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PhysicsWallah’s upcoming IPO highlights unusual risks. Incidents like a falling fan and student altercations have tested the edtech firm’s reputation. The company is expanding offline, introducing new safety measures. Despite these challenges, the Indian education market offers significant growth potential for PhysicsWallah. The IPO aims to fund further expansion and strengthen its hybrid model.
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India’s tech startup IPOs have seen a mixed bag since 2021, with 25 companies listing and generating an average 42% gain. Despite debates over high valuations like Lenskart’s, four multibaggers have emerged, while eight have become losers.
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Baazar Style Retail reported a sharp turnaround in Q2FY26 with a consolidated net profit of Rs 51 crore, compared to a loss last year. Revenue surged 71% year-on-year to Rs 532 crore, while PAT jumped over 2,400% sequentially. Total income rose to Rs 535 crore despite higher expenses. The value fashion retailer, backed by Rekha...
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Eight Nifty500 stocks, including UNO Minda, Balrampur Chini, and JB Chemicals, formed a bullish “White Marubozu” candlestick pattern on November 10, signalling strong buying momentum.
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Three major Indian state-run firms are set to issue bonds worth approximately $1 billion. NaBFID, Power Grid Corp, and HUDCO aim to raise around 90 billion rupees through medium to long-term notes. This comes as corporate bond yields have softened, driven by central bank actions and a scarcity of high-quality, long-duration debt, signaling strong investor...
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Oil and Natural Gas Corporation (ONGC) reported an 18% year-on-year decline in net profit for the July-September quarter, primarily due to lower oil prices. Despite this, the company declared an interim dividend and approved strategic investments in renewable energy and ethane transportation ventures.
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Pine Labs’ Rs 3,900 crore IPO faces lukewarm investor demand on its final day, with just 54% subscription and a weak grey-market premium. Despite improving financials and long-term growth prospects, analysts advise cautious optimism, citing subdued sentiment and limited short-term gains from listings.
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Groww’s IPO grey market premium has dropped significantly, but analysts remain optimistic about a modest listing gain. Despite a cautious market sentiment following recent weak debuts, the fintech platform’s strong subscription and improving financials suggest potential for long-term growth. Investors are advised to consider holding for the medium to long term.
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Britannia Industries’ shares fell after Varun Berry resigned as Vice-Chairman, MD, and CEO with immediate effect on November 10, 2025. The board appointed Rakshit Hargave as the new MD and CEO, effective December 15, while CFO N. Venkataraman will serve as interim CEO until then.
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Ather Energy posted its highest-ever quarterly revenue at Rs 941 crore in Q2 FY26, with net loss narrowing to Rs 154 crore. Strong demand for the Rizta and 450 series boosted volumes, market share, and margins. Adjusted gross margin rose to 22%, while EBITDA loss improved. The company expanded its retail footprint to 524 stores,...
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