Deepinder Goyal Joins India’s Ultra‑Luxury Residential Ranks with ₹52.3 Crore DLF Camellias Flat
Deepinder Goyal, co-founder and CEO of Zomato, has joined an elite subset of Indian entrepreneurs with a 10,813 sq ft ultra‑luxury apartment at DLF Camellias, Gurugram, valued at ₹52.3 crore. Though the purchase took place in 2022, the official conveyance deed was registered on March 17, 2025, and stamp duty of ₹3.66 crore was paid. The acquisition…
TCS Shares Slide Over 2% as Q1 Revenue Disappoints — IT Peers Tumble in Lockstep
Tata Consultancy Services (TCS), India’s largest IT services company, saw its shares decline over 2% after reporting flat or modest sequential growth in Q1FY26 revenue. The miss triggered a sharp sell-off across the entire IT pack, with Infosys, HCLTech, Wipro, and Tech Mahindra all closing lower in a weak sector session. TCS Q1 Earnings: Profit…
Infosys Share Price Drops 1.34% in Afternoon Trade Amid IT Sector Weakness
Shares of Infosys Ltd. closed down approximately 1.34%, hitting around ₹1,594.10 on the NSE, as of early afternoon—marking a cautious day for India’s IT giants. Broader IT Sell-Off: Industry Weakness Weighs The decline occurred within a broader sector downturn, led by Tata Consultancy Services (TCS). TCS reported underwhelming Q1 results, reigniting concerns over weak revenue…
Power Finance Corporation (PFC) Shares Rise 1.22% on Volume Surge: Momentum Building in PSU Bank Financing Stock
Shares of Power Finance Corporation Ltd. (PFC) advanced 1.22%, trading around ₹434.70, driven by a notable spike in trading volumes. As one of the most active mid-cap PSU plays in the market, PFC stood out amid a broadly subdued market mood. The activity reflects renewed investor interest, boosted by Morgan Stanley’s recently initiated coverage and…
JP Power Soars 8%, Hits 52‑Week High at ₹24.86 – Is the Rally Sustainable?
Shares of Jaiprakash Power Ventures (JP Power) surged nearly 8% intraday, touching a fresh 52‑week high of ₹24.86 on strong volume and bullish momentum. The stock, which opened at ₹23.17 versus the previous close of ₹23.02, later trimmed gains and was trading near ₹23.70 around mid-afternoon. Over the past month, JP Power has rallied nearly…
Tata Elxsi Cracks 8% as Q1 Profit Slumps 22%
Tata Elxsi’s stock plunged nearly 8%, intraday to around ₹5,679, as its Q1FY26 results disappointed across both top and bottom line. Consolidated net profit dropped 22% YoY to ₹144.4 crore, compared to ₹184 crore in Q1FY25, while revenue slipped 3.7% YoY to ₹892 crore. Financial Highlights & Market Reaction Brokerages turned bearish—Morgan Stanley and JPMorgan maintained Underweight calls…
Priya Nair: From Sydenham to CEO – The Journey of HUL’s First Woman Leader
Priya Nair has been appointed as the Managing Director & Chief Executive Officer of Hindustan Unilever Limited (HUL), effective August 1, 2025, succeeding Rohit Jawa. With nearly three decades at HUL and leadership roles globally, she becomes the company’s first woman CEO in its 92‑year history. Education & Early Aspirations A 30‑Year Climb inside Hindustan…
IREDA Shares Tank 6% as Q1 Profit Slumps 36% Amid Rising Bad Loans, Gensol Exposure Alerts Markets
Shares of Indian Renewable Energy Development Agency (IREDA) slid around 6.2%, hitting an intraday low of ₹159.05 on the BSE. Investor sentiment turned soured after Q1FY26 standalone net profit plunged 36% year-on-year to ₹247 crore, down from ₹384 crore in Q1FY25. This comes despite a 29% rise in interest income, underscored by worsening asset quality…
Glenmark Pharma Hits 52‑Week High, Surges 10% After $700M AbbVie Licensing Deal
Shares of Glenmark Pharmaceuticals Ltd. surged approximately 10%, hitting the upper circuit limit and a fresh 52-week high of ₹2,095.65 on the BSE. The powerful rally was fueled by a blockbuster $700 million in upfront licensing fee from U.S.-based pharma giant AbbVie for Glenmark’s experimental cancer drug ISB 2001, driving investor sentiment into overdrive. Despite…
GLEN Industries IPO Sees Massive Retail Interest; GMP Jumps to 31%
GLEN Industries, a BSE‑SME listed maker of eco‑friendly food packaging products, is making headlines as its IPO oversubscribes 7.75×, fueled largely by retail investors. Meanwhile, the grey market premium (GMP) has surged to ₹30, or 31%, suggesting a robust listing day ahead. Here’s a comprehensive look at what’s unfolding around the IPO, what’s driving the…
