Bandhan Bank Q1 Net Plunges 65%, Shares Fall 4%; Brokerages Stay Bullish
Shares of Bandhan Bank slumped over 4% in early trade on July 21, breaking a four-day winning streak, after the lender reported a 65% year-on-year decline in Q1 FY26 net…
Sebi Plans Second Fund Per Category to Address Mutual Fund Scalability Concern
In a major move aimed at striking a balance between investor interest and fund house flexibility, the Securities and Exchange Board of India (Sebi) has proposed allowing mutual fund houses…
GMR Airports Eyes Rs. 6,000 Cr Debt Raise to Refinance High-Cost Loans; Mutual Funds on Radar
Passenger growth, credit upgrades, and new duty-free operations position GMR for favourable debt market entry GMR Airports Ltd, the operator of Delhi, Hyderabad, and Goa airports, is working with Morgan…
Eternal Q1 Net Slumps 90% YoY to Rs. 25 Cr; Revenue Jumps 70%, Stock Rises 5%
Zomato-parent Eternal reports sharp profit drop despite strong top-line growth; stock ends higher on expansion bets Eternal Ltd (formerly Zomato) on July 21 reported a 90% YoY drop in consolidated…
IDBI Bank Q1 Net Rises 17% to Rs. 2,007 Crore; Asset Quality Improves, NIM Contracts
Strong earnings supported by higher other income and lower NPAs, but margin pressure weighs on stock performance. IDBI Bank reported a 17% year-on-year rise in net profit at ₹2,007 crore…
India Among Most Active IPO Markets Globally, But Trails US and China in Proceeds
India clocked 108 IPOs in the first half of 2025, signaling strong market participation, but total proceeds remained modest compared to global peers. India’s primary market remained one of the…
UltraTech Cement Q1 Net Rises 49% to Rs. 2,226 Crore, Misses Estimates; Cement Stocks Mixed
UltraTech’s June quarter earnings show strong growth but fall short of analyst estimates, keeping cement stocks in check. UltraTech Cement, India’s largest cement manufacturer, reported a 49% year-on-year jump in…
BEML Approves 1:2 Stock Split; Traders Eye Liquidity Boost, Midcap Action Ahead
Stock split move aims to enhance liquidity; record date yet to be announced, traders focus on delivery volumes and midcap cues. BEML triggers fresh buzz in the midcap space after…
Tata Capital Files Updated DRHP for IPO; Investor Buzz Lifts Tata Investment Shares
Tata Capital is moving ahead with its much-anticipated initial public offering (IPO). According to reports, the company has filed an updated confidential draft red herring prospectus (DRHP), a key step…
Jane Street Gets SEBI Nod to Resume Trading—With Limitations
New York-based hedge fund Jane Street has been granted permission by SEBI to resume trading in India, but with strict limitations. According to a Reuters report citing unnamed sources, the…
