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Track key corporate news, quarterly earnings summaries, startup funding updates, executive movements, and major company announcements across leading industries.
CSM Technologies’ IPO is seeing a subdued response on its second day, with only 32% subscription. Retail investors show more interest, subscribing to 53% of their quota. The grey market premium is a modest 4%, suggesting limited listing gains. The company, a digital transformation and GovTech solutions provider, aims to raise ₹145.78 crore. Analysts advise…
Indian stock markets closed with modest gains on Sensex monthly expiry day, as both indices erased significant intraday advances. Sensex added 109 points to 77,100.47, and Nifty 50 climbed 34 points to 24,056. Strong performances from IndiGo, M&M, and Maruti Suzuki bolstered the gains, while Power Grid shares saw notable declines. The broader market, however,…
Five NSE F&O stocks, including Oracle Financial Services, IndiGo, IRFC, Swiggy and Avenue Supermarts, saw sharp open interest build-up on June 24, signaling heightened trader participation and fresh futures positions.
Jaipur’s Advit Jewels IPO is witnessing overwhelming investor interest, subscribed over 212 times by day three, with a significant 40% grey market premium. The Rs 165 crore issue, a fresh equity offering, will fund working capital and debt repayment. The handcrafted jewellery brand, operating under the Rambhajo name, specializes in traditional and contemporary designs, boasting…
Asian markets saw a dip, led by a pullback in heavyweight chip stocks after a strong rally. US futures remained steady following a volatile session on Wall Street, where tech giants like Apple experienced significant declines. Investors are closely watching the sustainability of high tech valuations amid concerns over AI spending and potential interest rate…
Laurus Labs’ stock has surged 30% on robust FY26 results, fueled by a booming contract manufacturing business and improved product mix. The company is investing ₹3,000 crore in expanding capacities, particularly for high-value CDMO services, which are projected to double their revenue share by 2030. Analysts are optimistic, raising earnings forecasts and maintaining a ‘BUY’…
Adani Ports is poised to acquire Karanja Terminal & Logistics, with creditors endorsing its ₹625-crore recovery plan. The nation’s top port operator has offered full repayment to financial creditors for their outstanding dues. This development follows Prudent ARC’s acquisition of nearly all of Karanja’s debt, signaling a significant shift in the company’s future.
Tata Chemicals shares surged on Thursday, driven by the RBI’s new guidelines for upper-layer NBFCs, sparking hopes for a Tata Sons listing. Analysts suggest this could unlock significant value for Tata Chemicals, which holds a stake in the unlisted entity. The potential listing of Tata Sons, valued in the unlisted market, could boost Tata Chemicals’…
Indian stock markets closed slightly higher on Thursday, marking a third consecutive week of gains, buoyed by falling crude oil prices. The Nifty 50 and Sensex both edged up, with easing oil prices boosting investor confidence. Analysts suggest dips may attract buying, anticipating improved corporate margins from the second quarter, even with potential monsoon deficits….
India’s credit card market crossed 120 million active cards in May, driven by strong new additions even as spending growth slowed, according to RBI data. Net card additions rose 34% year-on-year to 1.02 million, while total spending increased only 6.3% to ₹2.02 lakh crore.