EAAA India Alternatives, SFC Environmental Technologies and three other companies will open public offerings next week, extending a record-breaking run of Indian share sales. Five companies are set to test India’s primary market next week with initial public offerings that…
Indian equities face a pivotal week as the Federal Reserve meeting, elevated crude prices, domestic earnings and Jio Platforms’ market debut test fragile investor sentiment. Dalal Street is heading into a crucial week, with investors balancing a heavy domestic earnings…
Augmont’s high-volume bullion model delivered a sharp rise in revenue, but a 15.29% fall in quarterly profit highlights the pressure facing a business earning just 37 paise per Rs100 of turnover. Augmont Enterprises has built a business on a simple…
Securities and Exchange Board of India chairman Tuhin Kanta Pandey says rural investors could drive the next phase of market growth, provided brokers widen products, build trust and strengthen cyber security. At an industry event in Mumbai, Securities and Exchange…
Strong earnings are supporting shares for now, but Goldman Sachs strategist Peter Oppenheimer says a faster rise in Treasury yields could leave equities exposed. Strong corporate earnings are helping equities hold up for now, but Goldman Sachs strategist Peter Oppenheimer…
Indian Hotels Company lifted its full-year revenue growth guidance after stronger occupancy, room rates, major events and renovated properties drove a better-than-expected second quarter. Indian Hotels Company delivered a stronger-than-expected second quarter, with demand from domestic travellers, large events and…
With the Nifty 50 down more than 14% from its peak, investors face a choice between continuing SIPs, phasing in fresh money or retreating to safer assets. Historical data suggests discipline matters more than trying to call the bottom. The…
HSBC has lowered its target price for Shenzhen International to HK$7.00 while retaining a Buy rating, after rising revenue was overshadowed by a HK$221 million first-half loss. HSBC has trimmed its target price for Shenzhen International Holdings, even as the…
IDFC First Bank’s second-quarter net profit rose to ₹1,045 crore as higher income, improving asset quality and ₹34,390 crore in FCNR(B) deposits strengthened its performance. IDFC First Bank reported a sharp rise in second-quarter profit on Saturday, helped by stronger…
Kotak Mahindra Bank’s second-quarter profit rose sharply on stronger fee income and loan growth, though a surge in foreign-currency deposits pushed its net interest margin lower. Kotak Mahindra Bank reported a sharp rise in second-quarter profit on Friday, helped by…
Swiggy shares plunged 15% after widening Instamart losses and weaker growth than rival Eternal intensified doubts over the quick-commerce business’s route to profitability. Swiggy shares tumbled on Friday as investors turned sharply against the company’s heavy spending on quick commerce,…
JK Cement’s second-quarter profit rose 6.3% to ₹169.3 crore as strong cement volumes and higher revenue offset pressure on operating margins, while the company advanced its north India expansion and paint-sector plans. JK Cement reported a rise in second-quarter profit…
