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Track key corporate news, quarterly earnings summaries, startup funding updates, executive movements, and major company announcements across leading industries.
Motilal Oswal has identified ten non-Nifty stocks for investors ahead of quarterly earnings. The brokerage anticipates healthy revenue growth across various market capitalizations. TVS Motor and Dixon Technologies are among the top picks with significant upside potential. Radico Khaitan and Indian Hotels Company also show promising revenue growth prospects. Coforge and Kirloskar Oil Engines are…
Cochin Shipyard shares dropped as the government plans a significant stake sale. The offer for sale includes a base offer and an oversubscription option. This disinvestment move is part of the government’s FY27 program. The offer opens for non-retail investors today and retail investors tomorrow. The government aims to raise over Rs 1,856 crore from…
Titan Company share price rose 2% after it saw a 41% year-on-year rise in the June quarter. Robust jewelry demand and an expanding retail network fueled this significant growth. The company added seventy-seven stores, increasing its total retail presence to 3,680 locations. Watches and EyeCare segments also reported strong twenty-three percent growth during the period.
Trent share price plunged 10% after reporting a 19% revenue increase for the June quarter. The company’s fashion retail business and store expansion supported this revenue growth. Trent’s retail portfolio now includes 1,312 stores, with Zudio being the largest network. Previous financial results showed a 26% net profit rise for the March quarter. The company’s…
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Kusumgar’s Rs 650-crore IPO will open for subscription on July 8, with the issue commanding a grey market premium of around Rs 166. The offer is entirely an offer for sale, while the company has reported steady revenue and profit growth over the past two financial years.
US hedge funds cut exposure to technology hardware stocks for a fourth straight week ahead of the earnings season, amid weakness in semiconductor shares and concerns over AI-related spending. They also trimmed holdings in industrials and consumer discretionary stocks while increasing allocations to index funds, ETFs and defensive sectors.
Hong Kong launched a central clearing system and revived gold futures trading. These initiatives aim to strengthen the city’s gold trading infrastructure. Tax incentives will also support gold trading and settlement activities. A “Delivery Connect” scheme facilitates cross-border gold settlements with Shanghai. Hong Kong seeks to become Asia’s leading gold trading center.
Four Nifty500 stocks, Zydus Wellness, Sumitomo Chemical India, Max Healthcare Institute, and Zensar Technologies, closed over 1.5% below their VWAP on July 6, indicating potential bearish momentum and increased selling pressure, according to technical scan data.
On July sixth, four Nifty500 stocks saw closing prices rally by over 1.5 percent. This movement above their Volume Weighted Average Price suggests a potential bullish trend. Karur Vysya Bank and Poonawalla Fincorp showed significant price increases. Manappuram Finance and Swan Corp also experienced positive trading activity.