Vesuvius India Shines 77% Rise In Q1 Net Profit, Shares Surge 20%
On Thursday, Vesuvius India Limited shares were up by 20% after it stated a 77.5% increase in net profit YoY for the June quarter. The...
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Bajaj Finserv Q1 Net Profit Rose 48%, Shares Up 1%
On July 27, Bajaj Finserv reported 48.4% YoY growth in net profit at Rs 1,942.6 crore for the quarter ended June 2023, versus Rs 1,309...
Tech Mahindra Q1 Net Profit Down 38%, Shares Slips 2%
Tech Mahindra’s revenue fell by 4% to $1600.7 mn (Rs 13,159 crore) in a quarter that has been a washout among all the large IT...
Jio Financial and BlackRock to Join Hands to Form Asset Management JV
The demerged financial lending arm of the Reliance conglomerate, Jio Financial Services Limited (JFS) and BlackRock, the world’s largest asset manager, have joined hands to...
M&M to Buy 3.53% Stake in RBL Bank Worth Rs 417 Crore
On July 26, Mahindra & Mahindra (M&M) confirmed that it had developed a stake of 3.53% in private lender RBL Bank for Rs 417 crore....
Netweb Technologies Debuts at 88% Premium over IPO Price
On Thursday, Netweb Technologies started the first-day trade with a massive 88% premium, mainly on anticipated lines, given the substantial IPO subscription numbers and the...
Cipla Zooms Amid Robust Q1 Earnings, Shares Rose 9%
Cipla shares zoomed 9% in early morning trade after the business’s earnings for the April-June period exceeded the Street’s expectations. Numerous brokerages raised their price...
Stocks Under F&O Ban: Delta Corp, Sun TV Network, and RBL Bank
Under the futures and options (F&O) segment, three stocks were banned from trade on Wednesday, July 27, by the National Stock Exchange (NSE). The securities...
Stocks in Focus: RIL, RBNL, Mahindra & Mahindra, and Others
In the early opening hours on Thursday, the GIFT Nifty futures were trading flat-to-positive, indicating an opening in the green for domestic indices. The benchmark...
Mumbai-based Suraj Estate Developers Refiles Papers with SEBI for Rs 400 Crore IPO
Mumbai-based real estate player Suraj Estate Developers refiled its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise...