Capital Small Finance Bank saw a 5% net profit rise to Rs 35 crore, despite higher provisions and a slight asset quality dip. Satin CreditCare, an NBFC-MFI, reported a robust 19% net profit increase to Rs 45 crore, with improved margins. Dhanlaxmi Bank turned profitable with Rs 12.18 crore net profit, driven by a significant...Read More
Groww set its ₹6,632 crore IPO price band at ₹95–100 per share, with a mix of fresh issue and offer for sale. The ₹2 face-value shares are priced at 47.5–50 times face value, and investors can bid for a minimum of 150 shares.Read More
Market expert Rajat Sharma is bullish on banking and IT sectors for the next 12-18 months, citing government reforms and AI adoption. He observes rising consumption boosting logistics but remains cautious on autos due to the EV transition and expensive valuations in mutual fund companies.Read More
Maruti Suzuki is poised for a steady second-quarter performance, with revenue projected to rise around 8% and profit up 18% year-on-year. While strong exports and better pricing are expected to boost topline, higher input costs and new plant expenses may temper margin gains.Read More
Axis Mutual Fund sees an end to India’s earnings estimate downgrades. Ashish Gupta, Chief Investment Officer, anticipates catalysts to boost earnings across key sectors. Loan growth and potential tax cuts could benefit banks, consumption, and automobiles. While valuations are high, earnings growth for the next financial year is projected to be robust and broad-based.Read More
On Thursday, Indian stock markets began the day on a sour note, with both the Sensex and Nifty taking a dip in response to international market cues. The backdrop of a predicted interest rate reduction by the U.S. Federal Reserve, which hinted that this could be the final cut until 2025, understandably rattled investors. Furthermore,...Read More
The US Fed cut rates by 25 bps for a second straight meeting, lowering the benchmark range to 3.75–4% and ending its balance sheet runoff from December 1. Chair Jerome Powell cautioned against expecting another cut soon, signalling a data-driven approach as the Fed balances a cooling job market with persistent inflation risks.Read More
The Bank of Japan held interest rates steady at 0.5% but signaled readiness to hike further if economic projections align. Despite two board members dissenting for a hike, the BOJ slightly boosted its growth and inflation forecasts. Governor Ueda’s upcoming briefing will be key for clues on future rate moves amid global economic uncertainties and...Read More
Varun Beverages reported an 18.5% YoY rise in Q3 CY2025 profit to Rs 745 crore, supported by lower finance costs and higher other income, even as margins softened. The company also announced a strategic global expansion, entering the alcoholic beverages market in Africa through a Carlsberg partnership and setting up a new subsidiary in Kenya.Read More
PB Fintech, the parent of Policybazaar and Paisabazaar, reported a 165% YoY jump in consolidated net profit to Rs 135 crore for Q2 FY26, marking one of its strongest quarters since listing. Operating revenue grew 38% to Rs 1,614 crore, driven by robust insurance business performance, improved margins, and enhanced operating efficiency.Read More
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