Ashok Leyland approves investments worth up to ₹850 crore in subsidiaries
Ashok Leyland’s board approved investments of up to ₹850 crore in Optare Plc and Hinduja Housing Finance. The company also reported its first quarter earnings on Friday.
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Alkem Labs Q1 Results: Shares down 3% after profit falls; revenue rises 11%
Alkem Laboratories MD Sandeep Singh said the company had started FY27 on a steady note, with healthy growth across its India and international businesses. He said the India business continued to outperform the market, while growth in non-US international markets…
Bharat Dynamics Q1 Results: Profit jumps multi-fold, revenue more than doubles
Bharat Dynamics posted a sharp improvement in its June-quarter performance, with profit rising more than six-fold and revenue more than doubling year-on-year, while the defence manufacturer swung to an EBITDA profit.
Natco Pharma shares fall over 6% after weak Q1 results; Board approves fund raise of up to ₹2,000 crore
Natco Pharma shares fell sharply after weak Q1 earnings, with profit down 57% to Rs 206.5 crore. The board approved raising up to Rs 2,000 crore.
Nava Q1 profit slips 11% as energy, ferro alloys businesses show mixed trends
Hyderabad-based Nava reported a softer June quarter, with profit and operating earnings declining despite a modest rise in revenue. The energy business remained the company’s biggest revenue contributor, though its segment profit fell year-on-year.
Apollo Hospitals shares rise 4% as management raises FY27 hospital revenue growth guidance
As per the company’s management, its FY27 new hospital earnings before interest, taxes, depreciation and amortization (EBITDA) loss is guided at ₹140 crore to ₹150 crore and is unchanged from its March quarter call.
Transformers & Rectifiers shares rise over 4% after winning order worth up to ₹500 crore
Transformers & Rectifiers India has received a Letter of Intent worth ₹100-500 crore from APTRANSCO for manufacturing transformers and related works, with delivery scheduled over the next 13 months.
Apex Frozen Foods shares hit 20% upper circuit after Q1 profit more than doubles
Apex Frozen Foods reported a net profit of ₹22 crore for the June 2026 quarter, compared with ₹9 crore in the corresponding quarter a year earlier. Revenue remained largely flat at ₹257 crore, compared with ₹258 crore in the year-ago…
How the Jio Credit-Bank of America deal could change India’s NBFC sector, Abizer Diwanji explains
Abizer Diwanji, Founder of NeoStrat Advisors sees the deal bringing fresh capital, global visibility and access to overseas funding for Jio Credit, while intensifying competition in digital lending.
Piramal Pharma block deal likely cancelled; stock falls 3%
Carlyle was looking at selling 6% of its for ₹1,750 crore in Piramal Pharma via a block deal. CNBC-TV18 had reported regarding the same on Thursday. However, sources on Friday said the block deal had been cancelled.