Groww operator Billionbrains Garage Ventures Ltd. has reported a near-25% jump in net profit in its first quarterly results since listing, even as profitability surged. Groww’s share price has been on a rollercoaster of late. (Bloomberg) Net profit of India’s largest online stockbroker rose 24.6% over the previous quarter to ₹471 crore in the three […]
The Groww IPO got fully subscribed on the second day of share sale, with retail investors leading the demand. The GMP showed a listing-day gain of 13.5%. One out of five Groww IPO applications is originating on Zerodha. (AI Image) This is a developing story. More to come. Source link
PhysicsWallah Ltd. has announced its IPO price that pegs its valuation at $3.2 billion, even as founders of the edtech startup sell fewer shares. PhysicsWallah co-founder Alakh Pandey. (Livemint) On offer in the PhysicsWallah IPO are 31.93 crore shares—28.44 crore fresh and 3.49 crore via an offer for sale—in a price band of ₹103-109 to […]
Hyundai Motor India Ltd. grew marginally in the fiscal second quarter on muted sales, even as profitability improved. Tarun Garg, chief executive officer of Hyundai Motor India Ltd. (Bloomberg) Net profit of India’s second largest carmaker rose 14.30% over the year-ago period to ₹1,572.25 crore in the three months ended 30 September, on the back […]
India’s trade deficit in September widened the most in eleven months as 50% US tariffs took effect in the world’s fourth largest economy. Shipping containers at Mundra port in Gujarat. The 50% US tariffs on India came into effect on 27 August 2025. (Reuters) The gap between exports and imports stood at $32.15 billion in […]
The valuation of Indian Premier League has eroded for a second year in a row, after a bidding war for broadcasting rights made it the world’s most lucrative cricket tournament. Cricketer Virat Kohli’s Royal Challengers Bangalore is the latest winner of the Indian Premier League in 2025. (Representative Image/ANI) IPL’s valuation dropped nearly 11% to […]
India’s stock market is likely to open little changed today, with investor focus firmly on the listing of Tata Capital—India’s largest IPO of 2025 so far. The Bombay Stock Exchange building on Dalal Street in Mumbai. (Bloomberg) Gift Nifty futures were trading 0.41% higher at 25,315 points as of 8:53 am, indicating that the benchmark […]
LG Electronics India IPO GMP indicates a listing-day premium of 28.77% over the IPO price of ₹1,140. Here’s a look at the latest subscription status. Source link
Buyers timed their car and two-wheeler purchases with new GST rates which kicked in on 22 September 2025—the first day of the ten-day Navratri. Source link
