Engineering and infrastructure powerhouse Larsen & Toubro (L&T) kicked off FY26 with an impressive first-quarter performance, pushing its stock price up 4.4% intraday to ₹3,650.90 on July 30, 2025. The rally followed upbeat earnings and bullish analyst sentiment, placing L&T among the day’s top gainers on the Nifty 50 index. Key Financial Highlights – Q1 FY26 Net Profit: ₹3,617 crore, a 30% year-on-year jump Revenue: ₹63,679 crore, up 15.5% YoY Order Inflow: ₹94,453 crore, up
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Mukesh Ambani-led Reliance Industries Ltd (RIL) is reportedly preparing to launch India’s largest-ever Initial Public Offering (IPO) by listing its telecom arm, Jio Infocomm, aiming to raise a staggering ₹52,200 crore (approximately $6 billion). If successful, this IPO will eclipse previous records, including Hyundai Motor India’s ₹28,000 crore offering, and could rank among the largest global IPOs of the year. Key Highlights IPO Size: ₹52,200 crore Stake Offered: 5% of Jio Infocomm Valuation Target: Over
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Lenskart Solutions Ltd, India’s leading omnichannel eyewear brand, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI), initiating the process for its public listing. The IPO is expected to be one of the largest by a consumer tech company this year. IPO Structure and Size The proposed IPO includes: Fresh Issue: ₹2,150 crore Offer for Sale (OFS): Up to 13.22 crore equity shares by existing shareholders The
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India’s largest depository, National Securities Depository Ltd (NSDL), is set to launch its much-anticipated initial public offering (IPO) on July 30, 2025. The issue has garnered strong interest in the grey market, signaling robust investor sentiment. 1. IPO Dates Opening Date: July 30, 2025 Closing Date: August 1, 2025 Allotment Finalization: August 4, 2025 Listing Date: August 6, 2025 2. Price Band ₹760 to ₹800 per equity share Face value: ₹2 per share Employee Discount:
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India’s largest paint manufacturer, Asian Paints Ltd, delivered mixed first-quarter results for FY26. While revenue and profit dipped slightly year-on-year, stronger-than-expected volume growth and sequential improvement helped lift investor sentiment. Key Financial Highlights MetricQ1 FY26YoY ChangeQoQ ChangeRevenue₹8,924 crore↓ 0.2%↑ 7%Net Profit₹1,100 crore↓ 6%↑ 59%EBITDA Margin18.2%↓ 70 bpsImproved from 17.1% Volume Growth: A Positive Surprise Domestic decorative segment volume grew by 3.9%, exceeding analyst estimates of 2–3% Industrial coatings revenue rose 8.8%, led by auto and
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