Why Macrotech is upbeat about its prospects even as India’s realty market braces for a slowdown
Macrotech Developers Ltd (Lodha) expects its pre-sales or bookings to surge to Rs21,000 crore this…
Why Macrotech is upbeat about its prospects even as India’s realty market braces for a slowdown
Macrotech Developers Ltd (Lodha) expects its pre-sales or bookings to surge to Rs21,000 crore this financial year from Rs17,600 crore in 2024-25, driven by its key Mumbai Metropolitan Region market as well as its new geographies of Bengaluru and Pune. Lodha’s management expects at least five projects to be operational in Bengaluru in FY26. While…
Sensex Climbs Over 1,000 Points, Crosses 80,000-Mark
Mumbai: Equity benchmark indices Sensex and Nifty rebounded on Monday amid continued foreign fund inflows. The 30-share BSE benchmark gauge jumped over 1,000 points and crossed the 80,000-mark, while the NSE Nifty rallied more than 300 points to 24,340 as of 12:30 pm. Reliance Industries, Mahindra & Mahindra, ICICI Bank, Tata Steel, State Bank of India,…
Most Banks Want EU to Delay Trading Book Rules, Industry Poll Says
(Bloomberg) — A majority of banks want the EU to postpone the adoption of new trading book rules, a survey shows, heaping pressure on the bloc to follow similar moves in the US and the UK. A “clear majority” of participants in a survey were in favor of “an additional one-year delay” to changing a…
Multibagger SME stock surges 6,000% in five years: Hits record high, locks in at upper circuit
Colab Platforms share price was locked in at a 2% upper circuit on Monday, hitting a record high, driven by strong buying momentum.Colab Platforms shares were locked at its high of ₹132.75 apiece on the BSE. The technology solutions provider has been on a sharp upward trajectory. Colab Platforms share price has surged 40% over…
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Deliveroo shares soar more than 16% after suspending share buyback Deliveroo shares shot up over 16%, hitting their highest level since January 2022, after the food delivery firm suspended a share buyback following a $3.6 billion offer from U.S. firm DoorDash. “The Company announces that further to its announcement on 25 April 2025 that the…
IT stocks face turbulence in 2025—but these 5 undervalued picks offer long-term potential
Yet amid the selloff, contrarian investors are spotting opportunities. There are plenty of reasons for optimism. Global IT spending is projected to rise 9.3% in 2025, driven by double-digit growth in software and data center segments, according to Deloitte. The rapid adoption of artificial intelligence (AI) technologies across industries is further boosting demand for cloud…
Small-cap stock below ₹50 edges higher after THIS rights issue update. Details here
Small-cap stock under ₹50: Shares of Nakoda Group of Industries, engaged in the packaged foods segment, rose nearly 2% on Monday, April 28, after the company post-market hours on Friday, announced the second and final call on rights issue along with the record date. The company in a filing said that the Rights Issue Committee…
Sensex Opens Over 400 Points, Nifty Rises Over 88 Points In Early Trade
Mumbai: The Indian equity benchmark indices opened higher on Monday amid mixed global cues, as buying was seen in the PSU bank and financial service sectors in the early trade. At around 9.30 am, Sensex was trading 400.7 points or 0.51 per cent up at 79,613.28 while the Nifty climbed 88.65 points or 0.37 per…
Why did RBL Bank share price jump 7% despite an 80% drop in Q4 net profit? Key reasons explained
RBL Bank share price today: Despite a sharp drop of over 80% in its consolidated net profit for Q4FY25 (March quarter), RBL Bank’s share price kicked off Monday’s trading session positively and continued to build on gains during early trade, spiking 7% to the day’s high of ₹201.25 per share. Even with the significant fall…