Posted inBusiness Insights
Piramal Pharma Braces for Massive ₹1,750 Crore Block Deal as Shares Edge Higher
Piramal Pharma shares rise as investors brace for a massive 1750 crore block deal with a major six percent stake sale on the horizon.
Posted inBusiness Insights
Five-Star Business Finance Reports Q1 Profit Rise Amid Record ₹1,496 Crore Disbursements
Non-banking financial company Five-Star Business Finance Limited has reported a 2% year-on-year increase in net profit for the first quarter of the fiscal year. The earnings report was highlighted by…
Posted inBusiness Insights
Amber Enterprises Subsidiary IL JIN Electronics Appoints Bankers for ₹3,500 Crore IPO
IL JIN Electronics, a key subsidiary of contract manufacturing giant Amber Enterprises India Ltd., has officially selected investment bankers to spearhead its planned ₹3,500 crore initial public offering (IPO) in…
Posted inMarket
Orient Technologies Secures ₹76.2 Crore NPCI Server Deal Amid Stock Volatility
Indian IT solutions provider Orient Technologies secured a major ₹76.2 crore purchase order from the National Payments Corporation of India (NPCI) for server supply and enterprise infrastructure, putting the small-cap…
Posted inBusiness Insights
Piramal Pharma Pauses Ahmedabad Operations Amid Severe Gujarat Monsoon Flooding
Piramal Pharma Limited temporarily halted operations at its primary manufacturing facility in Ahmedabad, Gujarat, this week following intense monsoonal downpours that inundated parts of the industrial site. The precautionary shutdown…
Posted inBusiness Insights
Motilal Oswal Reports Strong Q1 Operating Profit Growth Driven by 31% Surge in AUM
Motilal Oswal Financial Services Ltd (MOFSL) delivered a robust financial performance for the first quarter of the fiscal year, driven largely by a 31% year-on-year surge in Assets Under Management…
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Shadowfax Technologies Launches Block Deal Offering 9% Stake at ₹197 Floor Price
Institutional investors launched a high-value block deal for logistics provider Shadowfax Technologies Ltd on the Bombay Stock Exchange (BSE), offering a 9% equity stake at a floor price of ₹197…
Posted inBusiness Insights
Shadowfax Technologies Launches 9% Block Deal at ₹197 Floor Price
Shadowfax Technologies launched a high-stakes block deal on the Bombay Stock Exchange (BSE) on Tuesday, offering a 9% equity stake at a floor price of ₹197 per share. The transaction…
Posted inEconomy
Beyond Headline Returns: Edelweiss Urges Shift Toward Risk-Adjusted Strategies via SIFs
Edelweiss Mutual Fund has urged Indian investors to pivot from chasing absolute headline returns toward prioritizing risk-adjusted performance across equity portfolios, speaking during a market strategy update in Mumbai this…
Posted inMarket
Indo-MIM IPO Sees Strong Demand on Day 1, Subscribed 1.4 Times Led by NII Interest
Indo MIMs 500 crore IPO is off to a strong start with a 1.4x subscription on day one driven by massive interest from non institutional investors.
