Textile manufacturer Borana Weaves Ltd has fixed the price band for its upcoming initial public offering (IPO) at Rs 205 to Rs 216 per share. The IPO will open for public subscription on May 20 and close on May 22. Anchor bidding will take place a day earlier, on May 19. The IPO is a […]
Borana Weaves IPO to Open on May 20 with Price Band Set at Rs 205–216 Per Share Read More »
Coromandel International and FSN E-Commerce Ventures (Nykaa) will be added to the MSCI Global Standard Index as part of MSCI’s semi-annual index review. These changes will come into effect after market hours on May 30, 2025. This inclusion is expected to bring strong passive inflows into both companies. Experts estimate that Coromandel may attract $227
MSCI Index Rebalancing: Coromandel and Nykaa to Join Global Standard Index From May 30 Read More »
India has decided to take strong action against the United States at the World Trade Organization (WTO) by proposing retaliatory duties. This is in response to high tariffs placed by the US on Indian steel and aluminium exports. According to WTO documents, India said that the US safeguard measures have affected Indian exports worth $7.6
Electric scooter maker Ather Energy reduced its net loss to ₹234.4 crore in the fourth quarter of FY25, helped by strong sales of its new family scooter model ‘Rizta’. In the same quarter last year, the company had posted a loss of ₹283.3 crore. Ather’s revenue from operations went up by 29 percent year-on-year, reaching
Ather Energy Cuts Q4 Loss to Rs 234 Crore, Revenue Jumps 29% on Strong Rizta Demand Read More »
Shares of Srigee DLM made a strong debut on the BSE SME platform on May 12, listing at ₹188.10 per share. This is 90 percent higher than the IPO issue price of ₹99, showing strong investor interest. Before listing, the company’s unlisted shares were already trading at a grey market premium of around 45 percent.
Srigee DLM Lists with 90% Premium on BSE SME After Massive IPO Demand Read More »
Zee Entertainment Enterprises Ltd (ZEEL) reported a strong jump in its Q4 profit for the financial year ending March 2025. The company posted a consolidated net profit of ₹188 crore, which is a massive 1,300 percent increase compared to ₹13.4 crore in the same quarter last year. The company’s total income in the March quarter
Zee Entertainment Q4 Profit Surges to ₹188 Crore, Announces ₹2.43 Dividend Per Share Read More »
Larsen & Toubro (L&T), one of India’s biggest engineering and construction companies, posted strong earnings for the fourth quarter of FY25. The company reported a consolidated net profit of ₹5,497 crore, which is 25 percent higher than the ₹4,396 crore profit it had in the same quarter last year. This profit was better than what
Larsen & Toubro Q4 Net Profit Jumps 25% to ₹5,497 Crore, Beats Market Estimates Read More »
Tata Motors shares rose nearly 3 percent on May 8 after strong global cues supported by trade developments involving the UK. According to reports, US President Donald Trump is likely to announce a trade deal with Britain, which could benefit Jaguar Land Rover (JLR), the luxury car brand owned by Tata Motors. The New York
Tata Motors Shares Gain After Reports of Likely US-UK Trade Deal and FTA with India Read More »
Defence-related stocks may remain in focus after India launched a strong counter-terror operation named Operation Sindoor. The Indian Air Force (IAF) carried out precise strikes on nine terror camps across the Line of Control (LoC) early Wednesday. These actions were taken as a pre-emptive step following rising border tensions and recent terror attacks. The targeted
Exide Industries, a leading battery maker in India, is now in advanced talks with two top two-wheeler companies and one three-wheeler manufacturer to supply batteries. This was confirmed during the company’s investor call held on May 6. Soon after the news came out, Exide shares went up by 2 percent. The company also shared updates
Exide Industries in Final Talks with EV Makers to Boost Battery Production in India Read More »
