Bharti Hexacom shares: The telecom operator posted a strong September quarter, with net profit surging 66.4% year-on-year to Rs 421 crore and revenue rising 10.5% to Rs 2,317 crore, driven by higher mobile ARPU and robust growth in its Homes and Offices segment.Read More

Bharti Airtel’s Q2 performance signals strong growth ahead, with ARPU rising to ₹256, a 48%+ EBITDA margin, and a revived Africa business boosting revenues. Geojit Investments’ Gaurang Shah expects ARPUs to touch ₹275–300 in the coming quarters and a possible tariff hikes by late 2025 could strengthen Airtel’s profitability and sector-wide earnings outlook.Read More

The Indian Rupee has recovered from its record low, gaining 21 paise to trade at 88.56 against the US dollar. This rebound is attributed to a decrease in global crude oil prices. However, the Rupee still faces pressure from a strong dollar and foreign fund outflows from the capital market.Read More

Post ContentRead More

India’s auto sector shows renewed vigor post-GST rate rationalization, with passenger vehicles leading the recovery and two-wheelers showing optimism. Commercial vehicles, however, are expected to take longer to rebound, linked to broader capital expenditure. Meanwhile, investors are advised caution on IPOs, urging a wait for financial clarity post-listing.Read More

India’s upcoming IPOs from Lenskart and Groww spark a valuation debate. Lenskart, a retail giant, faces scrutiny over its high P/E ratio despite strong revenue, while digital broker Groww, already profitable, offers a scalable, asset-light model. Investors weigh growth potential against valuation concerns and regulatory risks.Read More

The Rs 54.84-crore public issue, which was open for subscription between October 28 and October 30, saw a moderate response from investors. It was subscribed 1.17 times overall, with the retail investor portion booked 1.18 times, the non-institutional investor (NII) category subscribed 1.48 times, and the qualified institutional buyer (QIB) portion receiving 1.01 times bids.Read More

As the sun rose on Tuesday, the Indian stock markets, notably the Sensex and Nifty, opened lower, reflecting a climate of hesitance among investors. The looming shadow of the U.S. Federal Reserve’s impending interest rate decisions has added to the uncertainty. Alongside, the recent lackluster corporate earnings and ambiguous discussions on trade between the U.S.Read More

The Indian IPO market faces a Rs 1 lakh crore debate as Lenskart and Groww seek high valuations, prompting questions about Sebi’s role. Experts state Sebi’s mandate is disclosure, not valuation policing, leaving the onus on investors to assess fairness amidst subjective pricing and market hype.Read More

Since the equity markets will remain closed on November 5 due to a holiday due to Guru Nanak Gurpurab, and HPCL’s ex-dividend date is set for November 6, today becomes the effective deadline for investors to secure eligibility.Read More