Tata Elxsi reported a 32.5% year-on-year decline in Q2FY26 net profit to Rs 154.81 crore, though sequential growth of 7.2% provided a modest silver lining. Revenue fell to Rs 918.1 crore, with EBITDA margins contracting to 21%. Weakness persisted in healthcare, while Media & Communications and Transportation segments remained resilient. Motilal Oswal maintains a sell rating.Read More
Sihora Industries’ initial public offering opens for bidding on Friday, October 10. The company plans to raise Rs 10.56 crore through this issue. The shares will be listed on the BSE SME platform. The IPO is entirely fresh with no offer for sale component. The tentative share allotment date is October 15.Read More
LG Electronics IPO share allotment is expected today. Investors can check their status online. The IPO saw record subscriptions, drawing bids worth over Rs 4.39 lakh crore. Shares were commanding a grey market premium of Rs 355-360. Refunds and share credits are anticipated on October 13, 2025, with listing on October 14, 2025.Read More
Investors have until today to buy Univastu India shares to qualify for its 2:1 bonus issue, with the ex-date set for October 13. This corporate action, the company’s second bonus issue, aims to boost share capital in line with growth initiatives. The stock has shown consistent returns, gaining over 24% in the past year.Read More
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