Quess Corp Q2 Results: Revenue up 3%, headcount rises by 21,000
Quess Corp reported a 3% year-on-year revenue increase to ₹3,832 crore in Q2FY26, with EBITDA reaching a record ₹77 crore, up 11%. Growth was primarily driven by the General Staffing segment, which added 21,000 employees, and strong performance in Professional Staffing, particularly in the GCC segment.
Jefferies warns Sebi’s mutual fund fee cuts could shave up to 10% off AMC profits
Jefferies warned that Sebi’s proposed mutual fund fee revamp could trim AMC profits by up to 10% from FY27. The brokerage said cuts to exit load charges, brokerage fees, and total expense ratios may pressure earnings at top players like HDFC AMC and Nippon Life AMC.
Akasa Air will look at IPO in next 2-5 years, says CEO Vinay Dube
Akasa Air will look at an initial public offering in the next two to five years, its Founder and CEO Vinay Dube said on Wednesday and asserted that the airline will not chase “growth for the sake of growth”.
SAIL shares surge 8% to record high ahead of Q2 results. Should you buy, sell or hold?
Shares of SAIL surged 8.2% to a 52-week high of Rs 143.20 ahead of its Q2FY26 results, buoyed by optimism in metal stocks. Analysts highlighted strong technical indicators and bullish momentum, with traders eyeing targets of Rs 145–150. The stock has gained 24% in 2025 and 317% over five years.
Boat’s parent gets regulatory nod for Rs 1,500 crore IPO
Imagine Marketing, the parent company of boAt, has secured regulatory approval for its stock market debut. The Indian wearables brand’s initial public offering is valued at 15 billion rupees. This significant move includes a fresh issue of shares and a sale by existing investors. The Warburg Pincus-backed firm is set to list on the stock […]
Coal India Q2 Results: Cons net profit falls 30% YoY to Rs 4,354 crore, revenue slips 3%
Coal India Q2 Results: Coal India reported a significant 30% year-on-year drop in net profit for the second quarter ended September 2025, reaching Rs 4,354.24 crore. Revenue from operations also saw a slight decrease of 3.2%, totaling Rs 30,186.7 crore for the period.
Sunil Singhania’s Rs 2,700 crore-portfolio gets new look; adds 6 new stocks in Q2. Do you own any?
Ace investor Sunil Singhania’s Abakkus Asset Management has reshuffled its Rs 2,700 crore portfolio, adding six new stocks including All Time Plastics and Suven Life Sciences. The fund also reduced holdings in Sarda Energy & Minerals, Ion Exchange, and Rupa & Company during the September quarter.
India’s $200 million-an-hour IPO boom shows rise of local investors
India’s IPO market is booming, with LG Electronics India’s $1.3 billion issue selling out in just 6.5 hours — the fastest in 17 years. Driven by strong domestic participation from mutual funds, insurers, and retail investors, India is nearing last year’s $21 billion record. However, sky-high valuations and massive oversubscriptions raise concerns of a market […]
Newgen Software shares rally 16% in 2 days as Q2 PAT jumps 16% YoY; ICICI Sec upgrades stock to ‘Hold’
Newgen Software shares jumped 16% in two sessions to ₹896.35 after reporting a 16% YoY rise in Q2 profit to ₹82 crore and an 11% revenue growth to ₹401 crore. ICICI Securities upgraded the stock to ‘Hold’, citing improved margins and steady performance.
Blue Dart Express shares rally 13%. What’s driving the frenzy?
Blue Dart Express shares jumped 13% to Rs 6,249 after the logistics major reported a 29.5% YoY rise in Q2 net profit to Rs 81 crore, driven by higher shipment volumes and improved efficiency. Revenue rose 7% to Rs 1,549.3 crore, while EBITDA grew 15.6%, with margins expanding to 16.3% from 15.1% last year.