Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Laser Power and Infra IPO Day 2: Check latest GMP, subscription status, and other details - Should you apply?
Laser Power & Infra's IPO opened on July 9, closing on July 13, with a price band of ₹203-214 per share. The IPO was subscribed 0.17 times by Day 1, with a strong grey market premium suggesting a debut price of ₹238. Shares list on July 16.
'Powerful Compounding Story': JPMorgan bets on Lenskart but highlights one major risk
According to JPMorgan, Lenskart's customer-centric approach, backed by investments in technology and data analytics, has created durable competitive advantages that justify its premium valuation.
Honda wants more of its premium motorcycles to come to Indian factories
Honda Motorcycle and Scooter India plans to expand and localise its premium motorcycle range if the segment's strong growth holds, as rivals TVS, Hero and Bajaj race to capture the same young, aspirational buyer.
Bajaj Finserv Q1 Update: Bajaj General premium up 22% YoY to ₹1,760 crore
Shares of Bajaj Finserv Ltd ended at ₹1,894.25, up by ₹39.60, or 2.14%, on the BSE.
Former ASK Asset director Bharat Shah's family buys 4 Mumbai luxury apartments for Rs 179 cr
Family members of Bharat Shah acquired four luxury apartments in Mumbai's Worli area. The total cost for these residences reached approximately Rs 180 crore from the developer. These four apartments are located on the 34th and 35th floors of Wing A. Registration documents show the deal includes sixteen car parking spaces. This transaction highlights continued demand for premium housing in Mumbai's prime locations.
Nifty July futures trade at a premium
India VIX slides 8.97% to 13.36.
India’s defence stocks are expensive for a good reason
Defence stocks in India are trading at a 50% premium to global peers because growth has yet to unfold.
Marico targets Rs 15,000 crore revenue in FY27, eyes Rs 20,000 crore by FY30 on premiumisation push
Marico aims for Rs 15,000 crore revenue by FY27 and Rs 20,000 crore by FY30. The company is focusing on premium products and expanding its digital-first brands. Its total addressable market is expected to triple by FY30. Marico's digital-first portfolio already generates over Rs 1,100 crore annually. The foods business crossed Rs 1,000 crore revenue in FY26.
India's premium over EMs is shrinking, but still above 2021 level. What it means? - livemint.com
India's premium over EMs is shrinking, but still above 2021 level. What it means?livemint.com
SBI Funds Management IPO GMP Today: What Grey Market Premium Signals Ahead Of July 14 Launch
The latest GMP suggests 13% listing pop
BPCL buys 1 million barrels of US crude via tender, sources say
Bharat Petroleum Corporation has purchased one million barrels of US West Texas Intermediate crude oil. This significant purchase was made via a tender for August arrival. The Indian company acquired the oil from the trading house Vitol. This transaction occurred at a premium of approximately six dollars per barrel. Companies typically do not comment on such commercial matters.
Private life insurers outpace LIC in new business premium growth
Life insurers saw a 16.6% rise in new business premium during the April-June quarter. Private sector firms expanded faster than LIC, driven by regular premium products. Regular premium collections grew nearly twenty percent year-on-year, while single premium business increased. SBI Life Insurance emerged as the fastest-growing player among listed companies. Private insurers continue gaining market share while LIC retains its dominant position.