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Ardee Industries IPO Day 3: GMP at 27%; issue subscribed over 14 times so far. Should you subscribe?By the close of the second day, the public issue had been subscribed 14.16 times, with bids received for significantly more than the 5.84 c...
Ardee Industries IPO Day 2: GMP at 29%; issue subscribed 3.08 times so far. Should you subscribe?On the first day of bidding, the IPO was subscribed 3.08 times, with bids received for more than 17.98 crore shares against the 5.84 crore ...
Copper hits two-month high above $14,000 as inventories dipCopper prices climbed above $14,000, reaching a two-month high on Tuesday. This surge was fueled by decreasing inventories outside the Unit...
Circuit breaker: PCB supply crunch could cut electronics output by 40% within 3 monthsIndustry body India Printed Circuit Association (IPCA) plans to write to the Centre, state governments, and banks within the next few days,...
Ather Energy shares zoom 18% after Q1 results. Why is it Nomura's top 2-wheeler pick?Ather Energy shares rose sharply on Tuesday after the electric two-wheeler maker sharply narrowed its June-quarter loss and reported strong...
Government invites applications for 30 products' import quota under India-Oman trade pactUnder the CEPA, India has granted quota-based tariff concessions to certain Omani goods such as dates, marble, copper weld wire, aluminium ...
Zinc India to remain at the driver seat for Vedanta, says ICICI Securities but cuts target price to Rs 345ICICI Securities cut Vedanta’s target price to Rs 345 from Rs 369, while retaining a positive view on zinc and silver prices. Zinc India re...
Carmakers partly absorb commodity shocks to keep production on trackIndian carmakers are absorbing rising commodity costs to sustain production levels. Demand for vehicles remains robust, driving sales growt...
AI boom, West Asia crisis trigger printed circuit board shortage, price rise in electronics industryThis crunch in printed circuit boards (PCB) -- a hardware platform on which components are fixed in electronic products -- stems from risin...
Q1 earnings this week: SBI, Trent, Nykaa among 573 companies set to announce June quarter resultsThis week, 573 companies will announce their June quarter results, featuring prominent firms. Bharti Airtel and Nykaa are among those repor...
Aluminium signals recovery after correction; supply risks and energy concerns may drive the next leg higherThe recent rebound has been supported by tightening global inventories, concerns over energy availability in key producing regions, geopoli...
Small aluminium manufacturers hit by high cost of raw material due to import parity pricing: ReportDomestic aluminium MSMEs face higher raw material costs due to import parity pricing. A report highlights this pricing mechanism squeezes t...
Global Market: China's factory activity contracts unexpectedly in July; metal, commodity stocks may stay under pressureChina's manufacturing activity unexpectedly slipped into contraction during July. The official manufacturing Purchasing Managers' Index fel...
Vedanta share price target: Why brokerages see up to 24% upside after Q1 earnings?Vedanta's net profit surged 72% year-on-year to Rs 5,473 crore. EBITDA also jumped 98% to a record Rs 8,469 crore. The company announced Ar...
Vedanta names Arun Misra as CEO, Q1 profit jumpsVedanta appointed Arun Misra as chief executive officer for a one-year term. The company reported a 72% jump in first-quarter profit, reach...
Vedanta Q1 Results: Profit jumps 72% YoY to Rs 5,473 crore; EBITDA soars 98% to record highVedanta's net profit surged seventy-two percent year-on-year for the first quarter. Revenue from operations also increased fifty-four perce...
India growth resilient amid global uncertainty, but crude risks lingerGlobal uncertainties resurface, impacting the worldwide economic outlook significantly. Resilient domestic demand continues to support Indi...
Copper slips ahead of Fed rate decision, aluminium rises on Gulf fightingCopper prices faced a downturn due to cautious trading leading up to the Federal Reserve's imminent interest rate decision. The easing of s...
Global Market: European shares gain as miners, energy stocks lead; investors track Middle East tensions, earningsEuropean stocks saw a slight increase, driven by strong mining and energy sectors. Commodity prices surged, influencing gains in these key ...
The New Oil? Why the world is chasing copperCopper has emerged as a strategic commodity powering the global shift towards clean energy, electric vehicles and digital infrastructure. W...