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ABB India’s order inflows declined 3% year-on-year, led by tepid momentum in large orders.

Divi’s Laboratories recorded a decent set of numbers for the September quarter, with both profit and revenue rising year-on-year and beating Street estimates. The pharma major also recorded a foreign exchange gain of ₹63 crore during the quarter.

India’s mutual fund industry has tripled in the last five years, and the regulator aims to double the current base of 130 million unique investors within the next five years.

Prashant Paroda, Portfolio Manager for Emerging Markets at Allspring Global Investments, advised investors to take a patient approach with newly listed technology companies, recommending they wait about a year for these firms to stabilise in the public market before investing.

Ahead of the listing, Shivani Nyati of Swastika Investmart said that since the IPO did not include a fresh issue of shares, future growth will depend on operational execution and trends in the two-wheeler industry.

Sridhar Sivaram advises a selective approach to the financial sector, favouring a mix of large and small banks, and notes that NBFCs will gain from lower interest rates. While positive on select PSU banks since late 2020, he sees little…

The shares of Piramal Finance listed at ₹1,260 apiece on the NSE, which marks a 12% premium over the discovered price of ₹1,124.20 apiece.

Introduced in 2008, the SLB framework was to facilitate short-selling, prevent settlement failures and the mechanism is being managed through clearing corporations.

The order won by BHEL is an engineering, procurement and construction (EPC) package of 1×800 MW Darlipali Supercritical Thermal Power Project Stage II in Odisha’s Sundargarh district.

Capital market stocks from BSE to CDSL to Angel One have seen volatile trading activity over the last few months, since speculations on the F&O expiries have been on the rise.