Day: September 1, 2026

MOFSL said that NBFC asset quality has emerged as the biggest positive surprise, with improved collections and moderated fresh slippages after nearly two years of stress.

Milky Mist Dairy Food shares rallied over 9% after the dairy products maker reported a nearly tenfold year-on-year jump in Q1 profit to Rs 65 crore, while revenue rose 43.6%. Stronger margins and robust growth across key categories, including yoghurt, ice cream, cheese and paneer, supported the performance.

Shares of Skyways Air Services were currently trading at Rs 129.90 at 10:10 IST on the BSE, representing a discount of 6.30% as compared with the issue price of Rs 138.

Retail investors reduced holdings in 1,051 NSE-listed stocks in the June quarter, even as these stocks gained an average 35.79%. This outpaced the 24.22% average rise in 1,130 stocks where retail ownership increased, suggesting investors may have exited some winners too early.

Escorts Kubota said that its Agri Machinery Business in August 2026 sold 10,072 tractors as against 8,456 tractors sold in August 2025, thereby registering a growth of 19.1% on year-on-year (YoY) basis.

SML Mahindra rallied 3.30% to Rs 5,266.40 after the company announced that it sold 1,175 units in August 2026, registering a 40% growth from 842 units sold in the same period last year.

The issue is entirely a fresh issue of 52.30 lakh shares of ₹125 crore. Rays of Belief IPO is set issue price band at ₹227 to ₹239 per share. The lot size for an application is 62 shares.

THIRTY OVER +30%: A new list of AI picks for September is coming in a few HOURS

An Indian professional living in Brazil while providing architectural services to a Goa-based company wants to know if professional fees paid into a foreign bank account will attract Indian tax. Here’s what the India-Brazil tax treaty says.

As children move away and large homes become harder to maintain, retirees are rethinking property. Selling, downsizing or redeveloping can unlock wealth, simplify succession and improve retirement security.