Foreign institutional investors remained net buyers of Indian equities on Wednesday, purchasing shares worth ₹2,981.87 crore on a provisional basis. Domestic institutional investors (DIIs) also extended their buying streak, with provisional net purchases of ₹998.02 crore during the session. According to exchange data, FIIs bought equities worth ₹17,358.31 crore and sold shares worth ₹14,376.44 crore,…
Real estate developer Prestige Estates Projects Ltd on Wednesday (July 29) reported a consolidated net profit of ₹235.9 crore for the first quarter of FY27, compared with ₹292.5 crore in the corresponding quarter last year, registering a 19.4% year-on-year decline. Revenue from operations increased 15.9% year-on-year to ₹2,675.1 crore during the quarter from ₹2,307.3 crore…
Business hospitality company Chalet Hotels Ltd on Wednesday (July 29) reported a consolidated net profit of ₹86 crore for the first quarter of FY27, compared with ₹203 crore in the corresponding quarter last year, registering a 57.6% year-on-year decline. Revenue stood at ₹512.2 crore during the quarter, compared with ₹894.5 crore in the year-ago period,…
Piramal Pharma reported a narrower net loss for the first quarter of FY27, aided by strong revenue growth and a sharp improvement in operating performance across its businesses. The company posted a consolidated net loss of ₹69.39 crore for the quarter, compared with a loss of ₹81.7 crore in the same period last year. Revenue…
State-run construction company NBCC (India) Ltd has signed a formal agreement with the Government of Seychelles to execute a $75 million (around ₹650 crore) affordable housing project, converting an earlier letter of intent into a full-fledged contract. The project involves the construction of 1,008 affordable housing units at Île Aurore in Seychelles, along with associated…
Hyderabad-based drug major Dr Reddy’s Laboratories Ltd on Wednesday (July 29) said the United States Food and Drug Administration (USFDA) has completed a Pre-Approval Inspection (PAI) and Good Manufacturing Practices (GMP) inspection at its FTO-SEZ Process Unit-02 in Srikakulam, Andhra Pradesh. The inspection was conducted from July 20, 2026, to July 29, 2026. Following the…
Nithin Kamath, founder and CEO of Zerodha on Wednesday has expressed serious concerns about the growing use of Margin Trading Facility (MTF) in the Indian stock market. He compared the situation to the current problems in the Korean markets. What is worrying Nithin Kamath? In a detailed post on microblogging website X, Nithin has said…
Sun Pharmaceutical Industries has received approval from Brazil’s health regulator ANVISA to manufacture and market semaglutide injections in the South American country for adults with inadequately controlled Type 2 diabetes, the company informed exchanges on Wednesday. The drugmaker plans to launch the product in the coming days through a partnership with Hypera Pharma, one of…
Digital and technology services company, Hexaware Technologies reported a 6.2% sequential decline in net profit for the second quarter of calendar year 2026, even as revenue and operating profit grew and margins improved. The IT services company posted a net profit of ₹330 crore for the quarter, compared with ₹352 crore in the previous quarter….
Adani stocks: Adani Enterprises reported a consolidated net loss of Rs 1,160 crore for the reporting quarter, compared with a profit of Rs 885 crore a year earlier. Adani Group flagship firms – Adani Enterprises Ltd (AEL) and Adani Ports and Special Economic Zone Ltd. (APSEZ) – on Wednesday reported robust top-line growth and record…
