India’s listed mutual fund companies reported a strong June quarter, with higher profits helped by a rebound in equity markets. But a closer look shows that much of the earnings boost came from gains on their investment portfolios rather than…
Nandan Kulkarni, Director-India Healthcare at Bernstein believes higher drug prices, supply shortages and a gradual shift in manufacturing to the US could benefit players like Sun Pharma, Lupin and Zydus over the long term. Kulkarni also explains why innovation-led companies…
Indian pharma remains a long-term opportunity despite US tariff concerns, says Srinivas Rao Ravuri, Chief Investment Officer at Bajaj Life Insurance. He prefers contract manufacturers over generic drugmakers, backs the quick commerce leader despite rich valuations, and sees tactical opportunities…
Shares of DCB Bank Ltd ended at ₹186.10, down by ₹3.65, or 1.92%, on the BSE.
The Murugappa Group company reported a mixed set of June quarter earnings, with revenue, profit and operating performance missing Street estimates despite posting double-digit year-on-year growth. The company also announced a brownfield expansion of its Extra High Voltage (EHV) Gas…
ZF Commercial Vehicle Control Systems reported a decline in first-quarter profit as margin pressure offset revenue growth. The company also appointed Rakesh Mishra as its next CFO.
SBI Life reports 22% net profit jump to ₹725 crore in Q1, driven by strong new business premiums and renewal collections.
PTC Industries has received a development order from Gun Factory Kanpur to design, manufacture and supply two key artillery gun components. The company said the order strengthens its role in India’s defence manufacturing sector and will be completed within nine…
WPIL reported a 53% year-on-year jump in June-quarter profit as revenue rose 32% and margins improved. The stock gained over 3% after the results, even as the company continues to contest its debarment from future Madhya Pradesh Jal Nigam tenders.
Eternal and Swiggy declined on reports of increased competition. In the broader market, GE Vernova, Hero Moto, Hitachi and Amber Enterprises were among the top midcap losers.