Category: Stock

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 […]

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 (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, […]

Tata Steel’s consolidated net profit more than doubled on-year to Rs 2,007.36 crore in the June quarter helped by reduced losses in its UK unit and as profitability improved for its operations in India. Profit surpassed market estimates. This helped overshadow a drop in consolidated sales volumes, which fell 3.6% to 7.12 million tonnes for […]

Mahindra & Mahindra Ltd (M&M) posted a 24% year-on-year rise in consolidated net profit to ₹4,083 crore for the quarter ended June buoyed by robust operational performance of its farm and automotive verticals. Consolidated revenue expanded 22% to ₹45,529 crore, reflecting broad-based growth across core and group companies. The company’s auto segment continued to gain […]

Markets regulator Sebi on Wednesday imposed a penalty totalling Rs 3.87 crore on 11 individuals for manipulating the share price of Darshan Orna Ltd (DOL) using social media channels. The fines need to be paid within 45 days, the Securities and Exchange Board of India (Sebi) said in its order. In its order, Sebi noted […]

Power Grid Corporation of India on Wednesday reported a 2.5% year-over-year (YoY) drop in consolidated profit of Rs 3,630.58 crore for the first quarter ended June 2025, compared to a profit of Rs 3,723.92 crore in the year-ago quarter. The revenue from operations was reported at Rs 11,196.22 crore in the June quarter, representing a […]

The Indian market ended in the green on Tuesday, snapping a three-day losing streak, as value buying in blue-chip names like Reliance Industries and HDFC Bank buoyed sentiment and tempered concerns over persistent foreign outflows and delays in a potential trade deal with the United States. The BSE Sensex rose 446.93 points, or 0.55%, to […]

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The National Stock Exchange (NSE) on Tuesday reported a 14% year-on-year (YoY) rise in consolidated net profit at Rs 2,924 crore for the first quarter of FY26. Revenue from operations for the quarter fell 11% YoY to Rs 4,032 crore. Revenue from operations increased 7% sequentially, driven by a rise in transaction charges. Operating EBITDA […]