ixigo (Le Travenues Technology Limited) on Thursday reported 54.11 per cent rise in consolidated net profit for December quarter at Rs 23.95 crore, driven by higher revenue from operations including flight, train, and bus ticketing services.Read More
Indian markets snapped a three-day losing streak as Nifty and Sensex closed higher. Stocks like Gokaldas Exports, CreditAccess Grameen and Amagi gained, while IIFL Finance and PNB Housing fell sharply despite earnings updates.Read More
Indian information technology company Mphasis reported third-quarter revenue in line with estimates on Thursday, with banking and financial services clients resuming spending on technology amid better macroeconomic and policy clarity.Read More
Indian government bonds gained for a third straight session on Thursday as traders grew more confident of central bank buying support and ahead of another reduction in state debt auctions next week.Read More
Realty firm TVS Emerald has raised Rs 425 crore in equity funding from the International Finance Corporation (IFC) to fund its new housing projects.Read More
Ujjivan Small Finance Bank posted a strong Q3 performance, reporting its highest-ever net interest income of Rs 1,000 crore and a 71% jump in profit to Rs 186 crore. Improved collection efficiency and easing microfinance stress reduced provisioning needs, while a rising share of secured loans bolstered asset quality and profitability.Read More
Indian stock markets are showing signs of recovery with renewed buying interest. Traders should prepare for increased volatility in the coming days. The Nifty 50 has found support, and while the broader market structure remains bearish, FII cash selling has not been aggressive. Defence and PSU banks are highlighted as preferred sectors for potential outperformance.Read More
Adani Energy Solutions Q3 Results: Adani Energy Solutions reported a slight dip in net profit but saw a 15% revenue jump, fueled by strong operational performance and higher capital expenditure. Record EBITDA was achieved, driven by transmission and smart metering growth. The company is expanding its transmission project pipeline and smart meter installations, anticipating robust...Read More
Shares of IIFL Finance fell sharply on Thursday despite posting an 11X jump in Q3 profit to Rs 464 crore. The sharp fall came amid heavy volumes and reports of three GST orders worth Rs 13.2 crore. Strong AUM growth, especially in gold loans, supported otherwise robust quarterly performance.Read More
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