Oil prices are falling. OPEC plans to increase production. This is putting pressure on the market. However, there is optimism about a trade deal between the US and China. Both countries are major oil consumers. Leaders are expected to meet soon. This meeting could impact global oil demand. Sanctions on Russian oil companies are also a factor.Read More
Game Changers Texfab’s Rs 55-crore SME IPO opens October 28, offering 53.76 lakh shares at Rs 96-Rs 102. The fabric sourcing company, operating TradeUNO Fabrics and ‘Fall in Love’, reported strong FY25 growth with revenue up 18% and net profit surging 183%. Proceeds will fund capex, working capital, and general corporate needs.Read More
PNB Housing Finance shares are expected to see activity after a strong Q2FY26 profit growth of 24 percent. The company’s net profit reached Rs 582 crore. Total income also rose by 13 percent. Brokerage firms like Bernstein and Motilal Oswal have set target prices, indicating confidence in the company’s performance and future growth prospects.Read More
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