Morgan Stanley acquired 40,000 shares in Shaily Engineering Plastics through block deals. Promoters Amit Mahendra Sanghvi and Laxman Sanghvi sold some of their holdings. Motilal Oswal Mutual Fund and S I Investments Broking Pvt Ltd were also buyers. Shaily Engineering Plastics, a multibagger, reported strong Q2 results with a 134% jump in net profit and...Read More

During the September quarter, Sun TV Networks reported a 13.37% decrease in profits after tax, totaling Rs 354.69 crore. Significant reductions were observed in revenue from operations; however, the company’s total income benefited from diversification through other sources and cricket franchise profits.Read More

Bitcoin has fallen below $96,000, its lowest in six months. This happened as risky assets faced pressure. Expectations for a December rate cut by the U.S. Federal Reserve have decreased. Markets now see a 50% chance for a cut. Ether also saw a decline. This marks Bitcoin’s third weekly fall.Read More

LG Electronics India posted steady Q2 performance despite GST-linked disruptions, reporting 1% revenue growth, industry-leading 8.9% EBITDA margin, and strong market share gains across TVs, refrigerators and ACs. With localization, price hikes, premiumization and revived demand set to lift margins, the company expects a stronger Q3–Q4 and a return toward double-digit profitability in FY26.Read More

LG Electronics India posted steady Q2 performance despite GST-linked disruptions, reporting 1% revenue growth, industry-leading 8.9% EBITDA margin, and strong market share gains across TVs, refrigerators and ACs. With localization, price hikes, premiumization and revived demand set to lift margins, the company expects a stronger Q3–Q4 and a return toward double-digit profitability in FY26.Read More

Investors are showing renewed confidence in State Bank of India. Both foreign and domestic institutions are raising their stakes. SBI reported strong earnings momentum. Analysts maintain a positive outlook. The bank’s performance in loans, net interest margin, and asset quality is favorable. SBI’s share price is near its 52-week high. The stock shows a strong...Read More

Goswami Infratech, part of Shapoorji Pallonji Group, is seeking global investors for a large bond sale. The company plans to raise approximately 250 billion rupees. This funding will be used to refinance existing debt and for corporate needs. The bond sale is expected to conclude by January-end.Read More

Stablecoins have crossed $3.1 trillion in daily transactions, surpassing Visa and nearing US ACH volumes. Their market cap has topped $300 billion as they rapidly evolve into a programmable payments layer enabling faster, cheaper and more open digital transactions across the Internet.Read More

Benchmark indices reversed early losses to close higher for a fourth straight session, aided by gains in financials, pharma and FMCG. Key movers included Ipca, Jubilant FoodWorks, Groww, Pine Labs, TARIL, and IT stocks reacting to profit booking and earnings updates.Read More

Kotak Bank stock split: Kotak Mahindra Bank, India’s third largest private lender by market value, said its board will consider a proposal to split its shares on November 21.Read More