Shares of Srigee DLM made a strong debut on the BSE SME platform on May 12, listing at ₹188.10 per share. This is 90 percent higher than the IPO issue price of ₹99, showing strong investor interest. Before listing, the company’s unlisted shares were already trading at a grey market premium of around 45 percent. […]
Srigee DLM Lists with 90% Premium on BSE SME After Massive IPO Demand Read More »
Zee Entertainment Enterprises Ltd (ZEEL) reported a strong jump in its Q4 profit for the financial year ending March 2025. The company posted a consolidated net profit of ₹188 crore, which is a massive 1,300 percent increase compared to ₹13.4 crore in the same quarter last year. The company’s total income in the March quarter
Zee Entertainment Q4 Profit Surges to ₹188 Crore, Announces ₹2.43 Dividend Per Share Read More »
Larsen & Toubro (L&T), one of India’s biggest engineering and construction companies, posted strong earnings for the fourth quarter of FY25. The company reported a consolidated net profit of ₹5,497 crore, which is 25 percent higher than the ₹4,396 crore profit it had in the same quarter last year. This profit was better than what
Larsen & Toubro Q4 Net Profit Jumps 25% to ₹5,497 Crore, Beats Market Estimates Read More »
Tata Motors shares rose nearly 3 percent on May 8 after strong global cues supported by trade developments involving the UK. According to reports, US President Donald Trump is likely to announce a trade deal with Britain, which could benefit Jaguar Land Rover (JLR), the luxury car brand owned by Tata Motors. The New York
Tata Motors Shares Gain After Reports of Likely US-UK Trade Deal and FTA with India Read More »
Defence-related stocks may remain in focus after India launched a strong counter-terror operation named Operation Sindoor. The Indian Air Force (IAF) carried out precise strikes on nine terror camps across the Line of Control (LoC) early Wednesday. These actions were taken as a pre-emptive step following rising border tensions and recent terror attacks. The targeted
Exide Industries, a leading battery maker in India, is now in advanced talks with two top two-wheeler companies and one three-wheeler manufacturer to supply batteries. This was confirmed during the company’s investor call held on May 6. Soon after the news came out, Exide shares went up by 2 percent. The company also shared updates
Exide Industries in Final Talks with EV Makers to Boost Battery Production in India Read More »
During the March 2025 quarter, when the Indian stock market was going through a lot of ups and downs, Life Insurance Corporation of India (LIC) became a major buyer of Indian shares. LIC purchased stocks worth more than Rs 47,000 crore during this period, showing strong support for the market even as foreign investors continued
LIC Invests Over Rs 47,000 Crore in Indian Stocks During Q4 FY25 Amid Market Fall Read More »
Japanese banking giant Sumitomo Mitsui Banking Corporation (SMBC) is once again in discussions to acquire a controlling stake in Yes Bank. According to sources, State Bank of India (SBI) has restarted talks with SMBC for this deal, which could change the ownership of the private bank. SBI, which currently owns 23.97% of Yes Bank, may
Japan’s SMBC May Acquire Controlling Stake in Yes Bank as SBI Reopens Talks Read More »
The Department of Financial Services (DFS) has confirmed that there is no decision yet to merge the public sector general insurance companies. DFS Secretary M. Nagaraju made this clear on May 5 during an event in Mumbai. Speaking at the listing ceremony of the first Residential Mortgage-Backed Securities, Nagaraju said, “No decision has been taken
No Government Plan Yet to Merge State-Owned General Insurers, Says DFS Secretary Read More »
Mahindra & Mahindra Ltd (M&M) has reported a 22% rise in its standalone net profit for the March 2025 quarter. The company posted a profit of ₹2,437 crore in Q4 FY25, compared to ₹2,000 crore in the same period last year. The company has declared a dividend of ₹25.3 per share. The record date for
