Category: Stock

Private sector CSB Bank reported about 5% rise in first quarter net profit at Rs 118.6 crore as compared with Rs 113.3 crore in the year ago period, while the bank’s provisions and contingencies rose three-fold. The profit stood at Rs 190.4 crore in the fourth quarter last fiscal. Its operating profit for the quarter […]

The country’s largest gold loan company Muthoot Finance reported a 90% jump in the standalone net profit at Rs 2046 crore for the first quarter of the fiscal as compared with Rs 1079 crore in the year-ago period, backed by robust business expansion and a sharp fall in provisions. The company’s assets under management surged […]

Listed jewellery firm Senco Gold Limited has doubled its profit after tax (PAT) in the Q1 of FY 26 to Rs 104.6 crore compared to the same quarter last year. The topline of the company grew by 30 per cent year-on-year to Rs 1826.2 crore. The eastern India based retail jeweller has a network of […]

Sebi has allowed investment advisers and research analysts to use liquid mutual funds and overnight mutual funds for meeting their mandatory deposit requirements, providing an alternative to scheduled bank deposits. Overnight mutual funds are a type of debt mutual fund that invests in overnight securities — debt instruments with a maturity of just one day. […]

The Indian market ended higher on Wednesday, led by gains in auto and financial stocks, as softer U.S. retail inflation bolstered bets on a Federal Reserve rate cut in September and signs of easing domestic price pressures lifted investor sentiment. The benchmark BSE Sensex rose 0.38% or 304.32 points to close at 80,565 and the […]

Domino’s India operator Jubilant Foodworks beat first-quarter profit estimates by a wide margin on Wednesday as lower-priced menu items and free deliveries bolstered demand even as other fast-food franchisees struggled. The company reported profit of 917.6 million rupees ($10.49 million) for the quarter ended June 30, compared to a year ago profit of 558 million […]

Growth Outlook This substantial increase in quarterly sales indicates strong business expansion and demand. The trend showcases a company’s capacity to attract and retain customers, suggesting potential for continued success. However, it is essential to evaluate the sustainability of this growth. Source link

Shares of Life Insurance Corporation of India (LIC) fell 3% in Wednesday’s trade after reports suggested the government could kick off the disinvestment process for selling a minority stake in the country’s largest insurer within the next two weeks. According to CNBC-TV18, the government is considering divesting between 2.5% and 3% of its equity in […]

Samvardhana Motherson International posted its first quarter results for FY26, reporting a 39.7% year-on-year (YoY) decline in its consolidated profit after tax (PAT) at Rs 871.84 crore, versus Rs 1,445.20 crore in Q1FY25. The revenue from operations for the quarter, however, witnessed a 3% YoY rise. The total revenue from operations for the company stood […]

According to Deven Choksey, investors, especially mutual funds, are actively reshuffling their portfolios. Stocks trading at high valuations but showing slower growth are being sold, while money is moving into underperforming names that offer better appreciation potential. Midcap and smallcap companies are also part of this shift. Source link