Indian markets and investors will closely track developments in West Asia and crude oil prices after oil crossed the $100 per barrel mark amid escalat…Read More 1/8 US Markets | US equities fell on Thursday, as oil prices surged amid escalating conflict in the Middle East. The Dow Jones Industrial Average lost 538 points, or…
Crude futures surged nearly 6% in the domestic market on Thursday, as the global benchmark Brent oil reclaimed the $100 a barrel level amid escalating tensions in West Asia. Analysts said the escalation in the Red Sea region has raised fears of fresh disruptions to global energy supplies. On the Multi Commodity Exchange, crude futures…
From Motilal Oswal Financial Services Ltd reporting a 14.04% year-on-year increase in operating profit to InterGlobe Aviation reporting a consolidated…Read More 1/7 InterGlobe Aviation | The parent of IndiGo, reported a consolidated net loss of ₹238 crore for the June quarter, compared with a net profit of ₹2,176 crore a year earlier, as elevated aviation…
A block deal has been launched in third-party logistics firm Shadowfax Technologies Ltd, with Eight Roads, Flipkart and IMM India Fund proposing to sell up to a 9.08% stake in the company. Shares worth ₹1,047.5 crore are being offered in the block deal, with the floor price set at ₹197 per share. The offer price…
Foreign institutional investors remained net sellers of Indian equities on July 23, offloading shares worth ₹2,999.23 crore on a provisional basis, according to exchange data. Domestic institutional investors (DIIs), meanwhile, continued to support the market, purchasing equities worth a net ₹2,947.14 crore during the session on a provisional basis. FIIs bought equities worth ₹11,472.08 crore…
Motilal Oswal Financial Services Ltd on Thursday (July 23) reported a 14.04% year-on-year increase in operating profit to ₹609 crore for the first quarter of FY27, compared with ₹534 crore in the year-ago period. The Asset and Private Wealth Management business reported a 46% year-on-year rise in operating profit after tax (PAT) to ₹335 crore…
Shares of Infosys Ltd‘s American Depositary Receipts (ADR) fell more than 4% in US trading after the IT major reported June quarter earnings, trimmed the upper end of its FY27 revenue growth guidance and announced a planned CEO transition. The ADR declined 4.42% to $10.48 in pre-market trading after ending Thursday’s regular session at $10.93…
Shares of Suryoday Small Finance Bank Ltd ended at ₹194.90, up by ₹13.80, or 7.62%, on the BSE. 1 Min Read Private lender Suryoday Small Finance Bank Ltd on Thursday (July 23) reported a 114% year-on-year rise in net profit to ₹75 crore for the first quarter of FY27, compared with ₹35 crore in the…
Real estate company Mahindra Lifespace Developers Ltd on Thursday (July 23) reported a 67% year-on-year rise in consolidated profit after tax (PAT) to ₹86 crore for the first quarter of FY27, driven by higher sales and revenue. Consolidated sales across the residential and Integrated Cities & Industrial Clusters (IC&IC) businesses rose 70% year-on-year to ₹966…
Electronic Manufacturing Services (EMS) firm Cyient Ltd on Thursday (July 23) reported a 90% quarter-on-quarter increase in consolidated net profit to ₹104 crore for the first quarter of FY27, compared with ₹55 crore in the previous quarter. Revenue rose 7.7% sequentially to ₹2,076 crore from ₹1,927 crore, while earnings before interest and taxes (EBIT) increased…
