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Shares of The Great Eastern Shipping Company (GE Shipping) witnessed strong buying interest on Tuesday, climbing 9% to Rs 1,523.40 after the company reported robust financial performance for the first quarter of FY27. The shipping major posted a sharp jump in profitability, with consolidated net profit more than doubling year-on-year, supported by strong revenue growth….
Shares of KEI Industries rallied 6.77% to Rs 5,363.20 during Tuesday’s trading session after the company reported a robust performance for the first quarter of FY27, driven by strong demand in its wires and cables business, improved operating efficiency, and margin expansion. The company posted a 40% year-on-year (YoY) growth in consolidated net profit, which…
Shares of Thangamayil Jewellery dipped another 5% to a lower circuit of Rs 4,723 on the BSE on Tuesday even as the company announced sales of Rs 344 crore in just the first three days of August amid Aadi Perukku, an auspicious festival in Tamil Nadu. With Tuesday’s decline, the stock is down 35% in…
Shares of Dabur India fell nearly 3% on Tuesday after the Food Safety and Standards Authority of India (FSSAI) barred the FMCG major from selling certain food products carrying misleading “100%” claims. In a post on X, the food regulator said it had issued a prohibition order after finding that products such as honey, cow…
The Reserve Bank of India (RBI) has introduced new guidelines for small finance banks (SFBs) regarding fixed deposit (FD) interest rates and related factors. The changes have been announced under the ‘Reserve Bank of India (Small Finance Banks – Interest Rate on Deposits) Second Amendment Directions, 2026’, and they will come into force from 1…
Thousands of employees who began working before the Universal Account Number (UAN) system was introduced may have multiple Employees’ Provident Fund (EPF) accounts that are not fully linked to their current UAN. This often creates problems while transferring PF balances, filing withdrawal claims or establishing a complete service record for pension benefits. The Employees’ Provident…
Startup employees who receive payouts when their vested but unexercised employee stock options (ESOPs) are bought back before they are exercised could have a stronger case for seeking capital gains tax treatment instead of paying tax under the salary head. In a recent order, the Bengaluru bench of the Income Tax Appellate Tribunal (ITAT) remanded…
Gold and silver prices: The price of the yellow metal in India’s retail market rose on Tuesday, 4 August, amid renewed hopes of a peace resolution between the US and Iran, to bring an end to the ongoing conflict. US President Donald Trump, as per a CNBC report, insisted talks between the US and Iran…
Investors in the MV Electrosystems IPO are likely to know their allotment status today, August 4, as the company is expected to finalize the share allocation for its Rs 290 crore public issue. Once the allotment process is completed, applicants can verify whether they have been allotted shares through the registrar, KFin Technologies, or via…
Investors who applied for the Juniper Green Energy IPO are expected to receive their allotment status today, August 4, as the company is likely to finalize the share allocation for its Rs 1,800 crore public issue. Once the allotment is completed, applicants can check whether they have received shares through the IPO registrar KFin Technologies…