31m ago
SF Intracity expects 1H 2026 profit attributable to owners of no less than RMB301 million, up at least 120%
SF Intracity (9699.HK) issued a positive profit alert for the first half of 2026, forecasting profit attributable to owners of no less than RMB301 million, up at least 120% year on year. It also expects adjusted net profit of no less than RMB240 million, an increase of no less than 50%, and revenue of no less than RMB11,669 million, up at least 14%. The forecast falls under statutory disclosure requirements for Hong Kong-listed companies and directly reflects an improvement in the company’s fundamentals.
31m ago
41m ago
Paytm block deal, LIC stake sale and ONGC Mangaluru storage plan put Indian blue chips in focus
State-run Oil and Natural Gas Corporation (ONGC) is developing a 1.75 million tonnes petroleum storage facility at Mangaluru, with half of the capacity set aside for strategic reserves and the rest for commercial operations. Separately, three investors in Paytm parent One 97 Communications plan to sell shares worth up to Rs 2,002 crore at a 5% discount in a deal structured as a 100% secondary sale, meaning the company will not receive proceeds. LIC, Airtel and BSE were also among stocks on investors’ radar amid a broader market rise.
41m ago
1h ago
NSE’s new closing auction debut stirs confusion after Nifty jumps 0.8% into the close
India’s National Stock Exchange (NSE) rolled out a new closing auction to replace the previous 30-minute volume-weighted average price (VWAP) method for setting official closes. The Nifty ended at 24,774.30, up 390.70 points (1.60%), after a 0.8% late surge at around 3:28 PM, while the Sensex closed at 78,639.03, up 544.39 points (0.70%). The 90-basis-point gap between the indices was far wider than the usual 5–10 basis points, pointing to immediate disruption in index pricing and derivatives settlement.
1h ago
1h ago
JSW Infrastructure lifts Q1FY27 cargo to 31 million tonnes as FIIs and DIIs raise stakes to 11.21% and 9.19%
JSW Infrastructure, an Indian infrastructure stock, handled 31 million tonnes of cargo in Q1FY27, up a little less than 6% year on year. Over the same quarter, institutional ownership rose, with FIIs increasing their holding to 11.21% and DIIs to 9.19%. The company reported a ROCE of 13.7%, close to the industry median of 13.9%, and said it operates 186 million tonnes per annum of capacity across ports on India’s east and west coasts.
1h ago
1h ago
RateGain’s Sojern integration adds 320 data partners and 1.5 billion travel graph IDs as Q4 margin rises to 23.5%
RateGain said it has advanced the integration of Sojern, adding 320 data partners and 1.5 billion travel graph IDs to its platform. The company reported Q4 gross margin of 23.5%, with annualised cost synergies reaching USD 15 million, above its earlier guidance. Customers using its Agentic ARI product reported a 30% to 40% improvement in ARI traffic optimisation.
1h ago
1h ago
Grab raises 2026 revenue forecast to US$4.10 billion–US$4.15 billion and launches US$750 million buyback
Grab lifted its 2026 revenue outlook to US$4.10 billion–US$4.15 billion and announced a US$750 million share buyback programme. Second-quarter GMV rose 21% year on year to US$6.5 billion, supported by growth in active users. The company said it spent US$706 million on customer and driver incentives during the quarter, including more than US$7 million to support driver earnings amid the fuel crisis. Shares of Nasdaq-listed GRAB rose 3% in after-hours trading.
1h ago