Cummins India’s shares are poised for action after the company reported a strong September quarter with profit after tax up 42% year-on-year to Rs 638 crore. Driven by broad-based growth in domestic and export markets, total sales surged 28% YoY to Rs 3,122 crore. The company remains cautiously optimistic despite global uncertainties.Read More

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Oil prices saw a slight increase on Friday, breaking a three-day slump. Concerns over excess supply and weakening demand in the United States are impacting the market. Prices are still on track for a second consecutive week of decline. Major global producers are increasing output, contributing to the downward pressure. The U.S.Read More

Japan’s Nikkei index experienced a significant weekly decline, its largest since April, driven by a sell-off in heavyweight tech stocks mirroring U.S. market trends. Concerns over stretched valuations and disappointing corporate earnings impacted major players like SoftBank and Advantest. Despite a strong October rally, a cautious market sentiment emerged, with investors now closely watching upcoming...Read More

Shining Tools, a precision carbide cutting tool manufacturer, launched its Rs 17.1 crore SME IPO on November 7. The company aims to boost manufacturing capacity and working capital. With strong recent financial growth and high profit margins, the IPO proceeds will fund new machinery and expansion, capitalizing on India’s growing manufacturing sector.Read More

Curis Lifesciences launched its Rs 27.5 crore SME IPO on November 7, aiming to raise funds for infrastructure expansion and working capital. The company, which focuses on contract manufacturing and exports, reported strong revenue and profit growth in FY25. The IPO will close on November 11, with shares set to list on the NSE SME...Read More

Investors have a final chance today to buy Power Grid Corporation of India shares for a Rs 4.50 interim dividend. The stock will trade ex-dividend from November 10. This dividend is for the financial year 2025-26. Eligible shareholders will receive the payout on December 1. Other companies also have ex-dividend dates soon.Read More

Pine Labs IPO: In its IPO report, SBI Securities gave Pine Labs a ‘Subscribe for long-term’ recommendation, highlighting the company’s strong growth prospects, improving profitability, and large market opportunity. The brokerage said the fintech firm is well placed to tap into the Rs 276 trillion digital payments market projected by FY29.Read More

Indian markets saw a slight dip on Thursday. Key companies like Infosys, Apollo Hospitals, and Airtel are in focus due to corporate news and earnings. Infosys announced its record date for a large share buyback. Apollo Hospitals reported strong profit growth. LIC also posted a significant rise in net profit. Singtel plans to sell a...Read More

The Securities and Exchange Board of India (Sebi) is set to simplify IPO processes by reducing offer document summary content and streamlining procedures for companies with pre-IPO pledged shares. Chairman Tuhin Kanta Pandey stated these changes aim to encourage informed investor feedback and prevent listing delays.Read More