India’s latest stake sale…
SPR Auto Technologies, formerly known as Shriram Pistons & Rings, is transforming from a piston specialist into a comprehensive automotive supplier, leveraging acquisitions to diversify into EV motors, cabin systems, and interior components, aiming to better serve OEMs in India’s…
India’s recent surge in corporate investment focuses heavily on digital infrastructure such as data centres and AI, while domestic consumer spending remains subdued, signalling a capital-intensive growth phase ahead. India’s latest wave of corporate investment is being shaped less by…
Power Finance Corporation reports marginal growth in net profit for June quarter, announces higher interim dividend, as its proposed merger with REC Ltd. advances through regulatory approvals, signalling strategic consolidation in Indian state-owned finance sector. Power Finance Corporation Ltd said…
