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Eternal is expected to deliver a steady June-quarter, led by strong Blinkit growth through store expansion and higher order values. Investors will monitor quick commerce profitability, food delivery margins, competitive intensity and management commentary on sustaining growth amid aggressive market expansion.
Caliber Mining & Logistics’ Rs 450-crore IPO saw overwhelming investor demand, subscribed 99.19 times. Retail investors showed robust participation, with their quota subscribed 35.73 times. The stock currently commands a Grey Market Premium of Rs 94, indicating potential listing gains. The company aims to raise funds for balance sheet strengthening and operational expansion. Shares are…
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Indian stock markets experienced a decline on Tuesday, with major indices Sensex and Nifty closing lower. Broader markets, however, showed resilience, with midcap and smallcap indices registering gains. Geopolitical mediation efforts between Iran and the US offered some market sentiment support. Oil prices dipped below ninety dollars per barrel following these mediation reports. Analysts suggest…
Adani Total Gas Q1 Results: Adani Total Gas reported 14% year-on-year (YoY) decline in its consolidated net profit at Rs 142 crore in the first quarter. The same stood at Rs 165 crore in the same quarter of last year. Revenue from operations rose 27% YoY to Rs 1,907 crore.
JPMorgan and other US banks are close to agreeing on financing support for projects under Japan’s $550 billion US investment pledge, according to sources. The move could help Tokyo fulfil commitments made to President Donald Trump, as Japanese banks face challenges in funding large dollar-based infrastructure projects. Japan has announced over $100 billion worth of…
The US dollar hovered near a one-week high as investors weighed escalating Middle East tensions against hopes for a ceasefire. Concerns over energy supplies supported the greenback, while the yen and euro remained largely steady. The British pound edged higher after UK Prime Minister Andy Burnham reaffirmed his commitment to fiscal discipline, boosting confidence in…
The new exchange will operate separately from the LSE’s main market and will initially offer trading in exchange-traded products (ETPs), including funds that track the UK and U.S. stock markets, according to Reuters.
Euro zone banks tightened lending standards in the second quarter as geopolitical uncertainty and economic risks prompted greater caution, according to the ECB’s latest Bank Lending Survey. While demand for business loans improved, lenders became more selective and expect credit conditions to tighten further in the coming months, reflecting persistent concerns over inflation, energy prices…