Delhivery Limited, one of India’s leading logistics and supply chain services providers, has reported a robust financial performance for the first quarter of FY2025-26. The company posted a 67% year-on-year increase in consolidated net profit, reaching ₹54.4 crore in Q1 FY26, compared to ₹32.5 crore in the corresponding quarter last year. Revenue from operations also…
India’s growing emphasis on economic resilience and strategic autonomy has sparked a major policy shift aimed at rebalancing its trade equation with China. While Beijing continues to be New Delhi’s largest source of imports, the Indian government, industry stakeholders, and policy planners are increasingly focused on reducing this dependence by diversifying import sources, ramping up…
The M&B Engineering IPO closed its final day on a strong note, having been subscribed more than 3.5 times on Day 3, reflecting robust investor interest across retail and non-institutional categories. This impressive traction highlights growing optimism around the company’s fundamentals, future growth prospects, and its solid presence in the infrastructure and steel fabrication domain….
In a strong opening to its public market debut, Flysbs Aviation’s SME IPO garnered significant investor interest, with 50% of the issue subscribed by midday on Day 1, reflecting a robust appetite from retail participants. Meanwhile, the grey market premium (GMP) surged to ₹195, indicating a potential 87% listing gain over the IPO’s upper price…
Swiggy, one of India’s largest food delivery and quick commerce platforms, released its financial results for the first quarter of FY26, and the figures paint a picture of aggressive growth met with equally sharp financial challenges. The company recorded a robust 54% year-on-year jump in operating revenue, rising to ₹4,961 crore in Q1 FY26 from…
Digital payments major MobiKwik has reported a significant financial setback in the first quarter of FY26, with a 20% decline in revenue year-on-year and a more than six-fold spike in net losses. The Gurugram-based fintech firm disclosed that its total revenue fell to ₹271.4 crore in Q1FY26, compared to ₹345.8 crore in the same quarter…
Reliance Industries Ltd (RIL), India’s largest conglomerate, is reportedly in advanced-stage negotiations to lead a $50 million funding round in Digantara, a Bengaluru-based spacetech startup known for its innovative space situational awareness (SSA) technology. The proposed investment underscores Reliance’s expanding ambitions beyond traditional energy and telecom into the fast-growing new space economy, positioning itself as…
Zen Technologies Ltd, a Hyderabad-based defense technology firm specializing in combat training solutions and simulators, has seen its stock tumble nearly 20% over the last five trading sessions. The sharp correction has caught the attention of both retail and institutional investors, prompting concern about the future trajectory of the stock that had been on a…
Brigade Hotel Ventures Ltd, a subsidiary of the Bengaluru-based Brigade Group, is all set to open its initial public offering (IPO) on Thursday. The public issue has garnered significant attention in financial circles, not only due to the company’s background in the thriving Indian hospitality sector but also because of its association with the Brigade…
Shares of Varun Beverages Ltd (VBL), one of India’s largest beverage bottlers and a key PepsiCo franchisee, have lost momentum recently, raising concerns among investors. Despite a strong fundamental business model and a history of robust earnings, the stock has faced notable headwinds in recent trading sessions, shedding nearly 12% over the past month and…
