SUNAINA

Honasa Consumer aims for The Derma Co to reach an annual revenue run rate of Rs 1,000 crore in 3-5 years, alongside other brands Aqualogica and Dr. Sheth’s targeting Rs 500 crore, and BBLUNT aiming for Rs 250 crore. The company’s flagship Mamaearth has already hit Rs 1,000 crore ARR. Investors should note growth prospects … Read more

Odisha Chief Minister Mohan Charan Majhi announced that Railway Minister Ashwini Vaishnaw approved Rs 15,000 crore for six new railway projects in the state. The approval, confirmed on July 27, aims to enhance infrastructure and boost economic development in Odisha. Key projects include lines from Gunupur to Theruvali and Junagarh Road to Nabrangpur. Investors should … Read more

REA India’s revenue rose 31% to Rs 563 crore for the fiscal year ended June 2024, driven by high demand for residential properties. The company, which owns Housing.com, PropTiger, and Makaan.com, saw a revenue increase from Rs 430 crore in FY23. Innovations and strong online events contributed to the growth. The rise in app traffic … Read more

Kinetic Green has secured $25 million (around Rs 209 crore) from Greater Pacific Capital in its Series A funding round, aiming to raise up to $40 million. The funds will support scaling production at its Supa facility, marketing its E-Luna model, and developing new products. Kinetic Green’s first external equity raise comes as the Indian … Read more

Voltas Ltd posted a consolidated net profit of Rs 335 crore for Q1 FY25, a more than 2x increase from Rs 129.42 crore last year. The company sold one million AC units in the June quarter and saw total income rise 45.81% to Rs 5,001.27 crore. Revenue from unitary cooling products surged 51.24%. Voltas remains … Read more

Godrej Properties plans to launch residential projects worth Rs 21,000 crore by March across major cities. The firm aims for 20% sales booking growth this fiscal year, targeting Rs 27,000 crore. In Q1 FY24, sales bookings surged nearly fourfold to Rs 8,637 crore, and net profit jumped over four times to Rs 520 crore. The … Read more

SEBI Chief Madhavi Puri Buch faces accusations from the Hindenburg report, alleging wrongdoing and links to Adani’s ongoing investigation. Experts have dismissed the report as flawed and mischievous, suggesting it may be driven by vested interests aiming to undermine SEBI’s authority. Financial professionals view these allegations as an attempt to discredit the regulator. Investors should … Read more

Hindenburg Research LLC is a US-based financial analysis firm known for conducting in-depth investigations into companies, often uncovering financial irregularities or fraudulent activities. Their research typically involves short-selling, where they profit from declines in stock prices. Hindenburg Research publishes detailed reports highlighting concerns about company practices, which can significantly impact stock valuations and investor confidence. … Read more

The Congress party called for immediate government action to address conflicts of interest in SEBI’s investigation of the Adani Group, following Hindenburg Research’s new allegations against SEBI Chairperson Madhabi Buch. The Congress also demands a Joint Parliamentary Committee (JPC) to probe the “Adani mega scam,” criticizing SEBI’s lack of progress and transparency. Investors should watch … Read more