Carysil shares jump nearly 6% as Q1 profit rises 38%, margins improve
The quartz sink maker’s profit grew faster than revenue in the June quarter, while EBITDA margin expanded to 20.4% from 19.3% a year ago.
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Steel Authority of India eyes 5% FPO in FY27 to raise funds for capex push
Unlike an Offer for Sale, where proceeds go to the exchequer, a follow-on public offer would let SAIL keep the funds for its own expansion plans
5 IPOs worth ₹7,479 crore open this week — but there’s a bigger shift
Five IPOs worth ₹7,479 crore are opening this week, with Dhoot Transmission leading the pack. But there is another trend to watch: fresh capital is once again making up a larger share of the money being raised.
Patel Engineering shares rally as Q1 profit growth, margin expansion lift sentiment
Patel Engineering’s June-quarter profit rose 21.7% as margins improved, while its ₹14,636 crore order book provided visibility on future revenue.
Gold may hit $5,000 by end-2026 as softer Fed outlook, India demand support prices: Metals Focus
Harshal Barot, Senior Consultant South Asia and Middle East at Metals Focus says silver is likely to remain in an uptrend but could lag gold in the near term as import restrictions limit supplies and keep domestic premiums elevated.
Sensex, Nifty end higher after CAS adjustment: What drove today’s trade?
BSE Sensex and NSE Nifty ended higher on Monday after CAS adjustments. Sensex rose 43 pts to 78,542, Nifty gained 13 pts to 24,584. Hitachi Energy, Paytm, Pine Labs surged. Bharat Forge, PFC, REC fell
Bharat Forge Q1 Results: Stock falls 8% after ₹358 crore exceptional item drags co to net loss
Bharat Forge’s EBITDA margin for the period stood at 15.29%, a contraction of 170 basis points from the same quarter last year. A CNBC-TV18 poll had pegged the figure to be 17%.
Bharat Forge board approves fund raise of up to ₹2,500 crore
Pune-based Bharat Forge has approved a fund raise of up to ₹2,500 crore through equity shares, debt or convertible securities, with the final structure and timing yet to be decided by its investment committee.
Amara Raja Q1 profit rises 16%; new energy business shows signs of improvement
Amara Raja Energy & Mobility started FY27 with higher profit and revenue, even as operating margins narrowed. Its new energy business continued to scale, while losses narrowed and investment in its cell technology arm increased.
SPARC Q1 Results: Loss narrows sharply as revenue jumps multi-fold
Sun Pharma Advanced Research Company reported a sharp improvement in its June-quarter performance, with losses narrowing significantly while revenue surged.