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Sri Lotus Developers IPO to open on July 30; raises Rs.237 crore worth shares via anchor book

New Delhi, July 29 -- Sri Lotus Developers and Realty Limited has raised Rs.237 crore from anchor investors ahead of its initial public offering (IPO), which opens for public subscription on Wednesday... Read More


Laxmi India Finance IPO subscribed 0.37x on Day 1; retail shows higher participation

New Delhi, July 29 -- The initial public offering (IPO) of Laxmi India Finance received a muted response on its first day of bidding (July 29), with investors placing bids for 42.40 lakh shares agains... Read More


Market weakness temporary; earnings and capex cycle to drive recovery: Mansi Patel

New Delhi, July 29 -- The Indian stock market has remained range-bound with a negative bias since the start of July. The trend began to shift in late June, after benchmark indices touched a nine-month... Read More


Bank of India Q1 Results: Net profit soars 32% to Rs.2,252 crore, boosted by non-interest income; asset quality improves

New Delhi, July 29 -- Bank of India, a state-run lender, announced its June quarter results today, July 29, post-market hours, reporting a net profit of Rs.2,252 crore, a 32% increase compared to Rs.1... Read More


Top Gainers and Losers on July 29: Apar Industries, Tata Chemicals, Welspun Corp, Birlasoft among top gainers today

New Delhi, July 29 -- Indian equities ended Tuesday's trading session higher after a range-bound trade, snapping a three-day losing streak that had pushed the benchmark indices to a six-week low. The ... Read More


Indiqube Spaces IPO to list on Wednesday; here's what GMP signals ahead of listing

Indiqube Spaces IPO, July 29 -- The IPO of Indiqube Spaces, which concluded recently, is set to debut on the Indian stock exchanges on Wednesday, July 30. The issue received a healthy response from al... Read More


Varun Beverages Q2 Results: Profitability impacted by lower volumes; second interim dividend declared

New Delhi, July 29 -- Varun Beverages, one of the largest franchisees of PepsiCo globally (outside the USA), released its June quarter performance today, July 29, reporting a 5% YoY increase in net pr... Read More


Varun Beverages Q2 Results: Reports marginal profit growth as domestic volumes slip; second interim dividend declared

New Delhi, July 29 -- Varun Beverages, one of the largest franchisees of PepsiCo globally (outside the USA), announced its June quarter results on July 29, reporting a 3% decline in consolidated sales... Read More


SBI Cards share price crashes over 6% to 15-week low after analysts lower the target price on Q1 miss

New Delhi, July 28 -- Shares of SBI Cards and Payment Services tumbled 6.1% in intraday trade on Monday, July 28, hitting a 15-week low of Rs.834.75 apiece, after multiple brokerages cut their price t... Read More


Waaree Energies Q1 Results: Net profit soars 89% YoY to Rs.745 crore, achieves record module output

New Delhi, July 28 -- Waaree Energies, one of India's leading renewable energy companies, announced its June-ending quarter results on July 28, reporting a 89% jump in consolidated net profit to Rs.74... Read More