Shriram Finance Ltd, the flagship company of diversified conglomerate Shriram Group, on Friday reported a 7 per cent rise in consolidated net profit to Rs 2,314 crore in the second quarter of the current fiscal. The NBFC company had posted a consolidated net profit of Rs 2,153 crore in the second quarter of the previous […]
Indian shares closed lower on Friday, with the Sensex and Nifty posting a second day of losses as investors booked gains amid mixed corporate earnings and cautious global cues, with a stronger US dollar and the Federal Reserve’s dovish stance on rate cuts denting sentiment, while heavyweights HDFC Bank and ICICI Bank came under pressure […]
Diagnostic services company Dr. Lal Path Labs on Friday announced an interim dividend of Rs 7 per equity share for the financial year 2025-26. The company also announced a 1:1 bonus issue, whereby it will pay one fully paid equity share for every fully paid equity share held by the company’s shareholders on the record […]
The Indian rupee fell on Friday but managed to stay above all-time lows thanks to periodic dollar sales by state-owned banks, which also helped the currency end the month quietly. The rupee had risen to a peak of 87.6250 earlier this month following a central bank crackdown, but has since lost those gains and is […]
According to Gautam Shah, founder of Goldilocks Premium Research, Indian markets may be on the verge of another major breakout. He believes that the Nifty is gearing up to cross the 26,200-point mark and enter a new phase of bullish momentum. Speaking to ET Now, Shah said that whenever the Nifty approaches 26,200, he hesitates […]
State-run Bharat Petroleum Corporation (BPCL) reported a 170% rise in its consolidated net profit in the September quarter to Rs 6,191 crore, compared to Rs 2,297 crore reported in the year-ago period. Revenue from operations in the quarter under review stood at Rs 1,21,605 crore compared to Rs 1,17,949 crore in Q2FY25, up 3%. The […]
Gold prices, after a massive rise to an all-time high of Rs 1,32,200 per 10 grams, have fallen almost 8% in just nine sessions to trade around Rs 1,22,100. The sharp correction has sparked widespread debate in the market, with many wondering whether the previous surge was a speculative bubble or whether there is still […]
Automaker Maruti Suzuki India on Friday announced its results for the July-September quarter of FY26, reporting a 7.9% year-on-year (year-on-year) increase in consolidated net profit to Rs 3,349 crore, compared to Rs 3,102.5 crore in the same quarter last year. The company’s revenue from operations grew 13% year-on-year to Rs 42,344.20 crore, compared to Rs […]
Bharat Electronics Ltd (BEL) on Friday reported an 18% year-on-year increase in standalone profit after tax (PAT) to Rs 1,286.13 crore for the July-September quarter of FY26, compared to Rs 1,091.27 crore in the same period last year. Navratna Defense PSU’s revenue from operations rose 25.75% year-on-year to Rs 5,763.65 crore, compared to Rs 4,583.41 […]
Japan’s Nikkei stock average climbed to a record high on Friday, posting its biggest monthly gain in three decades, while technology shares rallied after strong sales forecasts from Amazon and Apple. A weaker yen also boosted heavyweight exporters after falling to a record low against the euro and the lowest since February against the dollar […]