Voltas Q1 profit jumps 52% as AC volumes surge 45%; Voltbek sales hit record
Shares of Voltas Ltd ended at ₹1,325.00, up by ₹36.30, or 2.82%, on the BSE.
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FACT swings to ₹62 crore Q1 loss even as revenue rises 20%
The state-owned fertiliser maker slipped into the red in the June quarter as its operating performance weakened despite a double-digit rise in revenue.
India steps up review of closing stock auction as concerns mount
SEBI is open to tweaking the system and is gathering inputs from market players, SEBI Chairman Tuhin Kanta Pandey said at a public event Wednesday.
Bank of Baroda raises $700 million through overseas bond issue
The state-owned lender has raised $400 million through three-year bonds and another $300 million through five-year bonds, with interest rates of 5.114% and 5.318%, respectively.
HAL ties up with Adani Defence, BEML for Prachand Light Combat Helicopter fuselage production
Adani Defence and BEML will manufacture 42 and 48 fuselage structures, respectively, as HAL prepares to deliver 156 Prachand helicopters to the armed forces from 2028.
Tube Investments Q1 profit falls 15% as margins contract despite revenue growth
Murugappa Group company’s consolidated profit stood at ₹168.6 crore in the June quarter, compared with ₹198.9 crore in the corresponding quarter of the previous year. Revenue rose 17% to ₹6,215.1 crore from ₹5,309.1 crore a year earlier.
Vedanta wins Punnam Manganese Block in Andhra Pradesh
Vedanta has been declared the successful bidder for the 152-hectare Punnam Manganese Block in Andhra Pradesh. Vedanta shares were down 1.24% at ₹267.75 apiece on the NSE at 3:19 pm on Friday.
KPIL bags ₹3,526 crore orders as FY27 order intake crosses ₹11,000 crore
Kalpataru Projects International has added about ₹3,526 crore of fresh orders across power transmission, industrial EPC and residential projects, taking its FY27 order intake beyond ₹11,000 crore. The latest wins strengthen its domestic T&D exposure and come shortly after the…
Earnings revival, counter-AI trade should boost Indian equities into 2027, says Carnelian Asset
Kuunal Shah, fund manager at Carnelian Asset Management & Advisors, expects aggregate earnings growth of 14%-15% across the broader Nifty 500 universe in 2027 and 2028, providing a strong foundation for the market’s recovery.
Sensex closes 71 points lower, Nifty at 24,366: 5 reasons behind today’s stock moves
The Sensex slipped 71 points to 78,009, while the Nifty fell 30 points to 24,366. The Nifty Bank gained 144 points to 57,491, while the Midcap index rose 339 points to 63,782.