PFC declares second interim dividend of Rs 3.65/share, sets Nov 26 as record date
Power Finance Corporation (PFC) has declared a second interim dividend of Rs 3.65 per share for FY26, with November 26 as the record date and payment by December 6. The PSU NBFC reported a 2% YoY rise in standalone net profit to Rs 4,462 crore for Q2FY26.
16% cut from IPO price? Lenskart gets a ‘Sell’ from Ambit just before listing
Eyewear retailer Lenskart has received a “Sell” rating from Ambit Capital ahead of its IPO listing, with a target price of Rs 337—16% below the issue price of Rs 402. Ambit cited stretched valuations despite strong growth prospects, cautioning that free cash flows may remain negative until FY28 due to heavy capex plans.
Interarch Building Solutions posts Rs 32 cr profit in Q2
Interarch Building Solutions Ltd on Friday reported a 56.11 per cent rise in profit to Rs 32.27 crore for the September quarter.
8 stocks with rising EPS over four quarters. Are you missing out?
Nine Nifty500 firms, including Navin Fluorine, Waaree Energies, Coforge, and Persistent Systems, have consistently increased their quarterly EPS for four consecutive quarters till September 2025, according to StockEdge data.
BSE, other capital market stocks zoom up to 11% on supportive F&O commentary by FM, SEBI chairman
BSE shares rose sharply along with other capital market-linked stocks like CDSL and Angel One after Finance Minister Nirmala Sitharaman and Sebi chief Tuhin Kanta Pandey offered supportive comments on the Futures & Options (F&O) segment, assuring calibrated reforms and continued regulatory consultation.
SEBI to comprehensively review short selling and SLBM frameworks: Tuhin Kanta Pandey
SEBI chief Tuhin Kanta Pandey announced a comprehensive review of short selling and the securities lending and borrowing mechanism, highlighting the need for development. He emphasised strong investor participation and ongoing reforms to streamline capital-raising processes.
LIC Q2 net rises 31% on business growth, higher margins
Life Insurance Corp, or LIC, saw its September quarter profit jump 31% to over ₹10,000 crore. This growth was fueled by its core business and improved margins. While premium growth faced a temporary dip due to GST benefits, LIC anticipates a strong second half. The company is focusing on profitable products and passing on GST […]
Sebi plans smoother IPO listings, rationalise offer documents
The Securities and Exchange Board of India (Sebi) is set to simplify IPO processes by reducing offer document summary content and streamlining procedures for companies with pre-IPO pledged shares. Chairman Tuhin Kanta Pandey stated these changes aim to encourage informed investor feedback and prevent listing delays.
Adani Enterprises to spread Rs 25,000-cr rights issue over 4 tranches
Adani Enterprises is set to launch its largest fundraising yet, a ₹25,000 crore rights issue. This will be spread over six to eight months in four tranches. The company plans to use a significant portion to repay loans from its promoters. This move will free up capital for future debt. The rights issue details are […]
Fortis, Siemens, Paytm and GE Vernova join MSCI India index
MSCI has updated its global indices. Fortis Healthcare, GE Vernova T&D India, Paytm, and Siemens Energy India are now part of the Global Standard Index. This move is expected to bring substantial investment into these stocks. Changes also affect the India Small Cap Index. Several companies will see their index weights adjusted, influencing fund movements.