Wealthtech unicorn Groww has taken its first big step toward launching an Initial Public Offering (IPO) by confidentially filing draft papers with SEBI under the regulator’s pre-filing mechanism. This move allows Groww to get feedback from SEBI without making its IPO details public at this stage. Groww’s parent company, Billionbrains Garage Ventures Ltd, submitted the […]
Shares of Paytm rose nearly 2 percent in early trade on May 26 after the company received a major relief from the Supreme Court regarding a GST dispute. In a stock exchange filing dated May 24, Paytm informed that the apex court has stayed a Rs 5,712 crore GST show cause notice issued to its
BEML Ltd announced strong financial results for the March 2025 quarter, with its net profit rising by nearly 12 percent to Rs 288 crore. This is a clear improvement compared to Rs 256.8 crore in the same quarter last year. The company also reported a healthy growth in revenue from operations, which climbed over 9
BEML Q4 Net Profit Rises 12% to Rs 288 Crore; Shares Gain Over 3% Post Results Read More »
Honasa Consumer Ltd., the parent company of Mamaearth, saw its shares jump sharply by over 12 percent on May 24, after posting a healthy revenue growth in the March 2025 quarter. The stock surged to an intraday high of Rs 314 on NSE, recording a gain of 14.12 percent, after opening with a 3.58 percent
Honasa Consumer Shares Rally Over 12% After Strong Q4 Revenue Growth to Rs 533.5 Crore Read More »
SBC Exports, a well-known garments manufacturer and exporter, has announced its plans to bring an Initial Public Offering (IPO) for its travel and tourism subsidiary Mauji Trip Ltd during the current financial year 2025-26. The company said the detailed information regarding the IPO, including the issue size and other terms, will be shared once all
Shares of Indian IT companies fell sharply on May 22 as global investors reacted to rising concerns over the United States’ fiscal deficit. The Nifty IT index slipped nearly 1.4 percent in early trade, as selling pressure from Wall Street spilled into Indian markets. Investors are closely watching US lawmakers, who are currently working on
India’s top IT services company Tata Consultancy Services (TCS) has received a new purchase order worth Rs 2,903 crore from BSNL to support the expansion of its 4G mobile network. This new order is an add-on to an earlier Advance Purchase Order (APO) and includes complete support for planning, engineering, supply, installation, testing, and annual
Real estate giant DLF Limited has set a sales target of Rs 20,000–22,000 crore for the financial year 2025-26. The announcement was made by the company’s senior executives during an analyst call on May 20. DLF plans to keep its sales in line with its record-breaking performance in FY25, where it registered all-time high sales
Shares of MobiKwik came under pressure in Tuesday’s trade after the fintech company reported a sharp rise in net loss for the fourth quarter of FY25. The company posted a net loss of ₹56.03 crore in Q4FY25, compared to just ₹67 lakh in the same quarter last year, marking an 83-fold increase in loss. Quarter-on-quarter,
Shares of Ashok Leyland closed 2.3 percent higher at ₹242.80 on Monday after the commercial‑vehicle giant said its board will meet on Friday, 23 May to consider issuing bonus shares alongside the release of fourth‑quarter and full‑year FY25 results. In an exchange filing, directors stated that they will consider stand-alone and consolidated audited FY25 financial statements and, “subject to
Ashok Leyland Jumps 2 % as Board Sets May 23 Meet to Weigh Bonus Share Issue Read More »
