Binance says its stock trading platform surpassed $1 billion in AUM within 30 days, with emerging markets driving demand for easier access to US equities.
Reliance Industries’ oil-to-chemicals (O2C) business reported its highest quarterly EBITDA in four years, driven by a sharp recovery in transportation fuel cracks and stronger downstream chemical margins.
RBL Bank reported a 27% rise in June-quarter profit, supported by higher net interest income and improving asset quality. Management, however, cautioned that the credit card portfolio will continue to see transitional stress in the first half of FY27.
Shares of Railtel Corporation of India Ltd ended at ₹298.70, down by ₹2.75, or 0.91%, on the BSE.
Oberoi Realty reported a healthy June quarter, with profit rising 29% and revenue growing nearly 32% year-on-year as margins improved. The board also declared an interim dividend of ₹2 per share.
ITC Foods Divisional CEO Hemant Malik says current demand remains resilient, but a weak monsoon could disrupt agricultural supplies later this year. He also says India must move beyond commodity exports and build global food brands.
The specialty chemicals maker reported strong growth in revenue and operating profit during the June quarter, while its board also cleared a ₹200 crore expansion at its Dahej manufacturing facility.
Shares of Piramal Finance Ltd ended at ₹2,144.75, down by ₹40.00, or 1.83%, on the BSE.
The investment bank upgraded the AI name to buy from hold. I also hiked its price target on shares to $366 from $260, suggesting 10% upside from Thursday’s close.
JSW Steel’s June-quarter profit more than doubled, aided by higher other income and record first-quarter steel sales, helping the company beat Street estimates across key metrics. The board also approved selling shares worth up to ₹811 crore in the proposed…