The brokerage said it expects over 80% of Groww’s FY28 revenue estimates to be driven by broking, making the business highly sensitive to any slowdown in trading activity.
Despite the recent rebound, shares of IRCON International are down 18% so far in 2025, which will be their worst calendar year return since its listing. From its July 2024 peak of ₹351, the stock is down 50%.
Silver prices hit all-time high, driven by supply deficits, strong industrial demand, and investor inflows.
The order adds to Shakti Pumps’ growing pipeline under various state and central solar-irrigation schemes, in September, the company had secured an order worth ₹374 crore from the MSEDCL for the supply and installation of 34,720 off-grid solar water pumping…
Samvardhana Motherson has entered into exclusive negotiations, through its subsidiary Motherson Global Investments, to potentially acquire 100% of the global wiring harness business of Nexans AutoElectric GmbH.
Harshit Kapadia, Vice President covering industrials, defence, railways and consumer sectors at Elara Securities, said multiple large projects are set to come together for BEML in 2026–27 (FY27), improving earnings visibility.
In addition, the board has approved raising up to ₹300 crore through the issuance of 51.28 lakh equity shares at ₹585 per share. These shares will be allotted to investors across various non promoter categories.
Indian rupee opened at 89.64 against the US dollar, rebounding from last week’s 91.0750 low after central bank intervention, with market focus now on key US economic data.
Last week, L&T’s buildings and factories business had won large orders from the Madhya Pradesh State Tourism Development Corporation. The company classifies those orders, which range from ₹2,500 crore to ₹5,000 crore as “large” ones.
This is the second fund raise that Coforge has planned over the last 18 months. Previously, the company had raised ₹2,240 crore through the issue of shares to eligible institutional buyers through a QIP to fund the acquisition of Cigniti…