Shares of several BSE 500 companies surged to fresh records on Thursday, led by financial institutions and auto manufacturers, highlighting broad market strength and bullish investor sentiment amid growth in key sectors. Shares across several pockets of the BSE 500…
India’s gold monetisation scheme could undergo a major overhaul, offering jewellers incentives to promote the programme and increase the circulation of idle household gold, potentially transforming the sector and improving liquidity. India’s Gold Monetisation Scheme could be headed for a…
Trent reports a 22% quarterly profit increase as it accelerates store growth in smaller Indian cities, offsetting rising costs amid supply chain concerns. Trent reported a 22% rise in quarterly profit on Thursday as the Tata Group retailer’s push into…
The Indian stock market closed mixed on Thursday, with gains led by banking and oil and gas shares, despite weakness in technology and auto sectors, amid optimism over Middle East tensions easing and strong quarterly results. Indian equities finished Thursday…
Noida-based engineering firm Technocraft Ventures prepares for its initial public offering, attracting mixed brokerage recommendations amid a solid order book and recent revenue growth, with shares trading at a premium in the grey market. Technocraft Ventures is set to open…
Bullion markets surged on Thursday as easing tensions in West Asia and softer interest rate pressures prompted traders to push gold and silver prices towards recent peaks, signalling a potential shift in safe-haven demand. Gold and silver futures firmed on…
Berger Paints India reports a significant rebound in its first-quarter results, with revenue and net profit surpassing initial estimates amid robust demand and product launches, despite rising input costs and geopolitical risks. Berger Paints India said on Wednesday that its…
Leap India’s ₹2,480-crore initial public offering opens on August 7, with grey market sentiment hinting at a modest first-day rise, reflecting cautious optimism ahead of listing. LEAP India’s ₹2,480-crore initial public offering will open for subscription on August 7, with…
Despite strong quarterly results, analyst opinions diverge on PB Fintech’s valuation and growth prospects, with some favouring traditional insurers for steadier returns amid regulatory uncertainties. PB Fintech has emerged from its latest quarter with a strong set of numbers, but…
Goldman Sachs’ upgrade of Hindustan Aeronautics Ltd. to ‘buy’ and increased target price have reignited investor interest, highlighting increased confidence in India’s defence manufacturing growth amid operational improvements and strategic partnerships. Hindustan Aeronautics Ltd. drew fresh investor attention after Goldman…
