Real estate developer Kalpataru Ltd reported a steady operational performance for the June quarter, with pre-sales rising 6% year-on-year to ₹1,329 crore and collections increasing 17% to ₹1,365 crore, reflecting healthy customer demand and execution momentum. The figures are provisional and subject to limited review. The company clocked pre-sales of ₹1,329 crore during the quarter,…
Puravankara shares surged nearly 17% on Monday, July 13, after the company reported its business update for the first quarter of the financial year 2027. This is the stock’s biggest single-day gain since April 9, 2025, when it had surged 19.3%. The real estate developer reported pre-sales of ₹1,439 crore for the quarter, up 28%…
Shares of Tata Motors Passenger Vehicles Ltd. can rise nearly 13% as per brokerage firm Macquarie, who upgraded the stock on Monday, July 13. Macquarie has upgraded Tata Motors PV to “outperform” from “neutral”, and it has increased its price target to ₹381 from ₹367 earlier. The brokerage said the stock benefits from a favourable…
India’s manufacturing sector is entering a stronger phase of growth as recent free trade agreements (FTAs) and a weaker rupee create fresh opportunities for both exports and import substitution, according to Vikas Khemani, Founder of Carnelian Asset Management and Advisors. “Both of them have a multiplier impact and are likely to give a significant advantage…
HG Infra Engineering Ltd.on Monday said it has been declared the L1 (lowest) bidder by the Department of Skill, Employment & Entrepreneurship, Government of Rajasthan. The company said the ₹241 crore project involves upgrading Industrial Training Institutes (ITIs) in the Bhiwadi cluster under the National Scheme for ITI Upgradation. ITIs are government-run vocational training institutes…
The equity benchmark indices BSE Sensex and NSE Nifty staged a smart recovery from lower levels to end almost unchanged on Monday (July 13). The Sensex gained 47 points to close at 77,616, while the Nifty added 4 points to settle at 24,211, holding above the 24,200 mark. Here are the key factors that helped…
Shares of Happiest Minds Technologies Ltd. surged as much as 8% on Monday, July 13, after sources in the know told CNBC-TV18 that its promoter Ashok Soota is in advanced talks to sell his controlling stake in the company. According to these sources, select Private Equity (PE) players are also in the race to acquire…
The world’s largest commodities exchange is preparing to bring gold trading into the era of always-on markets. From July 24, the Chicago Mercantile Exchange (CME) plans to launch a new one-ounce gold futures contract that can be traded 24 hours a day, seven days a week. The move reflects growing pressure on traditional exchanges to…
Nifty Prediction Today, July 14: Technical analysts believe the 24,000 level has emerged as a crucial support, while 24,300-24,500 remains the immediate upside zone. Nifty Prediction Today, 14 July: Indian benchmark indices are likely to remain range-bound with a positive bias on Tuesday, July 14, after staging a sharp intraday recovery in today’s previous session…
HCL Technologies reduced its workforce by 3,292 employees during the June quarter, marking its sharpest quarterly decline in headcount in a year even as India’s third-largest IT services company delivered a strong set of earnings and maintained stable employee retention. The company’s total employee count stood at 223,889 as of June 30, down from 227,181…
