Shares of Easy Trip Planners have surged 60% in just three sessions, buoyed by the company’s plans to raise capital of up to Rs 500 crore as part of its ongoing strategy to scale up key growth areas and strengthen its financial strength. The online travel technology company, which operates the EaseMyTrip platform, received in-principle […]
Muthoot Microfin expects to sustain a monthly loan disbursement of ₹1,000 crore through the fourth quarter of FY26 and beyond, against a monthly average of around ₹830 crore in the third quarter, even as its portfolio diversification efforts gain momentum, said MD and CEO Sadaf Sayeed. He noted that the NBFC-MFI (Non-Banking Finance Company – […]
Honasa Consumer on Thursday reported a 93% rise in December quarter consolidated net profit at Rs 50 crore, compared to Rs 26 crore posted by the Mamaearth parent in the same period a year ago. The profit after tax (PAT) is attributable to the owners of the company. Operating income from operations stood at Rs […]
After a tough 2025 that left small-cap investors nursing deep wounds, the third-quarter earnings season is delivering the first real signs of recovery, with smaller companies outperforming larger companies on revenue, profitability and cash flow. This signals a potential turning point for a segment that has been in the penal box for more than a […]
Adani Ports and the Special Economic Zone (APSEZ) on Tuesday reported a 21% year-on-year increase in its consolidated net profit in the December quarter at Rs 3,054 crore compared to Rs 2,518 crore reported in the year-ago period. The profit after tax (PAT) is attributable to the shareholders of the parent company. Operating income from […]
State-owned Bank of Baroda on Friday reported a 4.39 percent rise in consolidated net profit for the December quarter to Rs 5,443 crore, helped by lower provisions as compression in net interest margin curbed core income growth.On a standalone basis, net profit grew to Rs 5,055 crore from Rs 4,837 crore in the same period […]
The stock markets are gearing up for an eventful week in which key factors such as quarterly earnings of companies, the US Fed’s interest rate decision and the upcoming Union Budget 2026-27 will be in the spotlight, analysts said.The stock markets would be closed on Monday for Republic Day. Moreover, the trading activities of foreign […]
Nifty ended the curtailed holiday week flat, although the bias was slightly negative. When trading in domestic markets resumes on Monday, a host of key events over the course of the week are likely to impact sentiment.The 50-share index closed 28.75 points, or 0.11%, higher on Friday at 25,694.35. While the Nifty managed to end […]
Foreign institutional investors (FIIs) sold domestic equities worth Rs 22,530 crore in the first half of January, extending their selling streak. The pace of outflows accelerated in the holiday-shortened week, with foreign investors selling Rs 14,266 crore worth of shares in just four sessions.FIIs remained net sellers and extended their recent selling trends as tariff-related […]
Bank of Maharashtra declared an interim dividend of 10% while announcing its third quarter results on Tuesday. The bank posted a 26% year-on-year increase in profit to Rs 1,779 crore, supported by a healthy 20% growth in advances.Net profit for the year-ago period stood at Rs 1,407 crore. The state-owned bank reported a net interest […]