Sunny Agrawal of SBI Securities highlights Axis Bank, ICICI Bank, and HDFC Bank as top large-cap picks amid a broader shift towards select mid-sized lenders like Karur Vysya and Ujjivan in the evolving banking landscape. Sunny Agrawal of SBI Securities…
Despite a slight easing in July, India’s wholesale inflation is expected to stay high into FY27 due to persistent global and domestic price pressures, with limited impact on consumer inflation prospects. India’s wholesale inflation is expected to stay high into…
State Bank of India’s latest outlook affirms India’s position as one of the world’s fastest-growing economies, driven by strong credit demand, record capital inflows, and resilient corporate earnings, despite contrasting projections from other analysts. State Bank of India’s economic research…
Page Industries reports a 7.9% revenue increase in Q1 amid resilient demand for innerwear and apparel, while managing cost pressures and supply chain issues with strategic product launches and operational enhancements. Page Industries said first-quarter revenue rose 7.9% from a…
Fiem Industries reports its strongest first quarter yet, boosted by surging demand from India’s two-wheeler sector and strategic push into electric vehicle lighting, amid cautious outlook for four-wheelers. Fiem Industries reported a record first quarter, lifted by strong demand from…
While several small-cap mutual funds posted impressive one-year returns, experts emphasise the significance of longer-term performance history to gauge true resilience amid volatility. Small-cap mutual funds delivered a strong run over the past year, but the headline numbers deserve a…
Bernstein raises target price for One97 Communications amid speculation that India may reintroduce merchant discounts on UPI transactions, potentially boosting Paytm’s revenue streams and margins by FY30. Bernstein has turned more positive on One97 Communications, the parent of Paytm, lifting…
Russia supplied a record 50.83% of India’s crude oil imports in July, highlighting a significant shift in supplier preferences driven by economics and geopolitics despite ongoing G7 price-cap rules. Russia supplied a record share of India’s crude oil imports in…
GTV Engineering has announced a 2-for-1 bonus share issue, backed by robust quarterly profits and a recent restatement of its year-end disclosures, subject to shareholder approval. GTV Engineering has proposed a 2-for-1 bonus share issue as it reported a sharp…
Skyways Air Services, a key player in India’s cargo sector, is set to raise ₹583 crore through its upcoming IPO, spotlighting its expanding air freight business and strategic debt reduction plans. Skyways Air Services is moving ahead with a stock…
Rathi Steel and Power reports a substantial increase in first-quarter FY27 profit driven by higher volumes and an improved product mix, amidst a mixed industry backdrop influenced by volatile energy costs and fluctuating steel prices. Rathi Steel and Power said…
Gold prices hit their highest since early June, boosted by traders scaling back rate hike expectations and renewed ETF inflows, signalling a shift in investor sentiment amid US monetary policy uncertainty. Gold has climbed to its highest level since early…
