Silver remains firmly elevated in the domestic market, with the latest indicative rate around Rs. 2.50 lakh per kg. Silver has benefited from strong investment interest as well as continued demand from industrial applications.
Silver remains firmly elevated in the domestic market, with the latest indicative rate around Rs. 2.50 lakh per kg. Silver has benefited from strong investment interest as well as continued demand from industrial applications.
The Indian rupee is expected to remain sensitive to crude prices and developments in West Asia this week. The currency closed at around Rs. 95.45 per dollar on Friday, while traders expect it to remain range-bound as the RBI continues to monitor market conditions.
Reliance Industries is in focus today after announcing its strategic intent to partner with Rolls-Royce for manufacturing fighter-jet engines in India. The development marks a significant move into the country’s defence-manufacturing ecosystem and could strengthen Reliance’s presence in high-technology industrial projects.
Patanjali Foods reported a strong Q1 FY27 performance, with consolidated net profit rising 87% YoY to Rs. 336 cr. Revenue increased about 27% to Rs. 11,300 cr., showing strong growth across its consumer-facing businesses.
Basmati-rice producer KRBL delivered a strong Q1 FY27 performance, with net profit increasing 73% YoY to Rs. 261 cr. The sharp improvement was supported by better margins and a favourable operating performance during the quarter.
Kalpataru Projects International is in focus after securing new orders and receiving additional order notifications worth approximately Rs. 3,526 cr. The orders strengthen its project pipeline across infrastructure-related businesses.
Power Finance Corporation reported a 5.4% YoY increase in standalone net profit to Rs. 4,745 cr. in Q1 FY27. The performance was supported by improved efficiency and continued activity in India’s power-financing ecosystem.
Belrise Industries reported a 9% YoY increase in Q1 FY27 net profit to Rs. 12.2 cr., while revenue rose 12% to around Rs. 254 cr. The company’s performance reflects continued demand for automotive components.
Lalithaa Jewellery Mart opens its IPO today, August 17, marking one of the biggest primary-market offerings of the week. The company has fixed the price band at Rs. 190–201 per share, with the issue size at approximately Rs. 1,700 cr. The offering comprises a Rs. 1,200-cr. fresh issue and an offer for sale of around Rs. 500 cr.
Horizon Industrial Parks also launches its IPO today. The Blackstone-backed company has fixed the price band at Rs. 57–60 per share and is looking to raise around Rs. 2,600 cr. entirely through a fresh issue. The issue will remain open until August 19.
For those of you who are serious about having more, doing more, giving more and being more, success is achievable with some understanding of what to do.
