India currently lacks a strong catalyst to bring foreign institutional investors (FIIs) back in a meaningful way, says Adrian Mowat, Investor at Hong Kong SAR. While investors can selectively accumulate quality companies trading below their long-term valuations, a sustained revival in FII interest will likely depend on better earnings revisions, lower oil prices and Indian…
Dabur India on Friday said it expects to report double-digit growth in both consolidated revenue and profit after tax for the first quarter of FY27, supported by healthy demand across its domestic and international businesses. The company said its India FMCG business is likely to post near double-digit growth during the quarter, while the international…
Jewellery maker Senco Gold Ltd on Friday (July 3) reported a 60% year-on-year increase in standalone revenue for the first quarter of FY27, while same-store sales growth (SSSG) stood at 38%. The jewellery retailer also opened eight new showrooms during the quarter, taking its total network to 208 stores, net of one closure. Retail revenue…
FMCG major Godrej Consumer Products Ltdon Friday (July 3) said it expects consolidated revenue growth in the high-teens for Q1 FY27, supported by strong volume expansion and broad-based performance across domestic and international markets, according to its quarterly business update. The company said the quarter saw volatility in input costs due to crude oil and…
Private lender Suryoday Small Finance Bank Ltd on Friday (July 3) reported a 33% year-on-year increase in gross advances to ₹14,374 crore as of June 30, 2026, while total deposits rose 29% to ₹14,634 crore, according to its provisional business update for the first quarter of FY2027. Disbursements during the quarter stood at ₹2,954 crore,…
Private sector lender YES Bank Ltd on Friday (July 3) reported an 18.4% year-on-year increase in loans and advances to ₹2.85 lakh crore as of June 30, 2026, while deposits rose 14.3% to ₹3.15 lakh crore, according to its provisional business update for the first quarter of FY27. On a sequential basis, loans and advances…
Realty firm Sobha Ltd on Friday (July 3) reported its highest-ever quarterly sales bookings for the first quarter of FY27, with total sales value rising 76% year-on-year to ₹3,656 crore, driven by strong demand for newly launched projects in Bengaluru and Gurgaon. The real estate developer sold 23.35 lakh square feet during the quarter, up…
SBI Funds Management Ltd. is set to launch its initial public offering, which could raise up to $1.2 billion, in the week starting July 13, according to people familiar with the matter, testing investor demand ahead of a busy pipeline of billion-dollar listings in India. The country’s largest asset manager plans to seek a valuation…
Manipal Health Enterprises has secured regulatory approval from the Securities and Exchange Board of India (SEBI) to proceed with its initial public offering, according to sources familiar with the development. The hospital operator is targeting a market debut in late July or early August, subject to prevailing market conditions. The company had filed IPO papers…
Realty firm Max Estates Ltd on Friday (July 3) reported pre-sales of around ₹1,100 crore for the first quarter of FY2027, more than five times higher than the corresponding period last year, led by the fully sold Phase 1 launch of The Terraces and sustained sales across existing projects. The real estate developer sold 487…
