Curated coverage of DRHP filings, SEBI approvals, grey market trends, institutional bidding updates, and market listing reviews.
Sales rise 23.49% to Rs 949.76 crore
To mitigate the impact of higher aviation turbine fuel (ATF), IndiGo has raised airfares, but analysts believe it will not be enough to stem the Q1 profit fall.
Private bank stocks have plummeted this week following disappointing Q1 results, raising questions for investors. While experts advocate for selective buying amidst margin pressures, the outlook remains cautious due to rising costs and geopolitical concerns.
Sales rise 6.09% to Rs 301.57 crore
SpaceX shares have declined in 10 of the past 12 trading sessions amid a broader sell-off in artificial intelligence-related stocks and after the company aborted a launch of its Starship rocket due to an engine issue.
Sales rise 21.84% to Rs 560.16 crore
Total Operating Income rise 23.67% to Rs 1287.32 crore
Sales rise 38.92% to Rs 2.32 crore
Adani Power Q1 results: Adani Power's June quarter earnings revealed a 42% net profit rise to ₹4,806 crore and a 34% revenue boost to ₹18,902 crore. The firm plans to raise ₹15,000 crore for expansion and is actively pursuing growth in various energy sectors.
InterGlobe Aviation fell 3.38% to Rs 5,125.50 as rising crude oil prices weighed on aviation stocks.
The outlook for gold and silver remains cautious as geopolitical tensions and rising inflation from oil prices weigh on prices. Recent recoveries have not dispelled concerns over interest rate hikes. Future movements will hinge on the U.S.-Iran conflict and signals from US Fed upcoming meeting.
Paytm posted strong June-quarter results with robust payments growth, higher margins and tighter costs. But sustained stock re-rating will depend on AI monetization, while MDR and wallet licence remain key triggers.