Birla Corporation Ltd, the flagship company of the M P Birla group, on Friday posted a net profit of Rs 90 crore during the second quarter of the 2025-26 financial year with improved profitability in its cement and jute divisions.Read More
Gold’s surge above $4,000 an ounce in 2025 could signal overvaluation, says NYU professor Aswath Damodaran. Comparing gold’s price to inflation and silver ratios, he argues it far exceeds historical medians, driven more by sentiment than fundamentals.Read More
Eyewear retailer Lenskart has received a “Sell” rating from Ambit Capital ahead of its IPO listing, with a target price of Rs 337—16% below the issue price of Rs 402. Ambit cited stretched valuations despite strong growth prospects, cautioning that free cash flows may remain negative until FY28 due to heavy capex plans.Read More
Nine Nifty500 firms, including Navin Fluorine, Waaree Energies, Coforge, and Persistent Systems, have consistently increased their quarterly EPS for four consecutive quarters till September 2025, according to StockEdge data.Read More
State-owned National Aluminium Company Ltd (Nalco) on Friday reported a 36.7 per cent rise in consolidated profit to Rs 1,429.94 crore in the quarter ended September 30, 2025.Read More
HSBC has reiterated its bullish outlook on India, setting a Sensex target of 94,000 by end-2026. The brokerage sees India as a key diversification play away from crowded AI trades, expecting earnings recovery in 2026 and improved valuations following recent market corrections.Read More
Power Finance Corporation (PFC) has declared a second interim dividend of Rs 3.65 per share for FY26, with November 26 as the record date and payment by December 6. The PSU NBFC reported a 2% YoY rise in standalone net profit to Rs 4,462 crore for Q2FY26.Read More
Trent Ltd reported an 11% year-on-year increase in second-quarter consolidated profit to Rs 377 crore, with revenues rising 16% to Rs 4,818 crore. For the first half of FY26, revenue surged 18% to Rs 9,701 crore, and net profit jumped 21% to Rs 798 crore.Read More
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