Motilal Oswal AMC MD & CEO Prateek Agrawal said the current market environment favours active investing and emerging growth sectors over traditional index-heavy plays. Agrawal also said gold duty hikes were less severe than expected and added that mutual fund…
During the quarter, Cipla had recorded an impairment of ₹42.02 crore with regards to associates, due to charges in certain business conditions and market dynamics.
Gold and silver ETFs surge up to 15% after India hikes import duty, domestic bullion prices jump on MCX, analysts see a mechanical price adjustment.
The two-wheeler maker posted a mild earnings beat, aided by strong volume growth, improved product mix and favourable foreign exchange movements.
PFC’s EBITDA margin for the quarter expanded by nearly six percentage points to 98.6% from 92.7% year-on-year. The stock is up over 20% so far this year.
Senco Gold MD & CEO Suvankar Sen expects old gold exchanges, lighter jewellery demand and elevated gold prices to cushion the impact of higher import duties, even as the industry braces for weaker volumes and tighter regulation.
Krishna Ramachandran, Managing Partner and COO at TVS Capital Funds, said domestic capital could deepen significantly as pension, insurance and family office money increasingly enters alternative assets.
Nearly 80% of Pine Labs’ outstanding equity became eligible for trade after the lock-in expiry. Based on Tuesday’s closing price, the unlocked shares are valued at nearly ₹17,346 crore.
India raises customs duty on gold, silver and platinum to curb non essential imports, conserve foreign exchange and protect the current account amid West Asia tensions.
L&T reported its fourth quarter results a week ago. It guided for 10-12% revenue growth for the current fiscal, similar margins to FY26 at 8.3% and 10-12% growth in order inflow. It expects the first and second quarters to witness…