Anil Ambani Summoned by ED for Second Round of Questioning Over Alleged Bank Fraud The Enforcement Directorate on Thursday has issued summons to Reliance Group Chairman Anil Ambani to appear for questioning on Nov. 14 for the second time, as part of its money laundering probe into alleged bank fraud, according to sources. The business […]
Ajmera Realty Q2 Results: Profit Falls 14%; Stock Split Announced – Check Details Ajmera Realty and Infra India Ltd.’s profit falls 14.1% to Rs 30.4 crore in the second quarter of this financial year. This is in comparison to a profit of Rs 35.4 crore in the previous quarter of this fiscal, according to its
SBI Funds Management IPO: A New Opportunity for Indian Investors State Bank of India (SBI) is set to take its asset management arm public. The executive committee of the lender’s board has approved a partial divestment of its stake in SBI Funds Management Limited (SBIFML) through an Initial Public Offering (IPO), according to an exchange
India’s Primary Market Sees Unprecedented Activity with Five Major IPOs in 2025 India’s primary market is buzzing with activity, with proceeds from the initial public offerings in October likely to cross a record $5 billion, as per Bloomberg data. This week alone is seeing two of the biggest IPOs of the year. Tata Capital and
Indian Stock Market News: Nifty, Sensex, and Top Gainers The Indian stock market has been witnessing a range-bound movement, with the Nifty 50 and Sensex trading in a narrow range after erasing all gains from the open. In this article, we will provide an in-depth analysis of the current market trends, Q2 results, and top
Q2 Earnings Season Heats Up: A Story of Divergence and Resilience The Indian stock market is navigating a complex global landscape, and all eyes are on the Q2 FY24 earnings season to gauge the health of corporate India. As Nifty and Sensex trade with cautious optimism, the report cards from various sectors are painting a
UPL Q2 Results: Agrochemical Firm Swings To Profit, Revenue Up 8.4% UPL announced its July-Sept quarter results for fiscal 2025-26 (Q2FY26) on Thursday, Nov. 6, reporting a swing back to profit at Rs 533 crore, compared to a net loss of Rs 443 crore in the corresponding period last year. The agrochemical company’s topline grew
Sun Pharma Q2 Review: A Detailed Analysis of the Company’s Performance Sun Pharmaceutical Industries Ltd. has announced its Q2 results, with revenues of Rs 144,783 million, growing by 8.9% year-over-year (YoY) and 4.5% quarter-over-quarter (QoQ). The results were in line with the estimates of Systematix and the consensus. The company’s India business, Emerging Markets, and
Bharti Airtel Q2 FY26 Results: A Mixed Bag for Investors Bharti Airtel Ltd.’s Q2 FY26 results were ahead of expectations, led by a strong performance in Africa. The company’s India business was in-line and healthy, with Lan-to-Lan India revenue (excluding Indus) growing by 16.4% YoY and 2.2% QoQ. Ebitda rose 25.9% YoY and 2.7% QoQ,
Blue Star Shares Fall After Full-Year Guidance Cut Despite Q2 Profit Rise Blue Star shares fell 4.8% on Tuesday, marking their sharpest intraday drop in six months, after the company cut its full-year growth guidance despite posting higher Q2 profit, revenue, and margin. The company reported a 2.8% year-on-year increase in consolidated net profit to