SEBI panel favours retaining 30-minute VWAP for derivatives expiry settlement for a year
SEBI advisory panel favored retaining the 30-minute VWAP method for derivatives expiry settlement for a year and proposed trading until 3:45 pm.
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UCO Bank Q2 Results: Net profit rises nearly 27%, asset quality improves; Stock volatile post earnings
UCO Bank shares surged sharply by 3.5% post reporting their second quarter results to hit an intraday high of ₹24.8 apiece. However, it then fell 4.4% sharply as well to hit an intraday low of ₹23.71 apiece.
Sahajanand Medical plans ₹20-30 crore debt reduction in FY27, maintains focus on India, Europe
Sahajanand Medical Tech plans to cut debt by ₹20-30 crore in FY27 as improved cash generation and limited capital expenditure support its financial position. India and Europe will remain its key markets, with R&D investment central to its growth strategy.
Karur Vysya Bank Q2 Results: Core income grows nearly 20%, asset quality improves
Karur Vysya Bank’s net interest income (NII) or core income that it earns, increased 19% by to ₹1,497.3 crore in the September quarter from ₹1,261 crore in the same quarter of the previous fiscal.
Polycab Q2 Results: Numbers beat estimates across parameters, margin contraction less than feared
Polycab India’s EBITDA margin narrowed by 150 basis points from the same quarter last year to 14.37% from 15.8% last year. However, the margin contraction was less than what the street had feared as the CNBC-TV18 poll had pegged the…
Indian Bank Q2 Results: Net Interest Income grows 18%, asset quality improves; shares fall over 3%
Indian Bank’s board approved a fundraising plan of up to ₹7,000 crore through non-equity instruments. This includes long-term infrastructure bonds worth up to ₹5,000 crore to finance or refinance infrastructure and affordable housing, and up to ₹2,000 crore through AT-1…
Tonbo Imaging bets on thermal sights, missile seekers and high-power microwave systems for growth
Arvind Lakshmikumar, Founder and Chief Executive Officer of Tonbo Imaging, outlines the company’s growth plans, including thermal weapon sights, missile seekers and a potential ₹2,500 crore opportunity in high-power microwave (HPM) systems
LTM shares gain on bagging multi-million dollar deal from American specialty engineering & construction firm
The deal consolidates infrastructure, cybersecurity and application administration managed services from multiple providers to LTM, with an initial three-year term.
SEBI working on changes to CAS; consultation paper to follow: Tuhin Kanta Pandey
SEBI is working on changes to the consolidated account statement to provide investors a view of stocks, mutual funds, bank deposits, and insurance policies.
Largecaps offer a rare valuation opportunity, says Sohum’s Sanjay Parekh
Sohum Asset Managers’ Founder and CIO Sanjay Parekh believes the recent market correction has priced in global risks, creating a prime buying opportunity in large-cap stocks and the upcoming Jio Platforms public issue.