Even with the recent market downturn, Wall Street sentiment remains largely overwhelmingly positive. The end of a quiet period for analysts at banks that participated in the IPO ushered in a spate of bullish analyst reports, including Raymond James’ Street-high $800 price target. Source link
Fresh US strikes on Iran could keep oil prices elevated and add pressure on the global and Indian economy, with benchmark Brent crude advancing toward…Read More 1/7 US Stocks | Stocks rose on Wednesday, led by gains in major technology stocks. The S&P 500 rose 0.4% and was on track for a fourth gain in…
Two-wheeler maker Ather Energy Ltd on Wednesday (July 15) approved the launch of its ₹1,300 crore Qualified Institutions Placement (QIP) and fixed the floor price at ₹1,169.70 per equity share for the issue. Ather Energy’s indicative QIP launch price range is ₹1,200-₹1,220 per share, representing a 5.9%-7.4% discount to the last closing price. The equity…
From Himadri Speciality and Angel One reporting their Q1FY27 results to agrochemical company India Pesticides receiving Technical Equivalence (TEQ) ap…Read More 1/11 Himadri Speciality Chemical | The company reported its highest-ever quarterly revenue for the June quarter, with consolidated net profit rising 26.3% year-on-year to ₹230 crore from ₹182 crore. 2/11 Mangalore Refinery and Petrochemicals…
Battery maker Exide Industries Ltd on Wednesday (July 15) said it has invested ₹99.99 crore in its wholly owned subsidiary, Exide Energy Solutions Ltd (EESL), through a rights issue to support the setting up of its greenfield multi-gigawatt lithium-ion cell manufacturing facility in India. The company subscribed to 2,85,71,428 equity shares of face value ₹10…
Technology companies have witnessed some of the sharpest single-day stock declines in market history, wiping out hundreds of billions of dollars in market value. IBM’s 25% plunge on July 16 marked the largest one-day stock crash in its 115-year history, joining the likes of Meta, Intel and Nvidia in the list of the biggest sell-offs….
Ayana Renewable Power Pvt Ltd, a wholly owned subsidiary of ONGC NTPC Green Pvt Ltd, has won a 50 MW wind power project in a tender floated by the Solar Energy Corporation of India Ltd (SECI), according to a regulatory filing. The project was awarded under SECI’s tender for the selection of wind power developers…
MRPL Q1 FY27 results: State-owned Mangalore Refinery and Petrochemicals Ltd (MRPL) swung back into the black, posting a net profit of Rs 945.6 crore in the quarter ended June 30 against a net loss of Rs 270.6 crore in the corresponding quarter of the previous financial year. The miniratna PSU reported a 98.2 per cent…
SEBI introduced a recusal framework for senior officials to avoid conflicts of interest, requiring disclosure of assets and recusals, and allowing public flagging of potential conflicts. By Reuters July 15, 2026, 8:17:23 PM IST (Published) 2 Min Read India’s markets regulator on Wednesday introduced a formal recusal framework requiring its senior officials to step aside from…
Foreign institutional investors (FIIs) extended their selling streak to a third consecutive session on Wednesday, offloading equities worth ₹735.83 crore on a provisional basis, according to exchange data. Domestic institutional investors (DIIs), meanwhile, remained net buyers for a sixth straight trading session, purchasing equities worth ₹704.93 crore. Exchange data showed FIIs bought shares worth ₹13,207.46…
