Spandana Sphoorty Financial will open a ₹400 crore rights issue on August 1 at ₹230 per share—nearly 25% below market price—to address asset quality stress and support equity infusion for FY26.
Wall Street ended lower on Friday, with AI chip stocks experiencing a significant downturn while Moderna and other healthcare companies surged. Investors are weighing the
FMCG stocks remained under pressure in 2026, with the sector index declining 10% year-to-date amid geopolitical disruptions and inflationary pressures. Most major names, including ITC,
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