Business News
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Orient Electric – Strong Q1; growth momentum to sustain; maintain BUY
A 17% EBITDA beat was driven by stronger-than-expected L&S and ECD growth, with tighter SG&A offsetting RM cost pressures. Fan market share gains continue, supported by premiumisation and the DTM strategy. We expect growth momentum…
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Lohia Corp Limited’s IPO Subscribed 39% on Day 1 of IPO
Issue closes on Monday, July 27, 2026, for bidding Mumbai: The Initial Public Offering of Lohia Corp Limited was subscribed 0.39 times on the first day of bidding, demonstrating strong demand from retail and Qualified…
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Weakness persists amid global headwinds; Nifty slipped towards fragile juncture
The benchmark index started the session on a weak note, tracking negative cues from GIFT Nifty amid heightened geopolitical uncertainty and a sharp rise in crude oil prices. The index began the session with a…
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HPCL Q1 FY27 Results: ₹1.45 Lakh Crore Revenue Amid Net Loss & Energy Transition Push
Mumbai : Hindustan Petroleum Corporation Limited (HPCL) today announced its financial results for the quarter ended June 30, 2026. The performance reflects the impact of the ongoing West Asia crisis and also HPCL’s resilient performance…
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Mahindra Holidays Q1 FY27 Results: 5% Revenue Growth Strengthens Hospitality Outlook
Sales Value up by 22% YoY led by Premiumization & Upgrades Mumbai: Mahindra Holidays & Resorts India Ltd. (‘Company’), India’s leading leisure hospitality provider, reported its standalone and consolidated financials for the quarter ending 30th…
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Shiprocket & Deloitte Launch AI for Bharat Commerce, Projecting $250B E-Commerce by 2030
Mumbai: Shiprocket, India’s leading AI-driven commerce enabler, in partnership with Deloitte, today released “AI for Bharat Commerce: Unlocking the $250 Billion Business Opportunity,” a report mapping the next phase of growth for India’s e-commerce industry.…
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