Lenskart shares hit record high on near four-fold profit jump
Lenskart shares hit a record high of Rs 627 on August 13 after the eyewear retailer reported a near four-fold jump in net profit to Rs 228 crore for the June quarter.…
Business & Economy192- Page
Indian business, markets, economy, and finance news in brief: RBI, SEBI, corporate India, and the numbers that matter.
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Rupee opens at 95.36, RBI intervention curbs fall
The Indian rupee opened at 95.36 against the US dollar on Thursday, down 3 paise from the previous close, as persistent dollar demand from hedgers weighed. Reserve Bank of India intervention, including…
Waterways Leisure Tourism sets August 26 for 1:10 stock split
Newly-listed cruise operator Waterways Leisure Tourism announced Wednesday, 26 August, as the record date for a 1:10 stock split. The company’s board had approved the subdivision on 10 July, and shareholders gave…
Milky Mist IPO booked 42 times on final day, QIBs lead
Milky Mist Dairy Food's Rs 1,553-crore IPO was subscribed 42.29 times on the closing day, with qualified institutional buyers (QIBs) leading demand at 112.28 times their allotted portion, reports The Hindu BusinessLine.…
LEAP India IPO lists Friday with modest GMP of Rs 12
LEAP India shares debut on BSE and NSE on Friday, 14 August, with a grey market premium of Rs 12-12.5 over the issue price of Rs 159, indicating a listing gain of…
Analysts split on gold path: Rs 160,000 target vs profit booking
Gold prices have rallied sharply but analysts are divided on the near-term outlook. Jateen Trivedi of LKP Securities told Times of India that profit booking is likely, recommending a sell-on-rise strategy near…
Airtel drops Rs 299 plan; rivals may raise prepaid tariffs
Airtel has discontinued its Rs 299 prepaid plan, a move that analysts at Centrum say may prompt rivals Vodafone Idea and Jio to follow suit. The brokerage's Pandey told NDTV Profit that…
TCS, Google Cloud open AI centre in Mexico City
Tata Consultancy Services and Google Cloud have launched a Gemini Experience Center in Mexico City, the ninth such facility globally and the second in Latin America, rediff.com reports. The centre houses over…
Sensex Gains 0.15%, Nifty Falls 0.16% on Crude Oil Jitters
Indian stock markets ended mixed on Thursday, with the Sensex rising 0.15% to 78,079.96 and the Nifty slipping 0.16% to 24,395.85, as elevated crude oil prices and geopolitical tensions over the Strait…
Jefferies cuts TCS target for third time, sees 23% downside
Jefferies has slashed its target price on Tata Consultancy Services to Rs 1,800 from Rs 2,275, its third cut this year, warning of AI-led revenue deflation. The brokerage retained an 'underperform' rating…
