Shares of CXMT Corp soared 466% on their Shanghai trading debut on Monday following Asia’s biggest IPO this year, catapulting the chipmaker to the top of China’s stock market by valuation despite a recent selloff in global tech stocks. As US curbs intensify competition in the global semiconductor race, CXMT has emerged as a key…
Shares of Nesco slipped after the company reported a modest increase in consolidated net profit for the June quarter, while operating profitability came under pressure due to lower margins. Consolidated net profit rose 4% to ₹99.96 crore from ₹96.14 crore in the first quarter last year, while revenue from operations increased 9.6% to ₹211.8 crore…
Xtranet Technologies IPO sees strong investor demand, subscribed over 6 times by Day 3; listing expected on July 30. (Image: ET Now) Xtranet Technologies IPO Day 3: The initial public offering (IPO) of IT solutions company Xtranet Technologies has entered in it final day of subscription after getting fully subscribed on Day 1 itself. Xtranet…
IEX Market Coupling Case: The Supreme Court on Monday declined to pass any interim order on the Indian Energy Exchange’s (IEX) plea challenging the proposed implementation of market coupling in the power sector. The Central Electricity Regulatory Commission (CERC) informed the apex court that it would issue the market coupling norms shortly. IEX had approached…
Shares of Container Corporation of India Ltd. (CONCOR) surged as much as 7% on Monday, July 27, after the management, in its post-earnings interaction with CNBC-TV18, raised its full year guidance on Domestic and EXIM volumes, as well as the overall volumes by nearly or more than 100%. During the interaction, CONCOR Chairman & Managing…
Daksh Grover is a journalist who enjoys exploring the world of business and finance, with a particular focus on markets, commodities, and corporate developments. Over the past few years, Daksh has worked in fast-paced newsroom environments where accuracy and speed go hand-in-hand. Whether it’s breaking updates, market trends, or in-depth analytical pieces, he has gained…
Q1 Results Today, July 27, 2026: Several companies are set to announce their April-June quarter (Q1FY27) results today, July 27. Investors are expected to closely track these earnings for updates on business performance, revenue, profit and future outlook. As per BSE results calendar, 68 companies are set to release quarterly earnings today. Also Read: ITR…
Shares of Jindal Steel & Power Ltd. (JSPL) gained as much as 3% in early trade on Monday, July 27, after the company reported a stronger-than-expected June quarter. While most brokerages acknowledged the earnings beat, their outlook on the stock remained divided. Kotak Institutional Equities upgraded the stock to ‘Add’ from ‘Reduce’, although it lowered…
Shares of newly listed Meesho Ltd. shares gained on Monday, July 27, after brokerage firm Motilal Oswal initiates coverage and indicated an upside of 30% from their previous close. Motilal Oswal initiated coverage on Meesho, with a “buy” rating and a price target of ₹240 apiece. In its “bull” case scenario, Motilal Oswal sees a…
Manipal Health Enterprises IPO opens on July 29 with a price band of Rs 560-590 per share, while the Grey Market Premium (GMP) stands at Rs 25. (Image: ET Now) Highlights Manipal Health Enterprises IPO opens on July 29, 2026 Manipal Health Enterprises IPO Price Band: Rs 560-590 per share Manipal Health Enterprises IPO Allotment…
