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Foreign institutional investors turned selective buyers in the June 2026 quarter, increasing stakes in 135 stocks. Several of these delivered 50–665% annual returns, including five multibaggers, signalling renewed institutional confidence.
Ather Energy, the Indian electric scooter manufacturer, has announced a significant reduction in its quarterly losses, attributing this positive outcome to robust sales that overshadowed increased expenses. The net loss for the June quarter was reported at 508.7 million rupees, a notable improvement compared to the previous year’s substantial loss. This financial performance showcases the…
Euro zone government bond yields declined after oil prices retreated on hopes of easing Middle East tensions, reducing inflation concerns and prompting markets to pare expectations for further ECB rate hikes. Investors also tracked diplomatic developments involving the U.S., Iran and the Strait of Hormuz.
KKR-backed LEAP India will open its Rs 2,480 crore IPO for subscription on August 7, with a price band of Rs 151-159 per share. The issue comprises a Rs 480 crore fresh issue and a Rs 2,000 crore OFS. The company plans to use proceeds to repay debt and for general corporate purposes. 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…
Greaves Electric Mobility’s Rs 530 crore rights issue was fully subscribed by existing shareholders, reinforcing confidence in the EV maker’s growth strategy. The company will use the funds to expand its product pipeline and technology capabilities while deferring its proposed IPO until market conditions and regulatory approvals become more favourable.
Indian Energy Exchange shares declined after the Supreme Court allowed the Central Electricity Regulatory Commission to continue framing regulations on market coupling, while clarifying it had not expressed any view on the merits of the case. The decision keeps regulatory uncertainty alive for the country’s largest power exchange.
Railway stocks rose after reports that the government plans to invest Rs 45,000 crore in border railway upgrades over the next 18-24 months. The project will cover track, platform and network expansion across several border states and account for around 22% of planned railway infrastructure spending over the next two years.
AI is no longer being used only to automate reporting or reduce manual work. Today’s AI products are helping finance leaders understand transactions before they become ledger entries, predict payment risks and improve financial decision-making. The ET Most Innovative AI Product Awards 2026 recognises these innovations through its Most Innovative AI Product for CFO’s Office…