Ashiana Housing Ltd reported a decline in bookings for the first quarter of FY27, with the area booked falling to 3.61 lakh sq. ft. from 5.95 lakh sq. ft. in the corresponding period last year. The value of the area booked also declined to ₹357.80 crore from ₹430.97 crore year-on-year. During the June quarter, the…
State-owned NMDC Ltd. on Wednesday reported a 44.3% year-on-year increase in iron ore production to 5.15 million tonnes (MT) in June, while sales rose 11.2% to 3.98 MT. On a sequential basis, however, production declined 3% from 5.31 MT in May, while sales slipped 1.5% from 4.04 MT. Chhattisgarh drives production Chhattisgarh remained NMDC’s largest…
Wipro ADRs fell more than 13% on Wednesday, extending recent losses as investor sentiment remained weak amid concerns over the company’s earnings outlook and the growing impact of artificial intelligence on traditional IT services. The stock has been under pressure following weak quarterly earnings and cautious management guidance, with broader concerns building around slowing demand…
Sensex Prediction for Thursday, July 2: As the market participants are shifting their focus to Thursday’s session, focus has shifted to whether the benchmark index can sustain its momentum and reclaim the crucial 77,000-77,500 zone. Sensex Prediction for Thursday, July 2: 30-share BSE Sensex witnessed a sharp 444-point rebound on Wednesday that snapped a two-day…
Coal India Ltd. has secured a 600 MW solar power project in Uttar Pradesh, while separately reporting that its Single Window Mode Agnostic (SWMA) e-auction platform allocated 108.76 lakh tonnes of coal in June at an average premium of 42% over the notified price. CIL wins major solar project in UP The company said it…
A lot has changed, but nothing has changed at the same time for the market. The new month, series, quarter has begun on a positive note but the Nifty remains locked in the same range as it has been for nearly two months. Such has been the consolidation in the market that the Nifty moves…
South Indian Bank reported steady business growth for the first quarter of FY27, with gross advances rising 17.01% year-on-year to ₹1.04 lakh crore from ₹89,198 crore in the corresponding quarter last year. The bank said the figures are provisional and subject to audit by its statutory auditors. Total deposits increased 11.39% year-on-year to ₹1.26 lakh…
The Delhi High Court on Wednesday held that the National Stock Exchange of India (NSEI) is a ’public authority’ under the Right to Information Act. A bench of justices C Hari Shankar and O P Shukla dismissed an appeal by the stock exchange assailing a single judge’s decision which ruled that NSEI qualified as a…
Punjab & Sind Bankreported a 15.33% year-on-year increase in its total business for the quarter ended June 30, supported by healthy growth in both advances and deposits, according to its provisional business update. The bank’s total business rose to ₹2.67 lakh crore from ₹2.31 lakh crore in the corresponding quarter last year. Total deposits increased…
Indian Bankon Wednesday reported a 13.6% year-on-year increase in total business to ₹15.28 lakh crore for the quarter ended June 30, according to its provisional business update. The public sector lender’s gross advances rose 13.9% year-on-year and 2.7% sequentially to ₹6.85 lakh crore, while total deposits increased 13.3% from a year ago and 1.8% from…
