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Category: Business News & Economy
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Radico Khaitan Q1 Results: Profit jumps 76% to Rs 229 crore, revenue up at Rs 5,867 crore
Radico Khaitan recorded an impressive seventy-six percent uptick in net profit, reaching Rs 229.60 crore for the June quarter. The company’s operational revenue rose by thirteen point two two percent, totaling Rs 5,867.69 crore. This quarter marks a record for the company’s volume, top-line revenue, and profitability, significantly driven by a thirty-five point eight percent…
Market wrap: TCS, Eternal, HUL, BEL among top gainers and losers on Nifty and Sensex on Tuesday
Indian equity benchmarks ended marginally lower after surrendering early gains as IT stocks outperformed but weakness in FMCG, power and defence weighed on sentiment. Analysts expect Nifty to remain range-bound, with 24,050 as key resistance and 23,800 as crucial support.
L&T Q1 Results: Net profit rises 14% YoY to Rs 4,123 crore, revenue up 7%
L&T Q1 Results: Larsen & Toubro (L&T) on Tuesday reported a consolidated net profit of Rs 4,123 crore for the April-June quarter of the ongoing financial year 2027, marking nearly 14% year-on-year (YoY) rise from the Rs 3,617 crore net profit reported in the same period last year.
Quote of the day by John Templeton: “I have learned that the great opportunities are the places that have been neglected, where other people are not looking”
John Templeton’s investing philosophy urges investors to seek overlooked opportunities with strong fundamentals rather than chase market trends. His contrarian approach highlights the importance of independent research, patience and long-term thinking to uncover undervalued investments before they gain widespread attention.
IPO pipeline robust with 245 DRHPs filed with Sebi, 175 receive observations: Equirus
India’s IPO pipeline remains robust with 245 companies filing draft papers with Sebi, including 175 already cleared for launch. Strong domestic liquidity, resilient investor participation and improving market sentiment are driving equity fundraising despite global uncertainties and foreign fund outflows.
Vedanta Aluminium shares in a sweet spot, says ICICI Securities; initiates coverage with Buy rating
ICICI Securities has initiated coverage on Vedanta Aluminium Metal (VAML) with a ‘Buy’ rating and a target price of Rs 520, implying over 19% upside. The brokerage expects strong earnings growth, driven by favourable aluminium prices, higher volumes, backward integration and lower costs. It also sees robust cash generation, debt reduction and long-term expansion supporting…
Wipro Share Price Live Updates: Wipro’s Current Market Position
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Axis Bank Share Price Live Updates: Axis Bank’s Current Price and Market Movement
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Adani Ent Share Price Live Updates: Adani Enterprises Closes at Rs 3002.80
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