Crompton Greaves Consumer Electricals reported a 41% YoY drop in Q2 FY25 net profit to Rs 75 crore, though revenue rose 1% to Rs 1,916 crore. Margins weakened due to commodity inflation and higher costs, but subsidiary Butterfly Gandhimathi posted double-digit growth. The company entered the solar rooftop segment with Rs 500 crore in new...Read More

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Infosys shares are under scrutiny as the record date for its Rs 18,000 crore share buyback approaches on November 14. This marks the company’s largest buyback ever, despite recent stock underperformance. The IT giant reported strong Q2 FY26 results with a 13% net profit increase and revised revenue guidance upwards.Read More

Life Insurance Corporation of India shares saw a significant jump. The company reported a strong 31 percent rise in its net profit for the July-September quarter. Global brokerage Citi has given a ‘Buy’ rating. They see a potential 50 percent upside for the stock. This positive outlook is driven by LIC’s performance and business strategy.Read More

Lenskart’s IPO grey market premium has dropped 70% from its peak, signaling investor caution despite strong subscription numbers. Analysts point to valuation concerns, suggesting muted listing gains, though the company’s robust business model and growth potential in India’s eyewear market are acknowledged as long-term positives.Read More

Pine Labs IPO: In its IPO report, SBI Securities gave Pine Labs a ‘Subscribe for long-term’ recommendation, highlighting the company’s strong growth prospects, improving profitability, and large market opportunity. The brokerage said the fintech firm is well placed to tap into the Rs 276 trillion digital payments market projected by FY29.Read More

Investors have a final chance today to buy Power Grid Corporation of India shares for a Rs 4.50 interim dividend. The stock will trade ex-dividend from November 10. This dividend is for the financial year 2025-26. Eligible shareholders will receive the payout on December 1. Other companies also have ex-dividend dates soon.Read More

Curis Lifesciences launched its Rs 27.5 crore SME IPO on November 7, aiming to raise funds for infrastructure expansion and working capital. The company, which focuses on contract manufacturing and exports, reported strong revenue and profit growth in FY25. The IPO will close on November 11, with shares set to list on the NSE SME...Read More

Shining Tools, a precision carbide cutting tool manufacturer, launched its Rs 17.1 crore SME IPO on November 7. The company aims to boost manufacturing capacity and working capital. With strong recent financial growth and high profit margins, the IPO proceeds will fund new machinery and expansion, capitalizing on India’s growing manufacturing sector.Read More

Japan’s Nikkei index experienced a significant weekly decline, its largest since April, driven by a sell-off in heavyweight tech stocks mirroring U.S. market trends. Concerns over stretched valuations and disappointing corporate earnings impacted major players like SoftBank and Advantest. Despite a strong October rally, a cautious market sentiment emerged, with investors now closely watching upcoming...Read More