Latest Updates Around The World
For investors in Stallion India Fluorochemicals, the past few months have been a dizzying experience. The Mumbai-based company’s shares soared more than 500% between mid-May and mid-October before plunging sharply, losing nearly half their value in a brutal correction that saw ten consecutive lower circuits. After weeks of relentless selling, the stock is finally showing […]
Shares of Rail Vikas Nigam Ltd (RVNL) fell 3.13% in early trade to hit a low of Rs 307.75 on the BSE on Wednesday, November 12, after the company reported a 19.7% year-on-year (YoY) decline in consolidated profit after tax (PAT) for the second quarter of FY26. PAT stood at Rs 230 crore in Q2FY26, […]
Digital payments company Pine Labs will today finalize share allotment for its Rs 3,890 crore IPO after a muted response from investors. The stock will list on both the BSE and NSE on Friday, with the gray market premium (GMP) now standing at around Rs 1, or about 0.45% above the issue price, indicating subdued […]
The markets witnessed a volatile session on the weekly expiration day but ultimately ended in the green, extending Monday’s recovery. Technically, analysts say the Nifty has regained its short-term moving average, the 20-DEMA, around 25,600. Staying above this level could open the door for a move towards 25,800-26,000, while any weakness below could lead to […]
Treasuries rose across the curve as cash trading resumed after private sector data showed the U.S. job market cooling, raising expectations of a Federal Reserve rate cut.The 10-year yield fell four basis points to 4.08% after employment data from ADP Research showed U.S. companies shed an average of 11,250 jobs per week in the four […]
Biocon Group on Tuesday reported a 20% year-on-year increase in operating revenues in the second quarter of FY26 to Rs 4,296 crore, driven by robust growth in biosimilars, improved momentum in generics and steady contribution from the CRDMO segment.EBITDA grew 29% to Rs 928 crore, while net profit for the period stood at Rs 85 […]
The Reserve Bank of India (RBI) has allowed money market participants to pledge municipal bonds for borrowing in the overnight market under repo operations (Repo), the regulator said on Tuesday.Unlisted companies holding government securities will also be considered eligible participants for repo transactions, the RBI said. “Eligible participants include all unlisted companies having special securities […]
The Indian market ended higher on Tuesday, with the Sensex and Nifty paring early losses, as optimism over a possible trade breakthrough with Washington and the reopening of the US government boosted sentiment. Gains were capped by weakness in financial stocks after Bajaj Finance cut its asset growth forecast and volatility rose ahead of the […]
Welspun Enterprises on Tuesday said it has seen consolidated net profit rise 59 per cent to Rs 98.08 crore in the September quarter of FY26, helped by lower costs, and the company plans to raise Rs 1,000 crore to fund the growth.The company had posted a net profit of Rs 61.56 crore in the September […]
PC Jeweler Ltd on Tuesday reported a 17 per cent rise in consolidated net profit to Rs 209.54 crore for the quarter ended September.Net profit stood at Rs 178.88 crore in the year-ago period. Total income grew 63 percent to Rs 894.93 crore in the second quarter of this fiscal, compared to Rs 548.54 crore […]
