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Pine Labs Q2 net profit surges over six-fold to Rs 39 crore; revenue rises 24%Pine Labs has shown impressive growth with a net profit reaching Rs 38.57 crore in the September quarter. The company's revenue from operat...
Pine Labs shares jump 7% as Q2 net profit soars 543% YoY to Rs 39 crorePine Labs shares rose sharply on Thursday after the fintech company reported a 543% year-on-year jump in Q2 FY27 net profit to Rs 38.6 cror...
Stocks in news: Jio Platforms, RIL, Hero MotoCorp, Meesho, TVS Motor, Vedanta Aluminium and Suzlon EnergyIndian equities ended lower on Wednesday, primarily driven by selling in heavyweight stocks. Information technology and oil and gas shares ...
Stocks in news: Reliance Industries, Eternal, Alkem Labs, BEL, HPCL, Swiggy and GMDCIndian markets witnessed a downturn on Wednesday, prompted by significant selling in banking stocks. After showing initial promise, the Nif...
These mid-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 25%, according to analystsWhy should one be careful of the market at this juncture? One reason is that stocks are still not cheap. Even after all the nervousness of ...
TCS, Infosys, HCL Tech, other IT stocks jump up to 3% despite weak market sentiment. What to expect as Q2 earnings season begins?IT stocks rose on Thursday as investors turned their attention to TCS, which is set to kick off the Q2 earnings season. Analysts expect mod...
UPI MDR could bring transaction value into payment apps’ market-share battle, industry executives sayThe new revenue stream could also draw banks and ecommerce companies into consumer UPI. Pine Labs chairman, managing director and chief exe...
UPI MDR bonanza: Why Paytm may win bigger, but Pine Labs could gain fasterPaytm and Pine Labs stand to benefit from the new UPI MDR framework, but the impact could differ sharply. Paytm has a larger absolute reven...
Paytm shares jump 7% as Jefferies, other brokerages raise target prices and earnings estimates after new UPI chargesPaytm shares surged over 7% after brokerages raised target prices following the introduction of MDR on select UPI transactions above Rs 2,0...
Paytm, MobiKwik, Pine Labs shares rally up to 6% after govt announces UPI fees above Rs 2,000. Why brokerages are bullishPaytm, MobiKwik and Pine Labs are likely to remain in focus after the government announced MDR on select UPI transactions above Rs 2,000. F...
Coforge row deepens; MDR on UPI coming soonCoforge’s boardroom brouhaha has taken a new turn days after chairman Om Prakash Bhatt’s resignation. This and more in today’s ETtech Top 5.
Pine Labs to step up agentic commerce investments: CEO Amrish RauPine Labs has developed P3P, an autonomous payment protocol built on the Unified Payments Interface (UPI), under which buyer and seller age...
Pine Labs Q1 profit rises fourfold to Rs 20 crore; retains FY27 growth guidanceRevenue from operations rose 20% to Rs 736.9 crore from Rs 615.9 crore. The growth was led by its issuing and acquiring platform, which exp...
Pine Labs Q3 Results: Co swings to black with cons PAT of Rs 42 crore versus YoY loss; revenue rises 24%Pine Labs swung to a consolidated profit of Rs 42 crore in Q3FY26 after a loss last year, driven by 24% revenue growth and strong platform ...
Pine Labs IPO Day 3: Weak GMP, tepid subscription demand. Should you apply?Pine Labs’ Rs 3,900 crore IPO faces lukewarm investor demand on its final day, with just 54% subscription and a weak grey-market premium. D...
Pine Labs IPO Day 2: GMP falls, issue sees lukewarm subscription. Should you apply?Pine Labs IPO: The grey market premium for the issue has dropped to 1.81% from 5%, signalling softer investor sentiment. The IPO’s price ba...
Pine Labs IPO subscribed 13% on Day 1. GMP positive; should you consider applying?Pine Labs' Rs 3,900 crore IPO opened with a 13% subscription on its first day, indicating a slow start. The company, a leading merchant com...
Pine Labs IPO opens for bidding: Check GMP, subscription, review and other detailsPine Labs' Rs 3,900 crore IPO is open for subscription until November 11, with a price band of Rs 210-221 per share. The company, a leading...
No window for IPO in current market situation: Pine Labs CEO Amrish RauAmrish Rau says investors want market storm to clear up before going for an IPO; eyes sales outpost in US, EU.
Pine Labs gets funding at $3.5-billion valuation ahead of US IPOFintech startup Pine Labs has raised $315 million from Fidelity and BlackRock, among others, to close its latest funding round at $600 mill...