IL JIN Electronics (India) Ltd., a material subsidiary of Amber Enterprises India Ltd., has entered into a share-swap agreement to acquire the remaining 40% stake in Power-One Micro Systems Pvt. Ltd.
IL JIN Electronics (India) Ltd., a material subsidiary of Amber Enterprises India Ltd., has entered into a share-swap agreement to acquire the remaining 40% stake in Power-One Micro Systems Pvt. Ltd.
Indian equity benchmarks began Monday’s trading session on a cautious note as investors weighed corporate earnings against concerns over elevated crude oil prices. At around 9:18 a.m. IST, the Nifty 50 was down 0.02% at 23,140.5, while the BSE Sensex slipped 0.05% to 74,691.38.
Gold prices moved higher on Monday as softer oil prices offered some relief from inflation concerns. Spot gold rose 0.3% to around US$4,175.60 per ounce, while US gold futures for December delivery gained 0.4% to US$4,196.40. Spot silver increased 0.9% to US$57.54 per ounce, according to early market data.
Subscription trends across the current group of IPOs have differed, with Tonbo Imaging drawing stronger early demand than some other issues, according to recent market coverage.
The public issue of Sahajanand Medical Technologies Ltd. is scheduled to close on October 19. The IPO price band is Rs.327–344 per share, with the offer forming part of a busy primary-market calendar that has several issues reaching their closing dates on the same day. Investors tracking the issue should check the final subscription figures […]
YES Bank Ltd. reported a 65% year-on-year increase in net profit to Rs.1,080 crore for the July–September quarter of FY27. Net interest income also increased, indicating growth in the bank’s core lending operations.
Crude oil prices retreated on Monday after recently reaching their highest levels since May. Brent crude was reported near US$108 a barrel after falling by about 2%, with expectations of increased Russian fuel exports providing some relief to the supply outlook. The decline followed a US decision to waive certain sanctions and tariffs on Russia, […]
The public issue of Sahajanand Medical Technologies Ltd. is scheduled to close on October 19. The IPO price band is Rs.327–344 per share, with the offer forming part of a busy primary-market calendar that has several issues reaching their closing dates on the same day.
Punjab National Bank (PNB) reported a 13% year-on-year rise in net profit to Rs.5,532 crore for the September quarter of FY27, compared with Rs.4,904 crore in the corresponding quarter last year.
India’s September-quarter earnings season is entering a busy phase, with more than 200 companies scheduled to announce Q2FY27 results during the week. Bajaj Finance, UltraTech Cement, Hindustan Zinc and Union Bank of India are among the companies scheduled to report on October 19, while other announcements are spread across the banking, technology, energy, consumer and industrial sectors.
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