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Piramal Enterprises reported a 52% rise in consolidated Q1 net profit to Rs 276 crore, driven by lower credit costs and a 37% surge in retail loan AUM. While standalone profit dropped, the company's retail focus and improving margins signal positive momentum ahead.
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News and Media
The National Stock Exchange (NSE) on Wednesday said it will introduce a lower price cap of 20 per cent below the issue price for SME initial public offerings (IPO) during the special pre-open session which will be effective on August 4.
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News and Media
Nine Nifty500 companies have reported consistent EPS growth for four straight quarters till June 2025, signaling strong profitability and financial health, as per StockEdge.coms profitability scan.
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News and Media
Tata Investment Corporation will evaluate a stock split proposal during its August 4 board meeting, alongside Q1 results. The move aims to boost stock liquidity and accessibility for retail investors, subject to shareholder and regulatory approvals.
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News and Media
Markets regulator Sebi on Wednesday imposed a penalty totalling Rs 3.87 crore on 11 individuals for manipulating the share price of Darshan Orna Ltd (DOL) using social media channels.
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News and Media