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V2 Retail Reports Strong Q1 Growth Momentum | NMDC Reports Strong June Iron Ore Production | Top Buzzing Stocks Today - Equitymaster
V2 Retail Reports Strong Q1 Growth Momentum | NMDC Reports Strong June Iron Ore Production | Top Buzzing Stocks TodayEquitymaster
State oil companies lose ₹75,000 cr in Q1 on low prices: Oil minister Hardeep Singh Puri
State-run oil companies reported a significant loss of ₹74,781 crore in the April-June quarter due to selling fuel below market rates. Despite a global crude price drop, domestic pump prices remain unchanged as refiners process higher-priced crude. A reduction in retail fuel prices may be considered if current crude prices persist, while bulk diesel prices have narrowed the gap with retail rates.
Coloured gemstones prices rise 20% as demand surges; gold, silver prices decline
Coloured gemstone jewellery is seeing a surge in popularity, with prices rising 20% year-on-year as affluent consumers favour these vibrant pieces over traditional gold and diamond items. This trend, driven by global influences and celebrity endorsements, has boosted demand by 30%, prompting jewellers to expand their inventories for the upcoming festive and wedding seasons.
Ratnadeep Retail Files IPO Papers With SEBI To Raise Rs 400 Crore Via Fresh Issue
For FY26, Ratnadeep Retail reported revenue from operations of Rs 2,223 crore.
Temasek to sell $200 million stake in Policybazaar via block deal
In May, PB Fintech co-founders Yashish Dahiya and Alok Bansal sold 0.8% stake in the company, while Chinese technology major Tencent exited its remaining 1.05% stake
PlayBlue raises $2.7 million in seed funding to expand omnichannel sports retail business
Sports retail startup PlayBlue has secured $2.7 million in seed funding to launch its omnichannel platform and first flagship stores in Bengaluru, Mumbai, and Delhi NCR. Co-founded by industry veterans, the company aims to capture India's growing sports participation by offering a wide range of brands. PlayBlue plans to expand significantly, targeting substantial revenue and a large user community within five years.
JLR wholesales volumes decline 9.2% to 79,300 units in Q1
Retail sales decline 15.2% to 80,000 units in Q1
INR settles on a positive note; Easing oil prices, positive local equities support
The Indian rupee appreciated 26 paise to 94.90 against US dollar in early trade on Thursday, supported by easing crude oil prices. Rupee opened on a positive note as crude oil prices have fallen back to levels seen before the West Asia conflict. Even global risk sentiment has stabilised compared to the panic witnessed a few weeks ago. Foreign investors poured nearly USD 5.3 billion into Indian bond markets during June, marking the first month of positive inflows after three consecutive months of outflows. The Indian equity benchmarks closed sharply higher, with the BSE Sensex surging 579.48 points (0.75%) to settle at 77,502.12 and the NSE Nifty 50 advancing 169.85 points (0.71%) to end at 24,175.70.
Sweltering heat sets summer-goods sales on fire; consumer brands hitch qcomm ride to big business
India's scorching summer has fueled a surge in consumer goods sales, with quick-commerce platforms becoming the star performers. Ice creams, cold drinks and skincare products saw massive year-on-year growth as shoppers embraced instant delivery for seasonal needs.
Baazar Style Retail shares end in a 5% upper circuit after strong Q1 business update
Baazar Style Retail reported a 29% year-on-year increase in standalone revenue for the June quarter, while same-store sales growth came in at 7%. The company added a net 13 stores during the quarter.
National Standard (India) Ltd leads losers in 'B' group
Rajdarshan Industries Ltd, JHS Svendgaard Retail Ventures Ltd, Saksoft Ltd and Om Freight Forwarders Ltd are among the other losers in the BSE's 'B' group today, 02 July 2026.
Baazar Style Retail hits the roof after strong Q1 update
Baazar Style Retail hit the 5% upper circuit at Rs 307.80 after the value fashion retailer reported a strong business update for the quarter ended 30 June 2026.