21 گھنٹے پہلے
Copper hits record $14,737 a tonne in September 2026 as mining-smelting capacity gap widens, IPCPA says
A widening mismatch between global copper mining and smelting capacity is tightening mine supply and worsening inventory imbalances, the Indian Primary Copper Producers Association said. LME copper reached a record $14,737 per tonne in September 2026, up nearly 50% over the past year. Comex stocks climbed to a record 675,000 tonnes while LME warehouse inventories fell to critically low levels, underscoring a tight spot market, according to IPCPA.
21 گھنٹے پہلے
8-11
Trump Media posts $238m Q2 2026 net loss on $1.7m revenue
Trump Media & Technology Group (TMTG) reported a net loss of $238 million in the second quarter of 2026 while revenue totaled $1.7 million. The company said the loss was driven mainly by $190.4 million in unrealised losses on digital assets and equity securities. It also recorded $11.7 million in accrued interest and $8.1 million in stockbased compensation. For the first half of 2026, TMTG posted a net loss of $644 million on $2.5 million in revenue.
8-11
8-4
Morepen posts record Q1 FY27 revenue of Rs. 575.31 Cr and PAT of Rs. 56.35 Cr as EBITDA jumps 207%
Morepen Laboratories reported record quarterly revenue of Rs. 575.31 Cr for Q1 FY27 ended June 30, 2026, up 34% YoY, and PAT of Rs. 56.35 Cr, up 394% YoY. EBITDA rose 207% YoY to Rs. 87.72 Cr, lifting the EBITDA margin to 15.25% from 6.65% in Q1 FY26. The company said its Rs. 825 Cr CDMO mandate has entered the full-scale commercialization phase, with Rs. 58 Cr of commercial CDMO dispatches completed in Q1 FY27.
8-4
8-4
Anawil Wire & Engineering launches IPO on August 3, 2026 as India’s first listed pure-play windmill tower maker
Anawil Wire & Engineering Limited (VMPL) launched its IPO on August 3, 2026, positioning itself as India’s first pure-play windmill tower manufacturer to tap public markets. By 2:00 PM on the second day of bidding, the offer was subscribed 6.98 times and carried an order book of ₹359.81 crore. The listing comes as India seeks to lift installed wind capacity from around 50 GW to 100 GW by 2030, while local tower manufacturing remains a key bottleneck.
8-4
8-4
FII ownership in Indian listed firms slips to a 14-year low of 15.88% as mutual funds rise to a record 11.58% in June 2026
As of June 30, 2026, foreign institutional investors (FIIs) held 15.88% of Indian listed companies, a 14-year low, down 0.24 percentage points from March 31, 2026. FIIs were net sellers during the June quarter, withdrawing Rs 1.43 lakh crore, with Rs 1.53 lakh crore exiting the secondary market and Rs 10,096 crore entering via the primary market. Over the same period, private sector promoter holdings rose to a two-year high of 41.36% on the NSE. The figures point to continued foreign outflows that have kept pressure on India’s equity market.
8-4
8-4
NSE says Aug. 3 Nifty, Bank Nifty spot-futures gap stemmed from new Closing Auction Session
India’s National Stock Exchange said the sharp divergence between Nifty 50 and Bank Nifty spot and futures prices on Aug. 3 was caused by the newly implemented Closing Auction Session (CAS) mechanism. The SEBI-guided process applies to derivative-eligible stocks and is intended to improve transparency and price discovery in the cash market. NSE said the divergence was a normal outcome of a technical transition and did not reflect a market anomaly.
8-4
7-30
India’s Q2 gold demand slips 6% to 131.4 tonnes as purchase value hits record Rs 1,98,100 crore
India’s total gold demand fell 6% year on year to 131.4 tonnes in the April–June quarter, but the value of purchases jumped 50% to a record Rs 1,98,100 crore as prices stayed at historic highs, the World Gold Council said. Jewellery demand dropped 15% to 75.1 tonnes, while bar and coin demand rose 9% to 50.3 tonnes. Gold ETF demand increased 49% to 4.2 tonnes.
7-30
7-28
Manba Finance posts Q1 FY27 gain as revenue rises 34.20% and profit after tax climbs 36%
Manba Finance reported Q1 FY27 results with operating revenue of ₹92.6 crore, up 34.2% year on year, and net profit of ₹13.3 crore, up 36%. Assets under management (AUM) rose to ₹1730.8 crore, an increase of 22.28% from a year earlier, while net worth increased to ₹423 crore. The company said its asset quality continued to improve. The results are framed as a typical performance for an India-based NBFC, with implications for sentiment and valuation narratives in the NBFC sector.
7-28