Manipal Health IPO: Temasek-backed firm sets Rs 560-590 price band for issue
Manipal Health IPO: Temasek-backed firm sets Rs 560-590 price band for Indian issue Source link
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Solara Active Pharma shares jump 5% as Q1 profit rises 55%; Ibuprofen business remains a drag
Shares of Solara Active Pharma Sciences rose 5% on the NSE after the company reported a 55% year-on-year jump in consolidated net profit for the June quarter, driven by higher revenue, according to an exchange filing. The company posted a net profit of ₹16.3 crore for the quarter ended June 30, compared with ₹10.5 crore…
Global stock market today: Wall Street ends lower as Tesla tanks 14%, Alphabet drops 7%; Indian equities brace for weak start – Markets
Global Market Today: US stocks tumbled amid soaring oil prices and geopolitical tensions, led by sharp declines in Tesla and Alphabet, while Gift Nifty signalled a weak start for Indian markets. (Image: Canva/ET Now) Global Stock Market Today: Wall Street ended Thursday’s (July 24) session on a weaker note as rising oil prices, driven by…
Life insurance stocks in India are valued less despite good growth
Data shows that investors are willing to pay much less for the future profits of life insurance players than what they did about a decade ago. What explains this derating? By Yash Jain July 23, 2026, 3:16:27 PM IST (Updated) The country’s five listed life insurance players—SBI Life Insurance, HDFC Life Insurance, ICICI Prudential Life…
Intel beats estimates in Q2 with strongest revenue growth in 15 years
Intel Corp. the chip manufacturer, beat expectations for the second quarter on Thursday, July 23, having reported its fastest revenue growth for any quarter since 2011, along with giving guidance that was better than estimates. The stock, which has already gained 170% so far this year, saw volatile moves in afterhours trade post the results…
US Market Sell-Off: Dow Jones falls 500 points after crude rally; Alphabet, Tesla drag Nasdaq
Benchmark indices on Wall Street fell on Thursday, July 23, after crude oil prices rallied past the mark of $100 a barrel for the first time since May over escalating tensions between the US and Iran, along with a rally in bond yields. The Dow Jones fell 500 points. At the day’s low, the index…
Sensex, Nifty fall explained: What’s weighing on Indian markets?
The equity benchmark indices extended its losing streak to a fourth consecutive session on Thursday (July 23), with the Sensex falling 394 points to 76,365 and the Nifty declining 127 points to 23,870. Here’s what drove the market lower:Financial stocks remained under pressure Banks and financial stocks weighed on the benchmarks during the session, tracking…
IRB InvIT Q1 profit falls 20% despite 66% jump in revenue on new asset additions
IRB InvIT Fund reported a 20.2% year-on-year decline in consolidated profit after tax (PAT) to ₹79.4 crore for the quarter ended June 30, 2026, from ₹99.6 crore a year earlier, even as revenue surged following the addition of new highway assets. Revenue from operations rose 66.4% to ₹474.6 crore from ₹285.2 crore, while earnings before…
Oracle may sell stake in OFSS to gauge investor appetite amid credit pressure: Exclusive
Oracle Corp is exploring a potential stake sale in its listed Indian subsidiary, Oracle Financial Services Software Ltd. (OFSS), as the US technology giant looks to strengthen its financial flexibility amid rising capital expenditure and mounting credit pressure, CNBC-TV18 has learnt from sources. According to sources, Oracle Corp has sent out feelers to investors to…
Tanla Platforms shares jump 16% after Q1 profit rises 20% on strong enterprise messaging demand
Shares of Tanla Platforms Ltd surged as much as 16.2% on Thursday (July 23) after the cloud communications company reported a strong set of earnings for the June quarter (Q1FY27), with consolidated profit after tax (PAT) rising nearly 20% year-on-year. The stock climbed to an intraday high of ₹652.70 before giving up some gains to…