Business News Desk

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Smallcap stock jumps 3% after company’s revenue increases by 97% YoY: Dolphin Offshore Enterprises (India) Ltd

Shares of Dolphin Offshore Enterprises (India) Ltd, a leading integrated offshore oil & gas services company, surged nearly 3% in intraday trade on Tuesday after the company announced its impressive Q1FY26 results, reporting a 97% year-on-year growth in revenue. This strong performance has reinstated investor confidence in the smallcap stock, which has been gradually recovering…

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India’s Port Sector Set To Outpace Major Global Economies, Says Report

India’s port sector is poised to grow at a pace faster than major global economies, driven by robust infrastructure expansion, policy reforms, and increasing trade volumes, according to a recent industry report analysing maritime growth trends till 2030. The report highlights that India’s ports are set to witness cargo traffic growth of 7-8% annually, surpassing…

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Deloitte South Asia CEO sees FY26 GDP growth for India at 6.7 percent, says long-term prospects at 7-8 percent

India’s economic growth is projected to remain strong despite global headwinds, with Deloitte South Asia CEO Romal Shetty forecasting India’s GDP to grow at 6.7% in FY26, underpinned by domestic consumption, infrastructure spending, and government reforms. Speaking at a leadership summit, Shetty stated that India’s long-term economic growth prospects remain in the range of 7-8%…

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3 “Buy” recommendations from Jefferies; Up to 18% return potential on UltraTech Cement, JK Cement, Can Fin Homes

Global brokerage Jefferies has maintained its bullish stance on three Indian stocks, issuing “Buy” recommendations with up to 18% upside potential based on strong sector fundamentals, robust earnings outlook, and attractive valuations. The three stocks are UltraTech Cement, JK Cement, and Can Fin Homes, each backed by sector-specific tailwinds and company execution capabilities. UltraTech Cement:…

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Dalmia Bharat Q1 Results: Profit Nearly Triples To Rs 393 Crore

Dalmia Bharat Ltd, one of India’s leading cement manufacturers, reported a strong set of Q1FY26 results with net profit nearly tripling year-on-year, driven by higher cement sales volumes, better operational efficiencies, and lower input costs. The company reported a consolidated net profit of ₹393 crore for the quarter ended June 30, 2025, compared to ₹135…

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Dixon expects swift clearance for China JVs, to file new component applications next week

India’s largest electronics manufacturing services (EMS) company, Dixon Technologies, is confident of receiving swift regulatory clearance for its proposed joint ventures with Chinese companies as it looks to strengthen its component localisation strategy and scale up production under the government’s PLI (Production Linked Incentive) scheme. The company also plans to file fresh applications next week…

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KEI Industries Betting Big On Gujarat Plant To Ramp Up Exports

KEI Industries, one of India’s leading cable manufacturers, is betting aggressively on its new Gujarat plant to drive export growth and solidify its position as a global player in the cables and wires industry. The company has announced that its upcoming plant in Gujarat will cater significantly to international markets, including North America, Europe, and…

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Monarch Surveyors IPO subscribed 24.40 times; Check GMP, price band and other details

The SME IPO of Monarch Surveyors and Engineering Consultants Ltd closed with stellar subscription of 24.40 times, reflecting robust investor confidence despite market volatility. The issue opened on July 22, 2025 and closed on July 25, 2025, receiving an overwhelming response across all categories, especially retail individual investors (RIIs) and non-institutional investors (NIIs). IPO Subscription…

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Startup claims it can make gold from mercury using fusion; science fiction turns real

In a breakthrough that echoes ancient alchemical dreams, a US-based startup has announced that it has successfully converted mercury into gold using nuclear fusion technology. The claim has captured the imagination of scientists, investors, and the public alike, as transmutation of elements—once dismissed as science fiction or medieval fantasy—could now be entering the realm of…

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Monarch Surveyors IPO subscribed 11 times in four hours on Day 1; Retail, NII lead—GMP surges

The IPO of Monarch Surveyors and Engineering Consultants Ltd witnessed a blockbuster opening on Day 1 as it was subscribed 11 times within just four hours of bidding, driven by overwhelming demand from retail individual investors (RIIs) and non-institutional investors (NIIs). This strong response has boosted the grey market premium (GMP), signalling robust listing expectations….

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