Indian apparel exporters are expected to register a revenue growth of 9-11 per cent in FY2025, stated a report by ICRA. This, it added, will primarily be driven by the gradual liquidation of retail inventory in the key end markets and a shift in global sourcing to India, a part of the de-risking strategy adopted
Shoppers Stop Ltd announced its fiscal second quarter earnings with a loss of Rs 20.59 crore in comparison to a profit of Rs 2.73 crore recorded during the corresponding quarter of FY24, due to subdued demand. It posted revenue from operations at Rs 1,114.87 crore, up 7.3 per cent as against Rs 1,039.12 crore during
By Ravi Singh Nifty October futures are currently trading at a 50 point premium. The Nifty is continuing to trade in a range of 24,500-25,000. We have seen a further downfall in the FIIs long ratio which is now at 33%. Furthermore we saw an extended selling by FIIs in the cash segment as they
Bajaj Finance shares rallied 6.1% to an intraday high of Rs 7,088 after it reported stable Q2 earnings numbers. Also, Bajaj Finance was the top gainer in the Nifty 50. The stock is now 10% away from its 52-week high of Rs 7,884.90, which it touched on, coincidentally, October 23, 2023. On October 22, the
Godavari Biorefineries IPO opens on October 23 and will close on October 25. The company aims to raise Rs 554.75 crore through the issue. The IPO has been subscribed 0.07 times as of 11:25 am on October 23. Here are key risks associated with the issue that investors should consider before deciding to subscribe Consolidation of raw
In a setback for Bharatiya Janata Party (BJP), several BJP leaders, including three former MLAs, switched to the ruling Jharkhand Mukti Morcha (JMM) just weeks before the upcoming Jharkhand Assembly elections. On Monday, former legislators Lois Marandi, Kunal Sarangi, and Lakshman Tudu made the move to join JMM. This shift follows closely on the heels
The 125cc motorcycles are getting sportier and sharper, and the Hero Xtreme 125R is a good example. Now, Bajaj has launched the Pulsar N125, which has the looks to make the Xtreme 125R look back. That said, both motorcycles are also focused on being fuel efficient. Let’s take a closer look at how they compare
By B.M Sharma Every year, the fashion and textile industries contribute billions of dollars to the global economy. Conversely, they have an adverse environmental impact. Approximately 20% of water pollution and 10% of greenhouse gas (GHG) emissions emerge from textiles. By 2030, the fashion sector’s GHG emissions are anticipated to soar by more than 50%.
US President Donald Trump announcing a 25 per cent tariff on imported cars and parts from April 3, 2025, will impact finished cars and trucks, as well as imported parts that are assembled in the US. “According to our US Autos team, 1) the impact of these tariffs could be $3,700 (~8 per cent of
Godrej Properties on Friday announced that it has sold approximately 90 homes worth over Rs 1000 crore at its luxury project, Godrej Astra, on the launch day. Godrej Astra is strategically located in Golf Course Road micro-market and spread over around 2.76 acres. Golf Course Road is an established micro-market renowned for its upscale residential
Trump tariffs are the fuel driving gold prices higher. Gold has hit another fresh new all-time high level of $3,082 and is looking to stay strong amid global trade uncertainties. Gold is on track for its fourth consecutive weekly gain and its largest monthly rise since March 2024. As the yellow metal achieves a new
Public sector enterprise MSTC has declared its third interim dividend forFY25. The company announced Rs 4.50 per share dividend. This essentially translates to a 45% payout on the face value of Rs 10 per equity share. The dividend will be paid within 30 days from the declaration date, according to the company’s exchange filing. MSTC
Go to Live UpdatesBharat Heavy Electricals Share Price Today Live Updates, 28 Mar, 2025: The Bharat Heavy Electricals share is in news and the counter closed trade on 27 Mar, 2025 at Rs 214.45. The shares touched intraday high of Rs 216.65 in the last trading session while the intraday low was at Rs 208.75.