AI and advanced analytics company Fractal Analytics expects profit margins to improve further post-IPO, supported by rising license-driven revenues, operating leverage and strong demand from healthcare and consumer sectors, its co-founders said in an interaction with ET Now. Margins increase as licensing revenues increase Responding to a question on its profitability prospects, co-founder Pranay Agrawal […]
AI and advanced analytics company Fractal Analytics expects profit margins to improve further post-IPO, supported by rising license-driven revenues, operating leverage and strong demand from healthcare and consumer sectors, its co-founders said in an interaction with ET Now. Margins increase as licensing revenues increase Responding to a question on its profitability prospects, co-founder Pranay Agrawal […]
The Indian rupee’s rate was little changed on Monday as usual dollar demand offset inflows, keeping the currency largely within range at the start of the week.The rupee moved in a narrow band of 10 paise to end at 90.65 against the previous close of 90.6350. The rupee had risen earlier this month, supported by […]
PNGS Reva Diamond Jewelery will open its IPO on February 24, with the company setting a price band of Rs 367 to Rs 386 per equity share of face value of Rs 10. The three-day issue will close on February 26. Investors can bid for a minimum of 32 shares and then in multiples of […]
The Delhi High Court on Monday dismissed a petition challenging the no-objection certificate issued by capital markets regulator Sebi for the proposed IPO of the National Stock Exchange. This removes a legal hurdle in the exchange’s long-delayed listing plans.Justice Jasmeet Singh dismissed the plea filed by former judicial officer KC Aggarwal, noting that the petition […]
Indian markets broke their losing streak on Monday, supported by gains in the financial sector and energy stocks, with added strength from the pharmaceutical and healthcare sectors. The Nifty ended a two-session decline to close at 25,682.75, up 211.65 points or 0.83%, while the 30-share BSE Sensex recovered after three straight declines to end at […]
According to Motilal Oswal, Indian markets appear poised for better performance in CY26, especially after the sharp underperformance of around 26% in USD versus MSCI EM in CY25. The brokerage believes that the earnings environment is stabilizing and macro conditions are turning supportive following a series of monetary and fiscal measures by the RBI and […]
Japanese shares fell on Monday after weaker-than-expected economic data and a post-election lull limited price movements.The Nikkei 225 Index fell 0.2% to 56,806.41, while the broader Topix fell 0.8% to 3,787.38. Preliminary gross domestic product (GDP) data from October to December showed Japan’s economy missed economists’ average forecast due to softer capital spending, although it […]
Dalal Street is entering a busy phase of the IPO lock-in expiration, with a significant portion of pre-listing restrictions on shareholders set to be lifted in the next three months. According to estimates from Nuvama Alternative & Quantitative Research, as many as 85 companies will see their lock-ins expire between February 16 and May 27, […]
The latest earnings season has seen broad-based growth across multiple sectors, although market sentiment remains cautious, especially in mid-cap and small-cap stocks. Metals and oil and gas have boosted corporate profits, but fundamentals outside the commodities sector have also held up.Commodity-based profit growth Commenting on the theme, Gautam Duggad of Motilal Oswal said, “Metals and […]