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TD Power Systems spurts as Q1 profit jumps 72%

Mumbai, Aug. 12 -- On a consolidated basis, profit after tax increased 72.3% YoY and 19.5% QoQ to Rs 86.29 crore in Q1 FY27. Revenue from operations increased 72.1% YoY and 8.6% QoQ to Rs 640.05 crore... Read More


AI to define this decade as digitalisation defined the 2000s and liberalisation the 1990s, says RBI guv

Mumbai, Aug. 12 -- Reserve Bank of India Governor Sanjay Malhotra on Tuesday urged Indian banks to treat artificial intelligence as a board-driven strategic commitment rather than a series of technolo... Read More


Divgi Torqtransfer Systems surges as Q1 profit jumps 183%

Mumbai, Aug. 12 -- On a standalone basis, profit after tax jumped 183.15% year on year to Rs 25.2 crore in Q1 FY27 from Rs 8.9 crore in Q1 FY26. On a quarter-on-quarter basis, profit rose 62.58% from ... Read More


Ardee Industries gains on market debut

Mumbai, Aug. 12 -- The stock debuted at Rs 73.60, marking a premium of 38.87% to the issue price. So far, the stock has hit a high of Rs 660 and a low of Rs 634.55. On the BSE, over 26.91 lakh shares... Read More


Leap India IPO wraps up with 8.38x subscription

Mumbai, Aug. 12 -- The initial public offer of Leap India received bids for 96,32,60,770 shares as against 11,49,91,735 shares on offer. The issue was subscribed 8.38 times. The qualified institution... Read More


Saatvik Green Energy gains after bagging Rs 400-cr order

Mumbai, Aug. 12 -- According to an exchange filing, the order is scheduled to be executed by March 2027. The company clarified that the order does not constitute a related-party transaction and that n... Read More


Delta Corp slips on reporting dismal Q1 performance

Mumbai, Aug. 12 -- Revenue from operations declined 8.48% YoY to Rs 168.55 crore from Rs 184.17 crore. The company reported profit before exceptional items and tax of Rs 27.74 crore in Q1 FY27, compa... Read More


Bata India rises after recording 23% YoY increase in Q1 PAT

Mumbai, Aug. 12 -- Total operating expenditure increased by 3.6% to Rs 774.98 crore in Q1 FY27 over Q1 FY26, primarily due to higher finished goods purchases (up 12.2% YoY) and higher other expenses (... Read More


Base Metals Preview: COMEX copper well supported above $6.6 per pound mark

Mumbai, Aug. 12 -- COMEX copper stays well supported above $6.6 per pound mark on Wednesday morning in Asia supported by a drop in London Metal Exchange (LME) inventories to a six-month low, alongside... Read More


Precious Metals Preview: COMEX gold and silver futures stay supported ahead of US CPI report

Mumbai, Aug. 12 -- COMEX gold futures extend upside on Wednesday morning in Asia with all eyes glued to upcoming US consumer price data that could provide fresh clues on the Federal Reserve's policy o... Read More