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Shiprocket trims IPO by 30% to Rs 1,617 crore; issue opens August 12Shiprocket now aims to raise Rs 885 crore through a fresh issue, down from the Rs 1,100 crore proposed earlier, while the offer-for-sale (O...
Novelis targets debt reduction as it aims to bring leverage below 4xBy fiscal year-end, Novelis expects its net leverage ratio to fall beneath four times, as they wind down their peak capital expenditure eff...
PB Fintech Q1 Results: Policybazaar parent's profit soars 92% to Rs 163 crore as insurance premium grows 41%PB Fintech reported a 92% year-on-year rise in Q1FY27 consolidated profit to Rs 163 crore, driven by robust insurance premium growth, highe...
Policybazaar parent’s Q1 profit jumps 92% driven by margin gainsThe Gurugram-based company’s net profit for the quarter jumped 92% year-on-year (YoY) to Rs 163 crore as operating margins recorded signifi...
Vedanta Aluminium shares can rally up to 28%? Why Systematix initiated coverage on the stockVedanta Aluminium shares: Systematix Institutional Equities initiated coverage on Vedanta Aluminium with a Buy rating and a target price of...
Buy, Sell or Hold: Nuvama maintains a buy on NYKAA and Uno Minda; Elara Securities recommends buy on Godrej PropertiesBrokerages remain bullish on select consumer, auto component, and real estate stocks. Nuvama reiterated 'Buy' on Nykaa (target Rs 414) and ...
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...
Swiggy shares fall 6% in 2 days despite strong Q1 earnings. Should you buy, sell or hold?Swiggy shares declined six percent over two days despite reporting strong first-quarter earnings. The company's net loss decreased by thirt...
Urban Company shares zoom 15% after Q1 results. Why Motilal Oswal raised target priceUrban Company reported a Rs 92 crore net loss in Q1 FY27 despite a 44% YoY rise in revenue to Rs 528 crore, mainly due to losses from its I...
Urban Company Q1 Results: Firm posts Rs 92 crore loss vs profit year ago; revenue rises 44% YoYUrban Company slipped to a Rs 92 crore net loss in Q1 FY27 despite a 44% year-on-year rise in revenue to Rs 528 crore, as aggressive expans...
Swiggy contra view: Why JM Financial downgraded the stock to 'sell' despite strong Q1 resultsBajaj Finance shares jumped 5% after the NBFC reported a strong Q1 FY27 performance, with standalone net profit rising 28% YoY to Rs 6,081 ...
Swiggy shares plunge 6% even as losses narrow. Should investors buy, sell or accumulate?Swiggy Share Price: Swiggy shares plunged as much as 6% after the food delivery and quick commerce company reported its June-quarter result...
Swiggy’s Q1 loss narrows as Instamart's profitability push slows growthThe Bengaluru-based food and grocery delivery company said that its quick commerce unit Instamart, which became contribution level neutral ...
Instamart operating-level breakeven hinges on order volumes expanding 2.5xFor the first quarter of FY27, Instamart broke even at the contribution margin level, in line with the guidance the company had provided fi...
CBIZ shares soar 17% after Grant Thornton agrees to buy company in $5 billion cash dealCBIZ shares surged 17% after Grant Thornton Advisors agreed to acquire the company for $5 billion in cash. The deal will create the fifth-l...
ETtech Explainer: Why PhonePe’s UPI lead lags Paytm’s profitsPhonePe's revenue grew while its net loss widened significantly in FY26. Paytm's revenue increased and it achieved profitability against a ...
Bombay Shaving Company posts 139% revenue growth, cuts lossses by 85% in FY26According to market intelligence firm Tracxn, Bombay Shaving Company has raised $69.8 million in total equity funding across 14 rounds, inc...
Meesho Q1 Results: Loss narrows to Rs 133 crore; marketplace revenue rises 48%Meesho narrowed its June-quarter loss to Rs 133 crore as marketplace revenue surged 48% and user engagement strengthened. Better delivery c...
Will Blinkit growth sustain amid competition? 5 things to know from Eternal's shareholder letterEternal's Q1 shareholder letter highlights Blinkit's rapid expansion, improving profitability and rising capital investments, while food de...
Eternal Q1 Results: Cons PAT skyrockets 268% YoY to Rs 92 crore; revenue zooms 182%Eternal Q1 Results: Food delivery giant Eternal reported a 268% year-on-year jump in consolidated net profit to Rs 92 crore for Q1 FY27, wh...