Arvind Ltd reports a 25% rise in quarterly revenue driven by record denim volumes and strong demand in advanced materials, signalling a robust recovery and growth outlook amid ongoing capacity expansions and strategic acquisitions. Arvind Ltd reported a sharp rise…
Small- and mid-cap mutual funds now account for almost 30% of India’s active equity folios, as retail investors seek higher growth in a rally driven by small and mid-cap stock outperformance, raising both opportunities and concerns over liquidity and risk.…
Yatra Online reports a nuanced start to the new fiscal year, with a 17% rise in gross bookings amid declining revenues, as the company prioritises high-margin segments and expands its corporate client base amidst geopolitical challenges. Yatra Online reported a…
Lenskart reduces its marketing expenditure in India to 4.8% of revenue amid a surge in sales, store openings, and profitability, signalling a shift towards brand strength and digital influence ahead of its IPO. Lenskart has sharply reduced the share of…
Arvind Limited’s latest earnings call highlights ongoing strategic priorities amid a significant quarter, while Arvind Fashions reports revenue growth but a dip in profit after tax, signalling nuanced group performance as management prepares for the new financial year. Arvind Limited’s…
India’s markets regulator aims to broaden access to private market investments by proposing a new eligible investor category based on securities-market assets, potentially increasing the pool from 96,000 to over 3.7 lakh investors. India’s markets regulator has proposed a new…
State-owned NBCC temporarily hits a day’s high on the NSE following a significant project win for the Ladakh border, alongside robust June-quarter financial results and strategic expansions, including plans for a real estate investment trust. NBCC shares briefly climbed to…
India’s newly introduced closing auction session is stabilising as traders become familiar with the process, narrowing the gap between early market close and final price discovery, and aligning with global benchmark practices. India’s new closing auction session is beginning to…
Shares of Indraprastha Gas declined sharply after the company reported a significant drop in first-quarter profit and margins, even as sales volumes continued to grow, highlighting rising costs and ongoing regulatory disputes. Indraprastha Gas shares fell on Thursday after the…
Sidley Austin advised Jefferies on the expanded ₹1,700 crore qualified institutions placement for Belrise Industries, reflecting robust investor interest following a successful stock market debut and previous funding rounds. Sidley Austin advised Jefferies on a qualified institutions placement of Belrise…
India’s retail inflation rose to 4.45% in July, the highest in 19 months, challenging the Reserve Bank of India’s efforts to keep prices in check amid persistent food and services price pressures. India’s retail inflation edged higher in July, reinforcing…
Godrej Consumer’s stock fell sharply following the resignation of CEO Sudhir Sitapati, highlighting investor concerns over strategy and continuity amid broader operational pressures in the sector. Godrej Consumer Products’ sharp share-price reaction to Sudhir Sitapati’s resignation was less about a…
