AU Small Finance Bank share price jumped 5% after it reported a 37% year-on-year rise in net profit to Rs 796 crore for the June quarter, driven by strong growth in net interest income and advances. The lender also announced July 31, 2026, as the record date for its proposed final dividend and elevated COO...Read More
Lohia Corp’s initial public offering bidding concluded on its third and final day. The grey market premium remained muted, suggesting a largely flat listing for the company. By the end of day two, the IPO had seen 59% subscription against shares offered. Lohia Corp’s maiden public issue aims to raise Rs 1,101 crore through an...Read More
IDFC First Bank share price gained 9% after it reported its highest-ever quarterly profit after tax of Rs 1,075 crore. Net interest income rose 21.1% year-on-year, and net interest margin also improved. Gross non-performing assets fell to 1.51%, showing further improvement in asset quality. The bank received claims worth Rs 514.8 crore under the CGFMU...Read More
India’s next wealth creation wave will emerge from new entrepreneurs in strategic sectors. These founders leverage advanced technologies to build globally competitive businesses with strong growth. Investors should look beyond conventional equity strategies for emerging opportunities. Alchemy Long Term Ventures Fund, Series 3 targets sophisticated investors with a long-term outlook. This fund blends listed and...Read More
Indo-MIM’s Rs 3,811 crore IPO is in its final bidding day with robust demand. The IPO has been subscribed 3.07 times by the close of day two. Retail investors showed 1.89 times subscription, while NIIs emerged strongest at 8.44 times. The company plans to use Rs 400 crore for debt repayment and general corporate purposes....Read More
Five Nifty500 stocks, Shipping Corporation, Atul, Saregama India, Sammaan Capital, and Cholamandalam Investment, closed over 2% above their VWAP on July 24, signaling potential bullish momentum and strengthening market sentiment.Read More
Investors await the Federal Reserve’s policy decision and major tech earnings this week. Alphabet and Tesla results have already caused market unease regarding AI spending. Microsoft, Amazon, and Meta Platforms will also report their artificial intelligence investment updates. The Federal Reserve is expected to keep interest rates unchanged at its upcoming meeting. Key economic data...Read More
Gulf Lloyds (India) is set to debut on the BSE SME platform on July 27, with grey market premium (GMP) trends indicating a largely flat listing. The Rs 18.19-crore IPO was subscribed 10.85 times overall, led by strong retail participation, while the company plans to use the proceeds for capital expenditure, debt repayment, and working...Read More
Hindustan Zinc shares: The company posted a robust Q1 FY27 performance, prompting several brokerages to reiterate their ‘Buy’ ratings. The Vedanta Group firm’s net profit jumped 145% YoY to Rs 5,469 crore, while revenue surged 77% YoY to Rs 13,747 crore. Total expenses rose 33% YoY to Rs 6,749 crore, reflecting higher operating activity during...Read More
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