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Shares of sugar companies including Balrampur Chini Mills, Dhampur Sugar, Dalmia Bharat, Shree Renuka and EID Parry rallied up to 8%, extending gains for a second session, after Indian sugar prices surged to Rs 4,400-4,800 per quintal, up 8-10% in the last month, marking a 7-year high. The rally comes amid a rapid surge in…
Manorama Industries shares rallied over 8% to Rs 1,747.25 on the BSE on Friday after the specialty fats and cocoa butter equivalent (CBE) manufacturer reported strong earnings for the June quarter. The sharp buying momentum pushed the stock near its 52-week high of Rs 1,867, driven by investors reacting positively to a 67.6% surge in…
Shares of Zee Entertainment Enterprises (ZEEL) rallied as much as 8% to a day’s high of Rs 105 on the BSE on Friday after the Securities Appellate Tribunal (SAT) granted interim relief to the company in its case against the Securities and Exchange Board of India (SEBI). SAT stayed the SEBI order against Zee Entertainment…
Shares of Praj Industries surged 6.50% to Rs 342.45 in Friday’s trading session after the company reported strong performance for the June quarter, with consolidated net profit more than doubling year-on-year. The company’s Q1FY27 net profit jumped 117% to Rs 12 crore, compared with Rs 5 crore in the corresponding quarter last year. Revenue from…
The Employees’ Provident Fund Organisation (EPFO) will host a live session on 18 August, allowing members and stakeholders to raise their grievances and seek resolutions. The session will focus on pension-related issues, with experts addressing queries and clarifying concerns. The session begins at noon, and interaction will take place via comments. Members can post their…
Shares of Jubilant Foodworks jumped around 6% on Friday after the company reported a 6% year-on-year rise in consolidated net profit to Rs 97 crore in Q1 FY27, from Rs 92 crore in the same period last year. Jubilant Foodworks shares jumped to Rs 521 apiece on the NSE. The company that operates Domino’s India…
Galaxy Surfactants shares hit a 20% upper circuit at Rs 2,505.60 on the BSE on Friday after the home and personal care specialty chemicals maker reported a strong Q1FY27 performance, with record quarterly operational earnings and more than doubling of net profit. The company reported a consolidated net profit of Rs 165.9 crore for the…
Shares of Sammaan Capital fell nearly 4% to the day’s low of Rs 155 on the NSE after the company reported a 27% decline in consolidated profit to Rs 243 crore in the first quarter ended June. According to a filing with the exchange, the company’s consolidated profit declined by 27% to Rs 243 crore…
Investors holding Sovereign Gold Bond (SGB) 2019-20 Series III can opt for premature redemption from today, August 14, 2026. The Reserve Bank of India (RBI) has fixed the redemption price at ₹15,310 per unit, sharply higher than the issue price of ₹3,449 per gram for investors who applied online. The price translates into an absolute…
The Indian stock market traded in the red on Friday, with Sensex and Nifty continuing to remain range bound despite oil prices stabilizing at around $87 per barrel. Sensex fell over 300 points to 77,762 while Nifty 50 fell 68 points to 24,328 on Friday. Broader markets remained muted, with Nifty Midcap 100 and Nifty…