Profit by knowlytics
The Peak XV- and TVS Capital-backed wealth manager has applied for a merchant banking licence as it expands beyond wealth management amid India’s capital markets boom.
In the late afternoon session, the scrip was being traded at 20.61 pounds, down by 5.50 per cent on the LSE. Vedanta opened on a positive note, but soon swung into the red.
The scrip, which was flat for most of the session, shot up in the final hour of trade on the Bombay Stock Exchange to settle with a net gain of 4.36 per cent at Rs 355.45.
India’s only listed retail Reit is pursuing deals across eastern and southern India, backed by strong cash flows and nearly $1 billion in debt headroom for acquisitions.
The Old Fox of Dalal Street has been on a dream run since the past couple of weeks. On Friday, most stocks that he had been steadily building up positions in figured among key gainers of the day.
Shares of Cipla inched up on heavy volumes on Friday, after the company’s first quarter earnings beat the consensus estimate.
14 firms present in a new list of world’s 500 most valued firms together seeing an erosion of about $150 billion in their market value in the first three months of this year.
The lack of fresh launches dragged down Q1 sales bookings, but strong cash generation and an upcoming ₹20,000-crore launch pipeline keep DLF’s FY27 targets on track.
BusinessWeek’s ‘The Infotech 100’, has ranked Bharti Airtel at the 21st position followed by Reddington India (55th) and RCom (66th). Successful business formula
Ather benefited from the West Asia war-driven EV boom, with sales increasing 81% to 83,173 units during the June quarter