Veteran investor Dolly Khanna has reduced her stake in Som Distilleries and Breweries amid a turbulent quarter characterised by falling profits, licence renewal delays, and regional headwinds, raising questions over the company’s turnaround prospects. Dolly Khanna’s stake in Som Distilleries…
The Bank Nifty index is consolidating within a tight band following recent trading sessions, with traders watching key levels and derivative signals for insights into the next big move amid a backdrop of insider positioning and macro triggers. Bank Nifty…
State Bank of India has raised $500 million through a five-year bond offering targeted at global investors, marking a strong turnaround in its offshore funding strategy amid heightened demand and improved credit sentiment for Indian debt. State Bank of India…
Indian state-run lender Bank of Baroda is weighing a dollar bond sale following State Bank of India’s recent successful foreign-currency issue, signalling increased overseas borrowing amid favourable conditions and growing investor appetite. Bank of Baroda is weighing a dollar bond…
India’s merchandise trade deficit widened to a six-month high in July driven by increased oil costs, surging electronics imports, and elevated freight charges, challenging the country’s external accounts despite record exports. India’s merchandise trade deficit widened to a six-month high…
Page Industries, the Indian licensee for Jockey, sees a dip in quarterly profit despite growing sales volumes, as increased input costs and logistical challenges impact profitability. Page Industries, the Indian licensee for Jockey International, reported a weaker first quarter on…
Indian stock markets closed almost unchanged amid geopolitical uncertainties, volatile oil prices, and cautious investor sentiment influenced by external shocks and policy developments. Indian shares finished almost unchanged on Thursday as investors weighed renewed Middle East uncertainty against softer fears…
Chennai-based Lalithaa Jewellery Mart plans to go public with a ₹1,700 crore offering, highlighting strong revenue growth and an extensive presence in smaller Indian cities, signalling a key shift in India’s jewellery retail landscape. Lalithaa Jewellery Mart is set to…
CLSA’s new ‘Outperform’ rating and near-term subscription growth highlight renewed investor interest in Zee Entertainment, despite ongoing challenges in advertising revenue and profitability margins. Zee Entertainment Enterprises is back in focus after CLSA initiated coverage with an “Outperform” call and…
Bajaj Hindusthan Sugar Ltd. announced a larger consolidated loss for the June quarter, impacted by inventory accounting charges and seasonal delivery disruptions, reflecting the volatility of India’s sugar industry. Bajaj Hindusthan Sugar Ltd. reported a wider consolidated loss for the…
JSW Cement reports a significant turnaround in Q1 FY27, swinging to a ₹161 crore net profit from last year’s loss, driven by higher revenues and cost management, although margins remain under pressure amid rising operating costs and capacity expansion. JSW…
Mumbai-based One Point One Solutions reports a 129.4% surge in revenue to Rs 158.32 crore in Q1 FY27, propelled by Netcom BCC’s full inclusion and rapid growth of its AI platform ResolX, with plans for further expansion and acquisitions. One…
