Tata Power on Friday reported a 9% growth in its Q1 consolidated net profit to Rs 1,060 crore compared to Rs 970 crore in the year ago period. The profit after tax (PAT) is attributable to the equity holders of the company. The company’s revenue from operation stood at Rs 18,035 crore which was up […]
FII, MF-backed 8 stocks rally over 20% in both quarters of CY25, 4 turn multibaggers – FII, MF favourite stocks
Stocks that deliver consistent returns and are held by major institutional investors such as Foreign Institutional Investors (FIIs) and Mutual Funds (MFs) are especially interesting to watch. In the first two quarters of calendar year 2025 (January to March and April to June), around 20 stocks recorded gains of over 20% in both quarters. This […]
Chalet Hotels shares rally 8% after Q1 net profit surges 236% YoY
Chalet Hotels shares surged 7.73% on Friday to Rs 978 apiece on the BSE, after the company posted a sharp jump in profitability and strong operational performance for the first quarter of FY26. Chalet reported a 236% year-on-year increase in net profit, rising to Rs 203.1 crore in Q1FY26, compared to Rs 60.4 crore in […]
Reliance Power, Reliance Infrastructure shares fall up to nearly 5% as ED summons Anil Ambani in Rs 17,000 cr loan fraud probe
Shares of Reliance Power and Reliance Infrastructure fell up to 4.9% on Friday after the Directorate of Enforcement (ED) summoned Anil Ambani, chairman and managing director of the Reliance Group, for questioning in connection with an alleged Rs 17,000-crore loan fraud case. Shares of Reliance Power dropped 4.16% to their day’s low of Rs 50.65 […]
RIL announces AGM date, sets August 14 as record date for dividend
Mukesh Ambani-led Reliance Industries (RIL) will hold its 48th Annual General Meeting (AGM) on August 29 at 2 pm. The company has also set August 14 as the record date to determine eligibility of investors for the final dividend for FY25. On April 25, the company’s board had recommended a dividend of Rs 5.50 per […]
Ahead of Market: 10 things that will decide stock market action on Friday
The Indian market ended in the red on Thursday but trimmed steeper early losses, as investors interpreted the U.S.’s proposed 25% tariff and unspecified penalties, set to take effect Aug. 1, as a negotiating ploy rather than a definitive policy shift. The BSE Sensex shed 296.28 points, or 0.36%, to close at 81,185.58, while the […]
PB Fintech Q1 Results: Cons PAT surges 41% YoY to Rs 85 crore, revenue jumps 33%
PB Fintech which operates fintech platforms Policybazaar and Paisabazaar on Thursday reported a 41% year-on-year growth in its Q1 net profit of Rs 85 crore versus Rs 60 crore reported in the year ago period. The profit is attributable to the owners of the company. The company’s consolidated operating revenue grew at 33% to Rs […]
Swiggy’s letter to shareholders: Rapido conflict, QC updates, margins among 5 key takeaways
Food delivery platform Swiggy on Thursday said it is actively re-evaluating its 12% minority stake in Rapido due to a potential conflict of interest, following the latter’s announcement of its intention to enter the food delivery business. The company also commented on its quick commerce initiative Instamart, affordability efforts, and the reasons behind the decline […]
Trump tariff assault hits over 40 Indian stocks. Full list across key sectors for stock market investors
Sensex and Nifty may have been able to dodge the Trump tariff bullet as the domestic equity headline indices recovered all the morning losses, but the impact of a 25% tariff on Indian goods announced by US President Donald Trump was seen across export-heavy sectors like textiles, pharma, auto, and shrimp. CLSA’s Vikash Kumar Jain […]
Vedanta Resources: Vedanta Resources seeks investor nod to prepay $550-million debt
Vedanta Resources (VRL) is looking to prepay a $550- million private credit facility (PCF) as early as next week and has initiated consent solicitation from investors. The company is in talks to raise $700 million from a group of banks, including Barclays, First Abu Dhabi Bank, Mashreq, Abu Dhabi Commercial Bank, Commercial Bank of Dubai, […]