Billionaire Radhakishan Damani and his family have re-entered Sundaram Finance with a 2.37% stake in the June quarter through Bright Star Investments, after previously exiting the holding in FY26, according to the company’s latest shareholding pattern.

PVR INOX reported a strong June quarter with a net profit of Rs 56.5 crore. Revenue from operations increased to Rs 1,622.2 crore, showing significant year-on-year growth. Admissions rose eight percent while average ticket prices also saw an increase. The company achieved net cash positive status after debt reduction and merger completion. PVR INOX anticipates…

European shares slipped as weak semiconductor earnings and renewed concerns over AI spending weighed on technology stocks. Energy shares gained as Middle East tensions lifted oil prices, while investors awaited the ECB’s policy decision.

U.S. Senate Republicans have introduced the long-awaited Clarity Act, a landmark bill aimed at creating a comprehensive regulatory framework for cryptocurrencies. The legislation seeks to clearly define the roles of financial regulators, promote broader adoption of digital assets, and enhance investor protection.

Based on the current GMP, the company’s shares are estimated to list at around Rs 670 per share, compared with the upper issue price of Rs 485. However, investors should note that the grey market is unofficial, and GMP is only an indicator of investor sentiment, not a guarantee of listing gains.

Xtranet Technologies’ IPO was subscribed 51% by early afternoon on Day 1, led by strong retail demand. The Rs 166.8 crore issue, priced at Rs 120-127 per share, has attracted a 10% grey market premium, while the company plans to use the proceeds for working capital, debt repayment and expansion.

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

BNP Paribas reported a better-than-expected 33% rise in second-quarter net profit to €4.35 billion, driven by strong equity trading, a recovery in retail banking and gains from its revamped insurance partnership with Ageas.

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…