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Indian jewellery stocks saw a 40% surge after strong June quarter business updates. Resilient demand and a shift to organized players supported this sector’s impressive rally. Titan Company reported significant growth in its consumer businesses during the June quarter. Analysts believe demand remains strong and long-term structural tailwinds are intact. The outlook beyond the June…
Just Dial shares surged as much as 14% after the company reported strong Q1FY27 results. Net profit rose 4.1% YoY to Rs 166.2 crore, while revenue climbed 9.9% YoY to Rs 327.5 crore. EBITDA margin remained healthy at 26.7%, with quarterly unique visitors at 192.9 million. The company also ended June with Rs 6,022 crore…
Motilal Oswal Financial Services aims to grow profits tenfold over the next decade while preparing for a leadership transition. In an exclusive interview with ET Markets, billionaire co-founder Motilal Oswal said the group has inducted the next generation—Pratik Oswal and Vaibhav Agrawal—onto the board and is also empowering senior professionals.
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…
South Korea’s benchmark Kospi index plunged 8% to lower circuit on Monday as rising tensions in the Gulf and soaring oil prices rattled global markets. The selloff, led by sharp declines in AI-heavyweights SK Hynix and Samsung Electronics, pushed the index deeper into bear market territory, although it remains the world’s best-performing major stock market…
Gold and silver prices extended losses on the MCX for a second straight session on Monday amid rising oil prices triggered by fears of a Strait of Hormuz closure. Higher crude prices raised concerns over persistent inflation and prolonged high interest rates, weighing on precious metals.
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
SBI Funds Management’s IPO anchor book saw strong investor interest. Key global and Indian funds participated, subscribing more than twenty times over. The offering is expected to raise approximately $309 million from anchor investors. This marks India’s first billion-dollar IPO this year. The public issue opens for subscription on July fourteenth.
SBI Funds Management’s large IPO presents a valuation opportunity for investors. The offer for sale structure may temper immediate listing day gains. Analysts note its scale and brand support long-term investment potential. The company holds a leading market position in asset management. Investors should maintain realistic expectations for initial trading performance.