ArisInfra Bounces Back to Profit in Q1 FY26 Despite Yearly Dip
Recently listed B2B ecommerce company ArisInfra has shown signs of recovery in the first quarter of FY26. After posting a loss of INR 51.2 lakh in the previous quarter, the company has bounced back into the green, reporting a net profit of INR 5.1 crore in Q1 FY26. While this marks a 22% decline compared to the same quarter last year…
Ola Electric is in free fall. The EV giant’s shares hit a fresh all-time low of ₹43.20, dropping another 6% on the BSE today. And this isn’t a one-off dip — it’s part of a troubling downtrend that’s now raising serious questions from investors and analysts alike.
What’s dragging India’s most-hyped EV startup to the ground? Is this a short-term panic — or something deeper?
The…
In a significant move that has captured the attention of the stock market, two overseas entities, Augusta TBO (Singapore) Pte Ltd and TBO Korea Holdings Ltd, have sold off more than 70 lakh shares of TBO Tek—a leading tech company—amounting to a 6.8% stake in the company. The deal, which was completed via bulk transactions, was valued at a staggering INR 870 crore. But what does this mean for…
ArisInfra Solutions Ltd., a Mumbai-based supplier of construction materials, has received the much-awaited approval from the Securities and Exchange Board of India (SEBI) to raise Rs 600 crore through its upcoming Initial Public Offering (IPO). The company, which specializes in B2B (business-to-business) services for the real estate and infrastructure sectors, is now all set to move forward with…
Authum Investment & Infrastructure Limited and investor Mahi Madhusudan Kela are set to purchase a significant stake in Prataap Snacks Ltd., the parent company of Yellow Diamond, for ₹846.60 crore, according to a BSE filing on September 27.
The agreement includes acquiring a 46.85% stake from Peak XV Partners Growth Investments I, Peak XV Partners Growth Investment Holdings II, and Sequoia…
Ather Energy, the electric two-wheeler manufacturer founded by Tarun Mehta and Swapnil Jain, has filed its Draft Red Herring Prospectus (DRHP) with SEBI to launch an initial public offering (IPO) worth INR 3,100 crore. The company, known for its innovative electric scooters, aims to raise funds to accelerate its growth and expansion.
The IPO will consist of a fresh issue of equity shares worth INR…
Awfis Space Solutions, one of India’s leading providers of flexible workspaces, has recently made headlines with its significant corporate moves. On August 22, the company’s share price surged by over 15%, reaching a new peak of ₹909.75 per share on the National Stock Exchange (NSE). This notable rise comes in the wake of Awfis’s announcement regarding its expansion plans and a strategic…
Shares of Mamaearth’s parent company, Honasa Consumer Ltd, experienced a notable increase of 4.47% on Monday, reaching a high of Rs 403.55. This uptick in stock value follows the announcement that The Derma Co, a prominent skincare brand under Honasa, has achieved an impressive annual revenue rate (ARR) of Rs 500 crore.
The Derma Co’s ARR represents a significant growth from the Rs 350 crore…
The initial public offering (IPO) of Unicommerce eSolutions is set to open for bidding today, August 6, and will remain available until Thursday, August 8. The SaaS company, which specializes in managing e-commerce operations, is offering shares in a price range of Rs 102-108 per share. Investors can subscribe for a minimum of 138 equity shares and in multiples thereafter.
IPO Details and Offer…
Coca-Cola exceeded earnings expectations for the second quarter and has raised its full-year outlook amid robust global demand for its beverages.
The company now anticipates organic revenue growth of 9% to 10% for 2024, up from a previous forecast of 8% to 9%. Additionally, Coca-Cola has adjusted its comparable earnings growth projection to a range of 5% to 6%, compared to the earlier forecast of…
