Latest business news
Auto stocks in focus: Shares of Maruti Suzuki, MRF, Ashok Leyland, TVS Motor Company, Mahindra & Mahindra, and Eicher Motors are currently trading close to their record highs after maintaining a sustained upward trend in recent months. Among these, MRF — the most expensive stock in the Indian stock market — is just 1.02% away…
MUMBAI (Reuters) – The Indian rupee closed nearly flat on Wednesday, trailing behind its Asian peers as the impact of a weaker U.S. dollar was blunted by strong demand for the greenback from foreign banks, likely on behalf of custodial clients. The rupee closed at 85.6375 per dollar, compared to its previous close at 85.6350….
Fineotex Chemical, the ace investor Ashish Kacholia-portfolio company, has declared its Q4 results. The company has reported a drop in its revenue and net profit. Fineotex Chemical reported a consolidated net profit of ₹19.97 crore in the fourth quarter of FY25, recording a decline of 33.68% from ₹30.11 crore in the corresponding quarter of last…
Realty company DLF Ltd is bracing for an action-packed June quarter (Q1FY26) after nil new launches in the March quarter (Q4FY25). DLF is confident of unveiling phase 3 of Privana North in Gurugram and phase 1 of Mumbai in Andheri, which faced a delay due to multiple approvals since it is a rehabilitation project. The…
Power Finance Corporation (PFC), the state-run financier, on Wednesday reported a consolidated net profit of ₹8,358 crore for the fourth quarter of FY26, registering a growth of 10.6% from ₹7,556.4 crore in the corresponding quarter of last fiscal year. PFC’s net interest income (NII) in Q4FY25 increased 41% to ₹12,681 crore from ₹8,987.7 crore, year-on-year…
Stock Market Today: Having seen a 650% rally in five years by the Multibagger small-cap stock Kellton Tech Solutions The stock remains in news having declared closure of FCCB issue. Check details Multibagger small-cap stock Kellton Tech Solutions FCCB details Multibagger small-cap stock Kellton Tech Solutions on Tuesday 20 May 2025 intimated the National Stock…
Aegis Vopak Terminals IPO, which will open for subscription on May 26 and close on May 28, has set the price band at ₹223 to ₹235 per share, with a face value of ₹10 per share. The company has reduced the size of its IPO to ₹2,800 crore, down from the previously planned ₹3,500 crore….
The European Union imposed sanctions on three vessels that helped move gas cargoes from Russia’s Yamal LNG project, further squeezing Moscow’s energy revenues. The North Moon, North Ocean and North Light were included in the 17th package of sanctions adopted by the European Council on Tuesday. The vessels are managed by Tokyo-based Mitsui OSK Lines…
U.S. government bond investors are nervous—it’s easy to see why. The last top-notch rating on Treasuries has been taken away, and worries remain about foreign buyers abandoning the market. Any paper gains from rising bond prices have vanished as yields have risen back to where they were in February. Bond prices have an inverse relationship…
Shares of Dixon Technologies came under pressure on Wednesday, May 21, falling over 7 percent in intra-day trade despite the company reporting robust earnings for the March 2025 quarter (Q4FY25). The stock slipped as much as 7.4 percent to hit a day’s low of ₹15,337.15, extending recent volatility even as brokerages maintained a positive outlook….