Moderate valuation, growth triggers auger well for Shriram Finance stock

Business Standard

The stock reacted badly, falling 5.2 per cent to close at 621.85 on Monday on the BSE

ED conducts search operations at Gensol Engineering; seizes documents

Business Standard

On April 15, India's markets regulator took a slew of actions against Gensol over concerns that the company might have diverted funds raised for business towards personal luxury purchases

UCO Bank Q4 Results: Net Profit Rises 24%, Board Approves Raising Of Rs 2,700 Crore

NDTV Profit

The board authorised the lender to raise capital of Rs 2,700 crore in one or more tranches in FY26.

IDBI Bank's Q4 FY25 results: Net profit rises 26% to 2,051 crore

Business Standard

Non-interest income boosts bottom line; margins under pressure

Dr Reddy's Laboratories, Sanofi Healthcare partner for respiratory drug

Business Standard

Under the agreement, Dr Reddy's will have exclusive rights from SHIPL to promote and distribute Beyfortus within the country

Tejas Networks shares plunge 13% after Q4 loss of 72 crore

Business Line

The company's revenue rose by 44% yoy to 1,907 crore in the March-ended quarter as opposed to 1,327 crore in Q4FY24

Ather Energy IPO receives 16% subscription on Day 1 of bidding

Business Standard

The initial public offer of electric two-wheeler maker Ather Energy received a 16 per cent subscription on the first day of bidding on Monday. The initial share sale received bids for 86,09,406 shares against 5,33,63,160 shares on offer, according to data available with the NSE. The portion for retail individual investors (RIIs) fetched 63 per cent of subscriptions while the quota for the non-institutional category received 16 per cent of subscriptions. Ather Energy Ltd on Friday said it has mobilised Rs 1,340 crore from anchor investors. The Rs 2,981-crore public issue, with a price band of Rs 304-321 apiece, is available for public subscription from April 28-30. This is the first mainboard public issue of the current financial year 2025-26. The IPO is a combination of a fresh issue of equity shares worth Rs 2,626 crore and an offer-for-sale of 1.1 crore equity shares by promoters and other shareholders. At the upper end of the price band, the IPO size is pegged at Rs 2,981 cro

KPIT Technologies Q4 profit surges 49% to 245 cr

Business Line

Revenue rose 15.9% to 1,528.3 crore during the quarter against 1,317.8 crore a year ago

Castrol India's profit rises to Rs 2.33 bn on strong engine oil demand

Business Standard

Profit at Castrol India, majority-owned by British oil major BP, rose to Rs 2.33 billion ($27.4 million) from Rs 2.16 billion a year ago