financial performance

New Delhi, Apr 1 Bvishal Oil and Energy, a provider of onshore oilfield services, has filed preliminary papers with the capital markets regulator, Sebi, to raise funds through an initial public offering (IPO).According to the draft red herring prospectus (DRHP) filed on Tuesday, the proposed...

New Delhi, April 1 The power sector led rating upgrades in the fiscal year 2025-26 due to improved execution and stable operations, said rating agency ICRA on Wednesday.The power sector emerged as one of the key drivers of rating upgrades in FY2026, supported by improved project execution...

New Delhi, April 1 The cement industry is expected to grow by 7-8 per cent in the current fiscal year, supported by sustained demand from the housing and infrastructure sectors, a report by rating agency ICRA said.However, profitability will remain under pressure due to rising input costs and...

New Delhi, April 1 India Ratings and Research (Ind-Ra) said on Wednesday that the corporate credit profile has remained strong for the fifth consecutive year in 2025-26, supported by domestic policy measures and favorable macroeconomic conditions.Disruptions related to tariffs were largely...

New Delhi, April 1 Auto components maker Kay Jay Forgings Ltd has filed draft papers with the market regulator, Sebi, to raise ₹360 crore through an initial public offering (IPO).The proposed IPO comprises a fresh issue of equity shares worth ₹300 crore and an offer for sale (OFS) of shares...

Finolex Cables Stock Plummets Despite Strong Financial Performance Mumbai, March 31 – Shares of Finolex Cables Limited have experienced a significant decline in value, falling by 15.14 per cent over the last month, despite reporting one of its strongest financial performances in recent times...

Mumbai, March 30 The net sales growth of select non-government, non-financial (NGNF) public limited companies edged up to 7.8 per cent during 2024-25 from 6.3 per cent in the previous year, the RBI said on Monday.The sales growth of the manufacturing and services sector increased to 6.3 per...

Digital NBFCs Projected to Oversee ₹3.6 Trillion Personal Loan Market by FY30 New Delhi, March 30 – Digital non-banking finance companies (NBFCs) are poised to dominate the personal loan market, with projections indicating a portfolio exceeding ₹3.6 lakh crore by fiscal year 2030, according to a...

New Delhi, March 28 Rentomojo Ltd, an online platform for renting and subscribing to home furniture and appliances, has filed preliminary documents with the capital markets regulator, Sebi, to raise funds through an initial public offering (IPO).The proposed IPO involves the issuance of up to...

CEO Pay in India Rises 5% to ₹10.5 Crore in FY26: Deloitte Report New Delhi, March 27 – Median compensation for non-promoter or professional CEOs in India rose 5% year-on-year to ₹10.5 crore in FY26, marking the slowest growth since the COVID-19 pandemic, according to a Deloitte report.Slowest...

Bharat PET Ltd Files IPO Papers to Raise ₹760 Crore IPO Details Bharat PET Ltd, a provider of integrated packaging solutions, has filed a draft IPO with the markets regulator, Sebi, to raise ₹760 crore. The proposed IPO includes a fresh issuance of equity shares worth up to ₹120 crore and an...

Sundaram Home Finance Targets Rs 200 Crore in South Tamil Nadu Disbursements Chennai, March 25 – Sundaram Home Finance is expanding its emerging business segment in South Tamil Nadu, with plans to establish five new branches. The company aims to generate Rs 200 crore in disbursements within the...

New Delhi, March 24 Companies that have undergone the resolution process under the Insolvency and Bankruptcy Code have shown improvement in their financial and operational performance, with significant gains in sales and asset turnover, according to a study by IIM Ahmedabad.The research study...

Manipal Health Enterprises Files DRHP for ₹8,000 Crore IPO, Plans Debt Reduction and Stake Acquisition New Delhi, March 24: Temasek-backed Manipal Health Enterprises has filed its draft papers with the Securities and Exchange Board of India (Sebi) to raise funds through an initial public...

InterGlobe Aviation Faces Profit Pressure Amid Volatile Oil Prices, Travel Disruptions New Delhi, March 23 – InterGlobe Aviation, the parent company of IndiGo, may face challenges to its net profit in the upcoming financial year due to fluctuating oil prices and travel disruptions related to the...

New Delhi, March 22 — Dredging Corporation of India Ltd (DCIL) is aiming to more than double its revenue to ₹3,000 crore over the next five to six years, according to its Managing Director and CEO, Capt S Divakar. The company plans to achieve this growth by expanding into new markets and...

Zomato Raises Platform Fee by 19.2% to Rs 14.90 Per Order Amid Rising Costs Platform Fee Increased for Customers Across Orders New Delhi, March 20: Food delivery platform Zomato has raised its platform fee by 19.2 per cent, increasing it by Rs 2.40 per order, according to the latest billing...

HDFC Bank Shares Slide as ADRs Drop 8% After Chairman Resignation HDFC Bank Stock Falls Sharply in Domestic and Global Markets Mumbai, March 19: Shares of HDFC Bank witnessed heavy selling pressure on Thursday, both in domestic markets and overseas trading, following the resignation of its...

IPO Details and Valuation New Delhi, March 19: Basmati rice exporter Amir Chand Jagdish Kumar (Exports) Ltd has set the price band for its upcoming Initial Public Offering (IPO) at Rs 201 to Rs 212 per share, valuing the company at around Rs 2,200 crore.The company’s maiden public issue...

Eternal Share Price Rises 6% Despite 40% Correction; JM Financial Sees Strong Upside Eternal Stock Gains as Brokerage Flags Buying Opportunity Shares of Eternal Ltd, the parent company of Zomato and Blinkit, rose around 6% on Tuesday, March 17, even after witnessing a sharp correction of nearly...