Rupee gains 3 paise to 95.42 against US dollar
The rupee appreciated 3 paise to close at 95.42 (provisional) against the US dollar on Friday, due to weakness in the greenback against major rivals overseas.
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Puravankara swings to ₹25 crore Q1 profit as revenue jumps 62%; margins improve
The real estate developer returned to profit from a ₹69 crore loss a year ago, while EBITDA nearly tripled and margins expanded to 22.2%.
Kochi-based apparel manufacturer plans ₹3,000 crore fundraising via QIP
Shares of Kitex Garments Ltd ended at ₹134.40, down by ₹4.35, or 3.14%, on the BSE.
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.
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.