Cummins India’s generator sales bounce to pre-emission era levels
Emission norms for diesel generators resulted in increased costs, but as market demand revives, Cummins India is growing faster than its peers with strong sales growth.
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Stocks to Watch: Medi Assist, IHCL, Ashoka Buildcon, Hindalco Industries and more
Stocks to watch, Medi Assist, IHCL, Ashoka Buildcon, Tilaknagar Industries, Hindalco Industries, Astral, Bata India, Sansera Engineering, Man Industries, Adani Defence and more, these are the stocks to watch for tomorrow.
Man Industries Q1 Results | Net profit jumps 45% to ₹28 crore; margins expand, revenue flat
Man Industries reaffirmed its FY26 revenue growth guidance of around 20%, supported by strong momentum expected in the second half of the fiscal year. Shares of Man Industries India Ltd ended at ₹443.95, up by ₹24.45 or 5.83%, on the…
IHCL to acquire 51% stake each in ANK Hotels and Pride Hospitality for ₹204 crore
The acquisitions, expected to be completed by November 15, 2025, will add significantly to IHCL’s portfolio. The Clarks Hotels & Resorts currently operates 135 hotels across India, while Pride Hospitality brings additional reach in the midscale segment. Shares of Indian…
Trade Setup for August 12: Nifty rebounds from oversold levels but sustainability remains the key
Analysts say that investors are not completely out of the woods yet, but Monday’s bounce from the recent low carries enough steam to power further gains.
Hindalco arm Novelis Q1 net income dips 36% to $96 million; net sales up 13% at $4.7 billion
Net sales for the quarter rose 13% to $4.7 billion, driven by higher average aluminium prices and a 1% increase in total rolled product shipments to 963 kilotonnes. Higher beverage packaging shipments were partially offset by lower automotive and specialty…
Tilaknagar Industries Q1 profit more than doubles on strong revenue, margins; ₹25-cr expansion approved
The IMFL company’s EBITDA zoomed 89% to ₹94.5 crore in the first quarter of FY26 over ₹50 crore last year. The EBITDA margin widened 700 bps to 23.1% compared to 16% in Q1FY25. Shares of Tilaknagar Industries Limited ended at…
How to invest and earn passive income from crypto in India
CNBC-TV18’s Manisha Gupta explains how to invest in cryptocurrency in India, the tax rules, and ways to earn passive income through SIPs, staking, and yielding.
Bessemer India likely to sell up to 4% stake in Medi Assist via ₹560-crore block deal
The offer size is estimated at ₹560 crore, with a floor price set at ₹507 per share, sources in the know told CNBC-TV18. The floor price represents a discount of 4% to the company’s current market price. Shares of Medi Assist…
Adani Defence & Aerospace to acquire 100% stake in Indamer Technics via Horizon Aero
The acquisition will be executed through Horizon Aero Solutions Limited, a 50:50 joint venture between Adani Defence & Aerospace and Prime Aero, owned by Prajay Patel, Director of Indamer Technics. The deal marks an expansion of Adani’s footprint in the…