SUNAINA

Vodafone Idea has partnered with HCLSoftware to enhance its 4G and 5G network efficiency using HCL Augmented Network Automation (HCL ANA). This AI-driven platform optimizes multi-vendor networks, reduces energy costs, and improves performance. The collaboration is expected to enhance service reliability, reduce operational dependency, and support cost-saving measures, potentially aiding Vodafone Idea’s financial stability amid … Read more

HCL Tech’s stock slumped nearly 10%, erasing ₹46,987 crore in market value, after Q3 earnings and guidance disappointed investors. Despite a 5.54% rise in net profit to ₹4,591 crore and revenue growth of 3.56%, revenue guidance was only marginally raised to 4.5-5%. Weak performance and subdued sentiment impacted IT stocks like Infosys and Tech Mahindra. … Read more

The Indian rupee appreciated 21 paise to 86.49 against the US dollar, recovering from a historic low. This was supported by easing crude oil prices and positive Consumer Price Index inflation data at 5.22% for December. Domestic equity markets showed recovery, with the Sensex rising 364.90 points. However, sustained foreign institutional investor outflows of ₹4,892.84 … Read more

Urja Global’s Q3 FY25 net profit fell 45% to ₹48.64 lakh due to a significant expense rise, which doubled to ₹20.11 crore. Despite higher costs, total income grew 82.5% year-on-year to ₹20.64 crore, up from ₹11.31 crore in Q3 FY24. Investors may remain cautious as higher operational costs weigh on profitability, even with revenue growth … Read more

Himadri Speciality Chemical posted a 31.55% increase in net profit at ₹141.94 crore for Q3 FY25, driven by robust export growth. Revenue grew 7.53% to ₹1,131.81 crore. The company plans a ₹120 crore investment in a new facility for high-value specialty products. The expansion of carbon black capacity to 2,50,000 metric tonnes per annum by … Read more

The rupee lost 58 paise to a historic low of 86.31 against the US dollar, driven by strong US job data, rising crude oil prices at $80.91 per barrel, and continued foreign outflows of Rs 2,255 crore. With the Sensex down 550 points, negative domestic equity performance further weakened sentiment. Elevated US treasury yields and … Read more

The Laxmi Dental Ltd initial public offering received a subscription of 1.66 times on its opening day, with retail investors oversubscribing by 5.35 times. The IPO, priced at ₹407-₹428 per share, closes on January 15 and aims to raise ₹698 crore, including ₹138 crore from fresh issuance. Proceeds will repay debt, fund capital expenditure, and … Read more

Avenue Supermarts, owner of D-Mart, reported a 4.8% rise in Q3 FY25 net profit to Rs 724 crore, while revenue grew 17.7% to Rs 15,973 crore. PAT margins dipped to 4.5% from 5.1% a year ago due to increased discounting in the FMCG category. DMart Ready online sales rose 21.5% in 9M FY25, with home … Read more

EMA Partners India’s IPO opens from January 17 to January 21, 2025, with a price band of ₹117-₹124 per share and a lot size of 1,000 shares. The company aims to raise Rs 76 crore, including a fresh issue of Rs 66.14 crore and an offer for sale of 7.96 lakh shares by promoters. Proceeds … Read more

Just Dial Ltd, now part of Reliance Retail Ventures Ltd, reported a 42.7% jump in net profit to Rs 131.31 crore for Q3 FY25, driven by an 8.4% rise in revenue to Rs 287.33 crore. The company achieved its highest-ever quarterly revenue, reflecting strong digital services growth. Focused on empowering small and medium enterprises, Just … Read more