Profit by knowlytics
Track key corporate news, quarterly earnings summaries, startup funding updates, executive movements, and major company announcements across leading industries.
SBI Funds Management IPO is experiencing robust investor demand on its final bidding day. The grey market premium indicates a potential listing price of approximately Rs 666 per share. Retail investors have shown steady participation in the ongoing public offering. The company’s IPO is a complete Offer for Sale, raising funds for existing shareholders. Shares…
Polycab India delivered its strongest-ever first quarter, with revenue rising 39% and net profit increasing 33%, driven by robust wires and cables demand and strong FMEG growth. Management expects infrastructure spending, capacity expansion and distribution growth to sustain long-term momentum.
Indian equities ended subdued on weekly expiry as investors weighed Iran-US tensions, firm crude prices and rupee weakness. Analysts expect Q1 earnings to drive stock-specific action, while Nifty remains in a consolidation phase with key support near 24,000 and resistance around 24,300.
BHEL reported a consolidated Q1 FY27 net profit of ₹377 crore against a year-ago loss, driven by 40% revenue growth and a sharp recovery in operating margins. Strong power segment performance lifted sentiment, sending the PSU stock over 4% higher.
Wipro declared an interim dividend of ₹2 per share, with July 27 fixed as the record date. The IT major reported modest Q1 FY27 profit and revenue growth, issued cautious quarterly guidance and reiterated its focus on AI-led business transformation.
Tech Mahindra announced a consolidated net profit of Rs 1,465 crore for the first quarter. This represents a substantial 28% increase compared to the previous year’s earnings. The company also saw its net profit rise over 8% sequentially from the prior quarter. Revenue from operations experienced an 18% year-on-year jump to Rs 15,712 crore. These…
ITC Hotels reported a thirty-six percent rise in net profit for the first quarter. Consolidated revenue from operations also increased compared to the previous year. The company announced the approved acquisition of GHK Hospitality & Infrastructures Ltd. This strategic move will expand their owned-asset portfolio in Ahmedabad. The hotel business and new branded residences vertical…
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Value investor Joel Greenblatt advises that less action yields more long-term investment gains. Patience and disciplined holding outperform frequent trading and market timing. Compounding wealth requires staying invested in strong businesses through market ups and downs. Avoiding emotional reactions to price swings is crucial for investment success. Resisting the urge to act and letting investments…
Warren Buffett revealed he personally initiated Berkshire Hathaway’s investment in Alphabet, lifting the stock nearly 4% and adding over $15 billion to the combined wealth of Google co-founders Larry Page and Sergey Brin. Berkshire now holds Alphabet among its top five investments, while strong AI-driven growth, cloud expansion, and increased spending plans continue to support…