Latest posts
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Lloyds Metals to Raise ₹1,550 Crore Through NCDs; DRI Capacity to Cross 9 Lakh MTPA
The company is an integrated iron and steel company engaged in iron ore mining, beneficiation, pelletisation and DRI production. The company operates its iron ore mining business through the Surjagarh mines in Maharashtra and has DRI manufacturing facilities at Ghugus and Konsari. The shares of Lloyds Metals are currently trading at Rs. 1,860.00, up by 1.97%.…
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Motilal Oswal initiates Buy on Solar Industries, sees 24% upside. 4 reasons why
Motilal Oswal has initiated coverage on Solar Industries with a Buy rating and a target price of Rs 23,000, citing strong growth prospects across explosives and defence. The brokerage expects revenue and profit to grow at 43% and 34% CAGR, respectively, through FY30.
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Augmont Enterprises Q1 Results: Revenue Rises 30% to ₹18,946 Crore; PAT Falls 15%
The gold market remained robust in the first quarter of FY27, driven by strong demand from both the bullion trading and the digital gold segments as well as jewellery and gold-backed financial products. In this context, the company posted an increase in sales but experienced pressure on profitability due to geopolitical incidents impacting international sales…
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Employee was terminated in 2000 but served for nearly 30 years; Allahabad HC orders pension & other retirement benefits
A government employee whose appointment was disputed and services were ordered to be terminated in 2000 ultimately remained in service for nearly three decades. The Allahabad HC has now directed the UP government to calculate and release his pension, gratuity and other retirement benefits.
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Pace Digitek shares jump 13% after subsidiary bags Rs 488 crore BESS order
Pace Digitek shares surged over 13% to Rs 175.37 on Tuesday after its material subsidiary, Lineage Power, bagged a Rs 488.46-crore BESS order from NTPC GE Power Services. The project at the Barh Super Thermal Power Project involves BESS containers, maintenance, and extended warranty through December 2026.
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Puravankara Shares In Focus As Group Expands Into Delhi-NCR Market With ₹5,200 Cr GDV Site
Delhi-NCR has long been the market every serious pan-India developer eventually wants a piece of, precisely because it is large, liquid and unforgiving in equal measure. Southern and Western developers in particular have historically stayed cautious about the region, wary of its longer approval cycles and more fragmented land titles. When one of them finally…
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Symbiotec Pharmalab Q1 FY27: Net Profit Falls 53% YoY to ₹14.1 Crore Despite 7.4% Revenue Growth
It is an R&D driven company which deals with research, development and manufacture of active pharmaceutical ingredients, nutritional ingredients, and other specialty products. The shares of Symbiotec Pharmalab are currently trading at Rs. 1,156.40, Up by 0.13%.The company has a market capitalization of Rs. 7,428.01 crore. The stock’s 52 week high is Rs. 1,193.70 and its…
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Sensex rises 110 points, Nifty above 23,450 as oil prices, bond yields cool down. Time for a sectoral pivot?
Indian equities traded higher as softer crude prices and easing bond yields improved sentiment. Sensex and Nifty extended gains, while broader markets also advanced. Analysts highlighted a possible sectoral shift towards fairly valued largecaps and improving technical momentum.
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India’s Biggest IPOs: 5 Issues That Raised Up to ₹27,859 Cr
India’s IPO market has witnessed several large public issues across sectors, reflecting the growing role of equity markets in helping companies and existing shareholders raise substantial capital. While the size of an IPO often attracts significant investor attention, the listing performance of these large issues has varied, influenced by market conditions, valuations and investor sentiment.…
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Embassy Developments Sells Luxury Juhu Tower To Dinesh Thakkar For ₹711 Cr
The Mumbai arm of one of India’s biggest listed real estate developers just closed a transaction that people in the industry are already flagging as unusual. It isn’t the buyer’s identity alone that’s turning heads though he’s a familiar name in Indian finance, it’s the shape of the deal itself. Rather than selling apartments floor…
