Indian Market

BEML Q4 Net Profit Rises 12% to Rs 288 Crore; Shares Gain Over 3% Post Results

BEML Q4 Net Profit Rises 12% to Rs 288 Crore; Shares Gain Over 3% Post Results

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 Shares Rally Over 12% After Strong Q4 Revenue Growth to Rs 533.5 Crore

Honasa Consumer Shares Rally Over 12% After Strong Q4 Revenue Growth to Rs 533.5 Crore

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 to Launch IPO for Its Travel Business Mauji Trip in FY2025-26 to Boost Growth

SBC Exports to Launch IPO for Its Travel Business Mauji Trip in FY2025-26 to Boost Growth

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

SBC Exports to Launch IPO for Its Travel Business Mauji Trip in FY2025-26 to Boost Growth Read More »

IT Sector Stocks Under Pressure as US Deficit Worries Trigger Selloff; Tech Mahindra, Infosys, TCS Decline

IT Sector Stocks Under Pressure as US Deficit Worries Trigger Selloff; Tech Mahindra, Infosys, TCS Decline

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

IT Sector Stocks Under Pressure as US Deficit Worries Trigger Selloff; Tech Mahindra, Infosys, TCS Decline Read More »

TCS Bags Rs 2,903 Crore Order from BSNL to Boost 4G Mobile Network Infrastructure Across India

TCS Bags Rs 2,903 Crore Order from BSNL to Boost 4G Mobile Network Infrastructure Across India

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

TCS Bags Rs 2,903 Crore Order from BSNL to Boost 4G Mobile Network Infrastructure Across India Read More »

DLF Aims Rs 20,000–22,000 Crore Sales in FY26; Plans Major Project Launches in Mumbai, Gurugram & Goa

DLF Aims Rs 20,000–22,000 Crore Sales in FY26; Plans Major Project Launches in Mumbai, Gurugram & Goa

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

DLF Aims Rs 20,000–22,000 Crore Sales in FY26; Plans Major Project Launches in Mumbai, Gurugram & Goa Read More »

Ashok Leyland Jumps 2 % as Board Sets May 23 Meet to Weigh Bonus Share Issue

Ashok Leyland Jumps 2 % as Board Sets May 23 Meet to Weigh Bonus Share Issue

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 »

Protean eGov Tanks 20 % After Missing Cut for Income‑Tax “PAN 2.0” Contract

Protean eGov Tanks 20 % After Missing Cut for Income‑Tax “PAN 2.0” Contract

Shares of Protean eGov Technologies plunged nearly 20 percent on Monday after the company said it was not shortlisted by the Income Tax Department (ITD) for the prestigious PAN 2.0 project. In an exchange filing, the e‑governance firm revealed that the ITD had informed it of the decision during the latest round of the request‑for‑proposal (RFP) process.

Protean eGov Tanks 20 % After Missing Cut for Income‑Tax “PAN 2.0” Contract Read More »

Bharti Airtel Sees Big Stake Sale by Singtel at Rs 1,820 per Share in Block Deal

Bharti Airtel Sees Big Stake Sale by Singtel at Rs 1,820 per Share in Block Deal

On Friday, Bharti Airtel witnessed a large block deal where 1.3% equity of the company changed hands. Around 3.1 crore shares were traded at an average price of Rs 1,820 per share, which was about 2.5% lower than the stock’s closing price on Thursday. The deal involved Singapore-based telecom company Singtel, which reduced its stake

Bharti Airtel Sees Big Stake Sale by Singtel at Rs 1,820 per Share in Block Deal Read More »

NSE Shareholders Cross 1 Lakh Mark While IPO Approval Still Awaited from SEBI

NSE Shareholders Cross 1 Lakh Mark While IPO Approval Still Awaited from SEBI

The National Stock Exchange (NSE) has crossed a major milestone as its shareholder base has now gone past the one lakh mark. This makes NSE one of the biggest unlisted companies in India in terms of the number of investors. Surprisingly, many listed companies don’t even have such a large investor base. NSE is the

NSE Shareholders Cross 1 Lakh Mark While IPO Approval Still Awaited from SEBI Read More »

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