Finance news
Elon Musk’s SpaceX is poised for a historic IPO, aiming to raise $75 billion at a $1.75 trillion valuation. Investor demand is strong, with shares set to list on Nasdaq on June 12. The offering prioritizes retail inves
India's economic future lies with manufacturing exporters, not consumer companies. Saurabh Mukherjea predicts this shift will drive earnings growth. Artificial intelligence is reshaping jobs, impacting the middle class.
The Indian central bank likely intervened in the foreign exchange market on Wednesday to bolster the rupee, as maturing non-deliverable forward contracts created downward pressure. The Reserve Bank of India also reported
CMR Green Technologies shares fell sharply from their post-listing highs after debuting at a 43% premium to the IPO price. While analysts remain positive on the company's long-term prospects in the recycled metals space,
Jefferies sees significant growth for Meesho. The brokerage initiated coverage with a 'Buy' rating and a target price of Rs 225. This suggests a potential 34% rally for the stock. Meesho is well-positioned to benefit fro
Shares of Aegis Vopak Terminals gained after Jefferies upgraded the stock to Buy despite lowering its target price to Rs 240. The brokerage believes the recent correction has been excessive and expects long-term growth t
Fertiliser stocks rallied after reports of a proposed doubling of subsidy allocation to Rs 1.71 lakh crore for FY27. Rising global prices and supply disruptions linked to West Asia tensions are driving concerns. FACT and
India has built a strong foundation for growth over the past decade, according to Vikas Khemani of Carnelian Asset Management. He highlighted robust digital and physical infrastructure, alongside regulatory reforms. With
In its Q4FY24 results, the company#39;s VNB fell 19.45 percent to Rs 2,227 crore for FY24
The net profit was down 4.6 percent quarter-on-quarter compared to the October to December period of FY24 and 2.32 percent against the March quarter of FY23
Net premium income rose to Rs 14,788 crore
For the full year, the company#39;s revenue stood at Rs 1,192 crore, which was 43.2 percent higher compared to the same period of the past financial year
Revenue increased 8.5 percent to Rs 3,927 crore in the three months ended March 31.
The hike in royalty payments to parent Unilever are likely to adversely impact HUL#39;s EBITDA margins, say experts
A compilation of estimates suggests the company#39;s Q4 FY24 net profit is projected to decline by 2.2 percent quarter on quarter to Rs 1,143.1 crore
Jewellers report steady footfall in Kochi and Kozhikode while buyers compare 22K rates before making larger purchases.
Short-duration deposits remain popular with households balancing liquidity, tax impact and rate uncertainty.
Analysts expect stronger retail participation if pricing remains disciplined and market volatility cools.