Category: Business News & Economy

SBI Funds Management’s Rs 11,693 crore IPO opens July 14–16, 2026, marking India’s largest issue of the year, with SBI and Amundi selling stakes.

Vedanta Oil and Gas shares rose sharply on Thursday, outperforming its recently listed Vedanta group peers after reports that the Delhi High Court cleared the enforcement of $99 million in arbitral awards in favour of Vedanta and Ravva Oil. The development boosted investor sentiment despite the company’s weaker Q1 production performance.

Cupid shares have rallied over 40% in the past month, driven by strong Q1 business momentum and an upgraded FY27 revenue outlook. After the sharp surge and recent volatility, technical experts see the broader uptrend intact while advising investors to closely monitor key support levels before taking fresh positions.

Apollo Micro Systems gained 1% and Premier Explosives climbed 4% after ET reported that Apollo is nearing a Rs 2,300-2,500 crore deal to acquire Premier Explosives, including the cost of an open offer to minority shareholders. Premier Explosives’ board is scheduled to meet today. The proposed deal would combine two Hyderabad-based defence companies amid rising…

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…