Suprajit Engineering Limited on Monday, May 25, reported a sharp spurt in earnings for the fourth quarter ended March 31, 2026. Net profit surged to ₹71.1 crore from ₹27.2 crore in the year-ago period, driven by strong revenue growth and margin expansion. Revenue for the quarter rose 18.8% year-on-year to ₹1,041.9 crore, its highest. This…
The bulls have gotten what they wanted. After weeks of being stuck in a range, the Nifty is finally back above 24,000. It took exactly two weeks of going nowhere for the index to finally break out from the range. Going into Tuesday’s monthly expiry session, the bulls would definitely be the happy campers, as…
Rapid-commerce firm Zepto Ltd. is preparing to publicly file in the first half of June for an initial public offering that may raise up to $1 billion, according to people familiar with the matter. The 10-minute delivery platform is likely to begin investor roadshows later next month, and is targeting an IPO launch as early…
Textiles and apparel company Raymond Ltd on Monday (May 25) said its board has approved raising up to ₹330.88 crore through the issuance of 66.57 lakh convertible warrants on a preferential basis. The instruments will be issued at ₹497 per warrant, including a premium of ₹487 per warrant, by way of preferential issue on a…
One 97 Communications Limited said on Monday, May 25, its wholly-owned subsidiary, Paytm Cloud Technologies Limited (PCTL), has approved an additional investment of €9 million in Paytm Europe Payments SA, its wholly-owned European arm. The investment will be made through subscription to nine million equity shares of €1 each. Paytm Europe, incorporated on January 12,…
Navratna PSU under the Railway Ministry, Rail Vikas Nigam Ltd (RVNL), on Monday, May 25, reported a 58.9% year-on-year decline in consolidated net profit for the fourth quarter of FY26 to ₹187.1 crore, compared with ₹455.4 crore in the same period last year. Revenue increased 4.2% year-on-year to ₹6,696 crore from ₹6,427.1 crore. EBITDA fell…
Auto, PSU Banks, and Rail stocks in focus. EXCLUSIVE: Indian equity markets traded firmly in the green during the session, supported by gains in banking, auto, realty and railway-related stocks. The benchmark Nifty index is holding above the crucial 23,980 mark, while Bank Nifty has surged close to 1.7 per cent, crossing the 55,000 level…
EBITDA declined 3.6% to ₹197.4 crore from ₹204.9 crore in the year-ago quarter. The EBITDA margin narrowed to 9.9% from 11.9% YoY. Shares of Aditya Birla Fashion and Retail Ltd ended at ₹67.46, down by ₹0.050, or 0.074%, on the BSE today, May 25. 1 Min Read Aditya Birla Fashion and Retail Ltd (ABFRL) on…
The Securities and Exchange Board of India has proposed a comprehensive framework for the introduction and management of strike prices for options contracts across exchanges, aimed at improving trading continuity and ensuring the availability of options contracts during periods of heightened market volatility. In a consultation paper released on Monday, the market regulator said the…
Finance Minister Nirmala Sitharaman on Monday, May 25, said the government is examining multiple proposals and suggestions to make the existing Gold Monetisation Scheme (GMS) more attractive in an effort to discourage gold imports and reduce pressure on foreign exchange reserves. “Looking into many proposals and suggestions on how to make the existing Gold Monetisation…
