Indian equities could be headed for an upside breakout if geopolitical risks remain contained, with banking and information technology (IT) expected to lead the move, according to Gautam Shah, Founder of Goldilocks Global Research. He believes the broader market still offers better opportunities than large-cap stocks and expects India’s relative performance against global markets to…
Central Bank of India reported a 13.3% year-on-year rise in net profit for the June quarter, aided by strong growth in core income and lower provisioning, while asset quality remained largely stable. The state-owned lender posted a standalone net profit of ₹1,324 crore for the quarter ended June 30, 2026, compared with ₹1,169 crore in…
IRDAI may let Prudential Plc keep its full stake in ICICI Prudential Life after declassification, sources say. Final approval expected by late 2026. By Yash Jain July 17, 2026, 2:29:19 PM IST (Published) 1 Min Read The Insurance Regulatory and Development Authority of India (IRDAI) is likely to allow UK’s Prudential Plc to retain its…
Shares of Havells India Ltd. declined on Friday, July 17, in response to its June quarter results that were reported, and were largely subdued on the operating front. However, the stock recovered soon after as the management expressed confidence in its margin trajectory. Havells India’s profit declined by 15.4% for the June quarter to ₹298…
Waaree Energies Ltd has secured an additional order for the supply of 212 MW solar modules from an international customer that owns and manages utility-scale renewable power projects, the company said in a regulatory filing on Friday, July 17. The latest order is incremental to an existing 350 MW order from the same customer, taking…
JSW Steel Ltd reported a stronger-than-expected performance for the June quarter, beating CNBC-TV18 estimates across all key financial metrics as higher steel realisations, robust sales and improved operating efficiencies drove a sharp rise in profitability. The steelmaker posted a consolidated net profit of ₹4,696 crore for the quarter, more than doubling from ₹2,209 crore a…
Rail Vikas Nigam Ltd (RVNL) has signed a memorandum of understanding (MoU) with the Government of Goa to collaborate on the development and implementation of infrastructure projects in the state, the company said in a stock exchange filing on Friday. Under the agreement, the two parties will work together to identigy and implement infrastructure projects…
JSW Steel Ltd. on Friday, July 17, approved its participation in the proposed initial public offering (IPO) of its associate JSW One Platforms Ltd. (JOPL) by selling shares worth up to ₹811 crore through an offer for sale (OFS), In an exchange filing, the company’s board approved the sale of equity shares with a face…
Indian equity benchmarks ended with strong gains on Friday, led by banking stocks, information technology shares and Reliance Industries. The BSE Sensex rose 965 points to close at 78,151, while the Nifty 50 advanced 262 points, or about 1%, to settle at 24,334. The rally came even as the broader market underperformed. The Midcap Index…
Oberoi Realty Ltd reported a healthy set of earnings for the June quarter, driven by strong revenue growth and improved operating profitability, while also rewarding shareholders with an interim dividend as it continues to expand beyond its home market of Mumbai. The Mumbai-based real estate developer reported a 29% year-on-year rise in consolidated net profit…
