Hindustan Unilever Ltd. more than doubled its bottomline in the third quarter of the ongoing fiscal due to a one-off gain from demerger of its ice-cream business housed under Kwality Wall’s. Hindustan Unilever’s share price fell as much as 4.55% after the quarterly results were declared. (Reuters) Consolidated net profit of India’s largest FMCG firm […]
DataDog Surges 15% After Q4 Results – Moby Datadog, a data security and monitoring firm, is up almost 15% today after beating the Street’s estimates on its fourth-quarter results. Revenue came in around $953 million, up about 29% year over year. EPS beat expectations by roughly 6 to 7 percent, and forward guidance landed at […]
Zijin Mining Group Co. has raised $1.5 billion from the sale of bonds that can be converted into stock as the price of gold hits record highs. An abandoned gold mine. Image for representational purposes only. (AP) The Chinese miner offered convertible bonds due 2031 at zero coupon, according to a stock-exchange filing on Friday. […]
Analysts said erratic trade and tariff signals from the Trump administration have shaken confidence in U.S. assets, driving investors toward gold. Silver, platinum and palladium also gained sharply, with silver hitting fresh record highs. | Photo Credit: style-photography Gold surged to a record high above $5,000 an ounce on Monday, extending a historic rally as […]
Prices of gold and silver rose to an all-time high today, tracking global cues stemming from growing expectations of more interest-rate cuts by the US Federal Reserve and strong safe-haven demand. Silver has surged 138% year-to-date, vastly outperforming gold, underpinned by robust investment inflows and persistent supply constraints. (Unsplash) What’s the gold, silver rate today […]
Drugmaker Corona Remedies Ltd. debuted at a premium on the stock market today, underscoring demand for new stocks among domestic investors. A 40% surge in Corona Remedies’ share price gave the company a market capitalisation of nearly ₹9,000 crore. (HT) After listing at 36.72% premium, Corona Remedies share price rose as much as 41.14% over […]
Hindalco Industries Ltd. grew its bottom line by nearly a fifth in July-September 2025, as stronger domestic realisations on higher commodity prices helped. Hindalco plans to increase the production capacity at subsidiary Aditya Aluminium’s plant in Sambalpur, Odisha, at a cost of ₹10,225 crore. (Mint) Consolidated net profit of India’s biggest aluminium producer rose 18.4% […]
Adani Green Energy Ltd. grew its bottomline by a fourth in July-September 2025 on higher sales and capacity utilisation. Adani Green Energy is seen as the bellwether of India’s renewable energy sector. (Reuters) Net profit on the Ahmedabad-based renewables company rose 25% over the year-ago period to ₹644.00 crore in the three months ended 30 […]
Shares of RBL Bank Ltd. jumped to its highest in nearly five years after the private lender struck the biggest stake-sale deal in India’s banking history. RBL Bank’s stake sale to Emirates NBD is seen as the biggest foreign investment in India’s financial services sector. (Livemint) On Monday, RBL Bank share price rose as much […]