Kansai Nerolac Q1 profit rises 5%; approves Rs 601 crore capacity expansion
Paintmaker cites healthy demand despite geopolitical disruptions; expects festive season to support growth.
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Paintmaker cites healthy demand despite geopolitical disruptions; expects festive season to support growth.
Amazon crossed a $3 trillion market valuation after strong earnings and robust cloud growth reinforced confidence in its AI investments. Shares hit a record high, while investors rewarded the company for demonstrating improving returns from heavy AI infrastructure spending.
Sebi has granted a new extension for investment advisers and research analysts regarding their enrolment, now set for September 3, 2026. This delay allows participants more time to finalize their registrations, facilitating a more seamless rollout of the performance data framework. It’s essential for advisers and analysts to enroll to provide their past performance metrics.
MakeMyTrip reported a 19.9% year-on-year rise in Q1 gross bookings to $2.85 billion, while revenue and adjusted operating profit increased despite travel disruptions. Strong growth across hotels, buses and AI-powered Myra 2.0 reinforced confidence in India’s long-term travel demand.
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Major US stock indexes opened higher on Monday. De-escalating Middle East tensions helped drag down crude oil prices. Investors are now preparing for a busy week of earnings reports. The Dow Jones Industrial Average increased by 274 points at the open. The S&P 500 and Nasdaq Composite also saw gains.
Three early Paytm investors plan to sell shares worth up to Rs 2,002 crore through a block deal at a nearly 5% discount. The secondary transaction will not raise funds for the company and includes a 60-day post-sale lock-up for sellers.
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Indian benchmark indices surged on Monday after easing crude oil prices, sparked by renewed US-Iran talks, boosted investor sentiment. The Sensex jumped 544 points and the Nifty climbed 1.6%, adding nearly Rs 5 lakh crore to BSE market capitalisation. TCS, IndiGo and Infosys led gains, while Sun Pharma and Apollo Hospitals lagged.
Benchmark indices extended gains as Sensex climbed 544 points to 78,639, driving eight BSE 100 stocks to fresh 52-week highs. Divi’s Laboratories, TVS Motor, Bajaj Auto and Bajaj Finance led the rally, reflecting strong buying momentum and improving investor sentiment across key sectors.