40m ago
Ather Energy Q1 loss narrows to ₹51 crore as revenue rises 88.8% to ₹1,217 crore
Ather Energy reported a sharp improvement in its FY2024 Q1 results, with revenue rising 88.8% year on year to ₹1,217 crore. Net loss narrowed to ₹51 crore, while EBITDA loss shrank to ₹33.4 crore from ₹134.3 crore a year earlier. After the results, the stock rose more than 3% intraday on the BSE to ₹1,287.90. The update follows the company’s ₹1,300 crore QIP, priced at ₹1,202 per share, a 2.8% premium to the regulatory floor price.
40m ago
44m ago
Turkey’s annual inflation edges down to 31.8% in July as core rate rises to 29.9%
Turkey’s annual inflation extended its decline to 31.8% in July, staying well above the central bank’s 24% target and the 26% forecast in its latest inflation report. Core inflation rose to 29.9% year on year, indicating underlying price pressures have not eased. The average USD/TRY increase was 1.7% month on month in July and around 17% on an annual basis, far below inflation, reflecting the central bank’s continued exchange-rate policy to support disinflation through costs.
44m ago
51m ago
FIIs return as selective buyers in the June ’26 quarter as 13 stocks jump 50% to 665%
After two consecutive quarters of net selling, Foreign Institutional Investors (FIIs) turned net buyers, helping drive sharp gains in several small- and mid-cap stocks. Cupid and Sigma Advanced Systems led the moves, with shares up 664% and 450% over one year as FII ownership increased over the same period. In total, 38 stocks posted one-year returns above 25%, though the report does not cite broader market moves or fundamental drivers such as policy, earnings or sector trends.
51m ago
1h ago
Motilal Oswal reiterates Buy on Aditya Birla Capital with INR480 target
Aditya Birla Capital (ABCAP) reported 1QFY27 consolidated revenue up 29% year-on-year to about INR147b and consolidated net profit up about 40% to INR11.8b. Its lending book rose 32% year-on-year to INR2.19t, while total AUM across mutual funds, life insurance and health insurance increased about 36% to INR7.53t. The company also raised INR40b in equity growth capital from promoters and the International Finance Corp.
1h ago
1h ago
Leo International Precision Health AG allocates 78,844,000 bonus shares after June 12, 2026 AGM resolution
Leo International Precision Health AG (ISIN: DE0005490601) approved a capital increase from the company’s own funds at its Annual General Meeting on 12 June 2026 and completed the Commercial Register entry on 28 July 2026. A total of 78,844,000 bonus shares were allocated. The move is an internal equity structure adjustment and does not involve new financing, changes in earnings, or business changes.
1h ago
1h ago
Circle shares fall 2.54% to $62 as USDC takes 62% of July stablecoin volume amid $400B market drop
Circle (NYSE: CRCL) shares fell 2.54% on July 31 to close at $62. USDC accounted for 62% of July stablecoin transaction volume, or $849 billion. Total stablecoin volume declined 22.6% month over month to $1.36 trillion from $1.77 trillion in June, while USDC volume slipped from a June record of $1.2 trillion to $849 billion. The data point to a near-term cooling in stablecoin activity that is weighing on expectations for Circle as an issuer and on market sentiment.
1h ago
1h ago
Triveni Engineering assigns 86.60% of demerger acquisition cost to TEIL, leaving TPTL at 13.40%
Triveni Engineering has allocated 86.6% of the historical acquisition cost to itself under its demerger scheme, pushing Triveni Power Transmission Limited (TPTL) from a subsidiary to an associate and diluting TEIL’s stake to 29.88%. Sugar remained the core revenue driver, with domestic sugar dispatches up 7.4% year-on-year to 277,403 tonnes in the quarter. Net profit swung to ₹4 crore from a ₹(7) crore loss a year earlier. The move increases the visibility of sugar’s asset weight and profit contribution within the group and provides fundamental support to legacy sugar assets.
1h ago
1h ago
Asian Paints Q1FY27 net profit jumps 40% to ₹1,539.3 crore as EBITDA margin hits 20.6%
Asian Paints reported consolidated net profit of 1539.3 crore Indian rupees for the quarter ended June 30, 2026, up 40% year on year. Consolidated revenue rose 17.9% to 10521.4 crore rupees. The EBITDA margin increased to 20.6%, above the company’s 18%-20% full-year guidance. The company expanded profitability despite around 25% raw-material inflation, underscoring pricing power and cost controls.
1h ago