Author: Abizar Attari
News Editor

Gurgaon: Oil and gas exploration major South West Pinnacle Exploration Limited reported a 287% surge in net profit to ₹9.3 crore for Q1FY27, as the company worked toward strong execution and a record-breaking order pipeline. The company’s order book has reached an all time high of ₹761 crore, highlighting the company’s operational strength and high market demand, while offsetting the margin pressures from rising input costs across the sector.  The company has witnessed a strong rise in operational revenue, which grew 53% year on year to ₹61.7 crore, with its expanding order book reflecting major project additions and contract extensions…

Mumbai: India’s largest cement producer, UltraTech Cement, has kicked off the first quarter of the fiscal year 2027, posting a 17.2% year-on-year increase in net profit to ₹1,987 crore from ₹1,695 crore in the same quarter last year. This rise has been primary strengthened by strong domestic demand from core infrastructure projects. The flagship company of the Aditya Birla Group has also seen its volumes increase 13.1% year-on-year (YoY) to 39.2 million metric tonnes (MMT) domestically even as revenues from operations rose 16% to ₹24,648 crores.  The company’s capacity utilization stood at 81%, as its installed capacity reached 200.1 MTPA…

If you are trying to find those hidden gems from the sea of stocks you can invest in, these are some examples that have proved their worth over time. With consistent growth, innovation, acquisitions and the pure dedication to succeed, these stocks have proved that India has what it needs to become Aatmanirbhar in defence, aerospace, and engineering acumen. ​With multi-crore order books, these companies have their hands full with orders- from the government, from global OEMs, from the military and other institutions. Given their track record, these stocks do have the potential to continue offering multibagger returns if all…

Odisha hasn’t been a part of pubic consciousness for long. Whether it is law and order problems, mega investment parks, or controversies of any type, Odisha has been largely absent from the public glare. And that’s what makes this eastern state special. In the 1980s, Odisha (called Orissa back then) was grouped with the BIMARU states of Bhar, Madhya Pradesh, Rajasthan and Uttar Pradesh due to its relative backwardness hampered, in part, by the Naxalite insurgency there.  Today, the situation remains far different- the state has been one of the fastest growing in the country, with its Gross State Domestic…

Thane: Meghna Infracon Infrastructure Limited, a Mumbai-based listed real estate major, has announced the launch of ‘Meghna One’ a landmark commercial development in Thane. The project, located in the Wagle Estate area, has a Gross Development Value (GDV) of ₹300 crore and can accommodate more than 1,000 businesses across a commercial development of about 2.8 lakh sq ft.  The lake facing project is being developed to integrate nature and natural elements into its architecture, with an IGBC Gold certification in place as well.  For Meghna Infracon, this development ushers its entry into the large format Grade A commercial real estate…

Mumbai: Private sector lender YES Bank has seen its net profits grow to a remarkable 33.7% year-on-year (YoY) increase for Q1 FY27, more than a year after SMBC took control of the Mumbai-based private lender. This bottom line expansion has been driven by double digit growth in net interest income, accelerated retail asset growth and improved financials validated by leading rating agencies like Moody’s, CARE and ICRA.  Core Earnings Strength Outpaces Non-Operational Gains The bank has exhibited strong financial growth, as it has stepped up to fill the void left by a sharp dip in treasury and Security Receipts (SR)…

Mumbai: Axis Bank has reported a better than expected rise in its Q1 FY27 results, with the bank posting a 23% rise in net profit to ₹7,114 crore, from ₹5,806 crore posted in the same quarter last year. This has come after the private lender’s net interest income (NII) rose more than 8% YoY to ₹14,646 crore from ₹13,560 crore reported from the same quarter last year. The lender has improved its debt to equity ratio at 1.12% during the quarter, from 1.15% in the preceding quarter. Its net worth has also risen about 14% year on year to ₹…

Investors across the spectrum have started to prefer Ethereum’s fexlibility and wider acceptability as a reason to choose it over Bitcoin for long-term return prospects. This has come at a time when the cryptocurrency market has seen wide swings lately, mostly in reaction to investor sentiments from geopolitical and macro environments.  For long, Ethereum’s status as the second-best crypto asset has been tested by the ETH/BTC ratio, which remains a rough indicator of whether the markets are tilting towards Bitcoin or exploring Ethereum or other altcoin.  For almost a year, the ETH/BTH ratio favored Bitcoin, though that has changed recently.…

Aluva, Kerala: Private sector lender Federal Bank has delivered an exceptional financial performance for the quarter ended June 30, 2026. Its net profit has climbed to ₹1,296 crore for the quarter, from ₹952.82 crore during the same time last year. This growth has come due to stronger credit growth, stable net interest margins, and an extraordinary improvement in its asset quality metrics.  Balanced Credit Expansion Fuels Bottom-Line Surge During the quarter, Federal Bank’s Net Interest Income (NII) has registered strong growth, with its total income from operations growing strongly across its core operations. The bank’s Net Interest Income for Q1…

Mumbai: India’s leading manufacturer of high-performance bearings for the automotive and industrial verticals, NRB Bearings Limited (NRB), has announced the acquisition of Mahant Tool Room (MTR) as the company looks to expand beyond its core competencies. With this acquisition, NRB Bearings gains access to a $16 billion market for critical components like landing gear parts, fuel injection systems, emergency doors and plain spherical bearings.  This comes on the heels of the company establishing an industrial bearings and friction solutions joint venture, with the acquisition boosting the company’s position in the precision engineering sector, even as MTR has achieved the AS9100D…