Textiles and apparel company Raymond Ltd on Monday (May 25) said its board has approved raising up to ₹330.88 crore through the issuance of 66.57 lakh convertible warrants on a preferential basis. The instruments will be issued at ₹497 per warrant, including a premium of ₹487 per warrant, by way of preferential issue on a…
One 97 Communications Limited said on Monday, May 25, its wholly-owned subsidiary, Paytm Cloud Technologies Limited (PCTL), has approved an additional investment of €9 million in Paytm Europe Payments SA, its wholly-owned European arm. The investment will be made through subscription to nine million equity shares of €1 each. Paytm Europe, incorporated on January 12,…
Navratna PSU under the Railway Ministry, Rail Vikas Nigam Ltd (RVNL), on Monday, May 25, reported a 58.9% year-on-year decline in consolidated net profit for the fourth quarter of FY26 to ₹187.1 crore, compared with ₹455.4 crore in the same period last year. Revenue increased 4.2% year-on-year to ₹6,696 crore from ₹6,427.1 crore. EBITDA fell…
Auto, PSU Banks, and Rail stocks in focus. EXCLUSIVE: Indian equity markets traded firmly in the green during the session, supported by gains in banking, auto, realty and railway-related stocks. The benchmark Nifty index is holding above the crucial 23,980 mark, while Bank Nifty has surged close to 1.7 per cent, crossing the 55,000 level…
EBITDA declined 3.6% to ₹197.4 crore from ₹204.9 crore in the year-ago quarter. The EBITDA margin narrowed to 9.9% from 11.9% YoY. Shares of Aditya Birla Fashion and Retail Ltd ended at ₹67.46, down by ₹0.050, or 0.074%, on the BSE today, May 25. 1 Min Read Aditya Birla Fashion and Retail Ltd (ABFRL) on…
The Securities and Exchange Board of India has proposed a comprehensive framework for the introduction and management of strike prices for options contracts across exchanges, aimed at improving trading continuity and ensuring the availability of options contracts during periods of heightened market volatility. In a consultation paper released on Monday, the market regulator said the…
Finance Minister Nirmala Sitharaman on Monday, May 25, said the government is examining multiple proposals and suggestions to make the existing Gold Monetisation Scheme (GMS) more attractive in an effort to discourage gold imports and reduce pressure on foreign exchange reserves. “Looking into many proposals and suggestions on how to make the existing Gold Monetisation…
State-run defence electronics company, Bharat Electronics Ltd (BEL), on Monday (May 25), said it has secured additional orders worth ₹608 crore since its last disclosure on May 5, 2026. The Navratna defence public sector undertaking said the major orders received include communication equipment, avionics, information fusion centre, coastal surveillance radar systems, seekers, jammers, tank sub-systems,…
The company posted a consolidated net profit of Rs 241.38 crore in the fourth quarter of FY26, up 37.22 per cent from the corresponding period last year. Revenue from operations rose 1.81 per cent year-on-year to Rs 4,559.79 crore during the quarter. Profit before tax (PBT) for the quarter increased 37.44 per cent to Rs…
Stock Market Closing: Benchmark indices Sensex and Nifty traded sharply higher on Monday, May 25, amid hopes of a potential US-Iran deal nearing completion. Analysts said valuations in the Indian market have eased but are yet to turn attractive. They remained cautious, pointing out that earlier reports of a possible US-Iran agreement had not materialised….
