Category : Banking


MIC Electronics Stock Rises on New Indian Railways Order

MIC Electronics share price increased nearly 1% after securing a ₹4.45 crore contract from Indian Railways for installing coach and train indication boards. The company's Q3 FY26 results show soaring revenue but declining profits.

Goldman Sachs $500M India Bet Pays Off with Top 5 Ranking

Goldman Sachs has invested $500 million in India over three years, vaulting to fourth in equity offerings after years on the sidelines. The bank's strategic pivot reflects confidence in India's economic stability and booming capital markets.

MCX Silver Consolidates After 40% Drop from January High

MCX silver prices are trading in a narrow range following a steep 40% correction from late January's peak. Analysts caution the recent bounce may be a temporary pullback, with key resistance and support levels identified for investors.

Excise Hike Squeezes Cigarette Margins, Fuels Illicit Trade

Recent excise duty increases on cigarettes have pressured tobacco stocks, with ITC and Godfrey Phillips shares falling sharply. Analysts warn of margin compression, volume declines, and a potential surge in illegal cigarette trade as prices rise.

Aye Finance IPO: 16% Subscription After Two Days

Aye Finance's mainboard IPO has received a 16% subscription after two days of bidding, with retail investors showing moderate interest. The company, serving MSMEs, posted a net profit of ₹175.3 crore in FY25.

BHEL OFS Opens: Govt Sells 3% Stake at Discount

The Indian government initiates a 3% stake sale in Bharat Heavy Electricals Limited via an offer for sale at a floor price of ₹254 per share, with a potential 2% greenshoe option. The OFS runs over two days for non-retail and retail investors.

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