MATRUSHAKTI INDUSTRIES

Wipro ADRs surge 5% to two-month high despite Q2 profit dip: Is anti-AI trade driving gains?

Wipro ADRs rose 5% to a nearly two-month high despite muted September-quarter results. Revenue increased modestly, while net profit and deal bookings declined. The company…

Tech Mahindra maintains edge over Wipro in September quarter

While Wipro reported its slowest second-quarter growth in three years, Tech Mahindra reported its fastest second-quarter growth in the same period.

Market Trading Guide: Adani Power among 2 stock recommendations for Friday

Indian equities rallied as global technology stocks weakened amid AI valuation concerns and US inflation worries. Analysts recommend Bajaj Holdings and Adani Power for Friday,…

Textile stocks’ dividend race: Premco Global, Monte Carlo, Siyaram, Ambika Cotton - Which stock spins highest yield?

Indian textile stocks are attracting attention amid supply-chain diversification, policy support and better trade access. Premco Global posted the highest one-year dividend yield at 9.5%,…

Tata Trusts challenges Mehli Mistry’s right to contest trustee changes, cites expiry of tenure: Report

The dispute over trustee appointments and the administration of the philanthropic institutions was heard before the Maharashtra Charity Commissioner on Thursday.

Jio Platforms IPO: Uday Kotak draws interesting link between Reliance’s 1977 listing and Jio market debut

Recalling the moment, Kotak said that one evening in 1977, he saw the entire stretch of Marine Drive and Chowpatty illuminated and was told it…

Jio Financial Services Q2 Results: PAT drops 51% YoY to Rs 340 crore; NII soars 165%

Jio Financial Services reported a 51% year-on-year decline in Q2 FY27 profit to Rs 340 crore, despite total income rising 132% and net interest income…

SK Hynix stock: Up big in H1, down 58% from peak in H2 — is the AI boom losing steam?

SK Hynix has plunged 58% from its summer peak as investors reassess the AI-driven memory boom. Concerns include Chinese rival CXMT’s progress, potentially higher borrowing…

What Akash Ambani said on Jio tariff hikes ahead of record IPO launch

Akash Ambani said Jio can raise mobile tariffs but prefers growing revenue through digital services, broadband and enterprise solutions. Ahead of its Rs 30,213 crore…

Jio IPO: Valuation, GMP & Key Numbers of Ambani’s Telecom Giant Decoded

Cemindia Projects’ Rs 1,400-crore QIP oversubscribed 2.3x; Edelweiss Life, Nuvama, Motilal MF among investors

Cemindia Projects raised Rs 1,400 crore through a qualified institutional placement priced at Rs 1,108 per share, attracting 2.3 times demand over the base issue.…