Capri Global MD Rajesh Sharma expects FY25 AUM growth of 40%, driven by branch expansion and tech efficiency, and targets ₹50,000 crore AUM by FY28. With a focus on secured gold and MSME lending, the company aims to sustain 4% ROA and 18% ROE while cutting its cost-to-income ratio to 40% over the next 18...Read More
BPCL reported a 170% YoY surge in Q2 net profit to Rs 6,191 crore, driven by improved refining margins, cost control, and government compensation for LPG under-recoveries, while revenue rose 3% YoY to Rs 1.21 lakh crore despite a sequential decline.Read More
Zen Technologies secured two significant contracts from India’s Ministry of Defence. The deals are valued at Rs 289 crore for upgrading Anti-Drone Systems. These upgrades will be completed within a year. The company aims to enhance national security with advanced drone defence capabilities. This development follows recent operational feedback. Zen Technologies is committed to staying...Read More
Maruti Suzuki share price: Maruti Suzuki reported an 8% YoY rise in Q2 PAT and strong October sales growth, with brokerages like Goldman Sachs, Elara, and Citi maintaining positive outlooks on robust festive demand, improving exports, and upcoming SUV launches driving medium-term performance.Read More
JK Cement reported a 17% year-on-year rise in consolidated profit to Rs 159 crore for Q2 FY26, driven by higher volumes. Revenue grew 18% to Rs 3,019 crore, though margins were pressured by rising costs. The company also expanded capacity at its Prayagraj unit.Read More
Studds Accessories IPO is commanding a grey market premium of ₹67, implying an 11.45% gain over its upper price band of ₹585. This suggests a likely listing price of around ₹652 per share.Read More
Sensex and Nifty were seen retreating after a strong October rally, as weakness in private banks and fast-moving consumer goods stocks weighed on sentiment. Still, momentum from quarterly earnings and monthly auto sales data helped temper the decline.Read More
Nine Nifty500 stocks, including Lodha Developers, Gujarat Fluorochemicals, and Lupin, showed a bullish RSI upswing on October 31, signalling strengthening price momentum.Read More
Parsvnath Developers and Unity Group’s new Delhi mall, ‘Unity One Elegante’, is fully leased, projecting an impressive Rs 120 crore annual rental income. This joint venture, boasting 5 lakh sq ft of leasable space, highlights strong demand for quality retail in the NCR. The mall’s development on 28,400 square meters underscores significant investment in the...Read More
China is planning to issue three- and five-year senior unsecured dollar bonds, according to a term sheet reviewed by Reuters. The potential offering will be structured as 144A/Reg S bonds, allowing sales to both U.S. and international investors.Read More
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