Thangamayil Jewellery reported a sharp rise in Akshaya Tritiya sales, with revenue up 76% year-on-year, driven by strong demand despite higher gold prices and robust growth in non-gold segments.
RateGain partners with Easebuzz to integrate local payment options into RG Pay for Indian travel firms, aiming to boost bookings by helping travel brands align their checkout experience with local payment behaviour, driven by real-time systems like UPI.
Within public shareholders, Mutual Funds of the country had a 28.7% stake, while over 71,000 retail investors, or those with authorized share capital of up to ₹2 lakh, had a 8.8% stake in Rolex Rings at the end of the…
Gold and silver futures fell in India as global prices weakened, gold dipped slightly while silver dropped more on profit booking, pressured by a strong dollar and cautious sentiment.
Stocks such as Sobha, Godrej Properties, Phoenix Mills Ltd., Ananta Raj, Lodha Developers, Oberoi Realty, Brigade Enterprises, Prestige Estates are trading with gains between 2% to as high as 4.5%. All constituents of the index are trading with gains. For…
LIC Housing Finance Ltd. is seen as the cheapest among peers, trading at around 0.78x book and 5.6x earnings, with steady return ratios of 16% ROE and 1.8% ROA.
Probal Sen, Oil and Gas Analyst at ICICI Securities, said the current environment is favourable for upstream companies such as ONGC and Oil India. He noted that their valuations are still factoring in lower crude prices, leaving room for upside.…
Affordable and emerging markets remained key growth drivers and together they contributed a meaningful share of both the retail portfolio and retail disbursements. This is the best single-day gain for shares of PNB Housing Finance in two years.
SML Mahindra plans to roll out electric buses, with an e-bus launch lined up for FY27.
Mayuresh Joshi, Director Research at Marketsmith India, said Vedanta’s business segments could deliver steady performance as structural drivers remain intact. He highlighted improving margins and capacity expansion in the power space, while noting mixed signals in copper due to softer…