Latest Market Updates
Ixigo Reports Strong Q1 FY26 Results: Revenue Surges 73% YoY, Profit Up 76%
Le Travenues Technology (IXIGO) reported robust Q1 FY26 results. Revenue from operations increased 73% YoY to ₹314.50 crore. Gross Transaction Value rose 55% to ₹4,644.70 crore. Profit before share of loss of an associate, exceptional items, and tax grew 76% to ₹28.70 crore. EBITDA increased 69% to ₹32.50 crore. Flight & Bus GTV each grew 81%, while Train GTV increased 30%. The company introduced new features like Visa Rejection Protection and ixigo credit. AI initiatives include TARA Voice, which resolves over 60% of customer calls. Ixigo remains focused on expanding in Tier II/III markets and leveraging AI for growth.
Kalpataru Limited Reports Robust 79% YoY Growth in Q4 FY25 Pre-Sales, Outlines Expansion Plans
Capital India Finance Approves Issuance of NCDs Worth Up To 500 Million Rupees
Supreme Court Sides with Himachal Pradesh in Free Power Supply Dispute Against JSW Energy Subsidiary
Porinju Veliyath's Equity Intelligence India Boosts Stake in Orient Bell
MTNL Defaults on ₹8,585 Crore Bank Loans, Faces Mounting Debt
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Stocks in News Today
Hindustan Motors Embroiled in Land Dispute with West Bengal Government
Hindustan Motors alleges unlawful possession of its Uttarpara plant by the West Bengal government, despite the matter being sub judice in the Supreme Court. The government claims it reclaimed 395 acres of unutilized land in 2022. The dispute is set for a Supreme Court hearing on July 22. The Uttarpara plant, historically significant as the production site of the iconic Ambassador car, ceased operations in 2014 due to low demand and financial issues.
Swastika Investmart Launches AI Division, Appoints Hariharan Iyer as Head
Kaveri Seed in Focus as India Allocates ₹240 Billion for Agriculture Development
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Market Highlights
Global News Update
Trump Suggests Potential Dismissal of Powell, US Producer Price Index Stagnates in June
The US Producer Price Index (PPI) for June showed no change (0.00%) month-over-month, falling short of the expected 0.20% increase. The annual PPI growth slowed to 2.30%, down from May's 2.60%. This unexpected stagnation suggests moderating inflationary pressures at the producer level, which could impact consumer prices, economic outlook, and monetary policy decisions. Additionally, USTR Greer reported China's total tariff rate at 55.00% and noted increased US industrial investment due to expanded tariff programs.
Fed's Logan Warns on Inflation and Rate Cuts as Iran Nuclear Deal Deadline Looms
ECB Likely to Maintain Current Policies in July Meeting as Trump Expands Tariff Rhetoric and Considers Russia Sanctions
German Official Warns of Export Risks Amid U.S. Tariff Discussions; France Boosts Defense Budget
China Urges US to Stop Politicizing Trade and Economic Issues
Trump's Statements Shake International Relations and Trade Policies
IPO News
Indira IVF Confidentially Refiles IPO Draft Papers, Aims to Raise Rs 3,500 Crore
Spunweb Nonwoven IPO Sees Massive 90-Times Oversubscription on Final Day
Anthem Biosciences IPO Sees Strong Demand, Oversubscribed 7.79 Times on Final Day
Monika Alcobev Launches Rs 165.63 Crore IPO on BSE SME Platform
Fractal Shareholders Secure $172 Million in Pre-IPO Deal, Company Valued at $2.4 Billion
Asston Pharmaceuticals Makes Strong Debut on BSE SME Platform
Lamtuf Eyes Expansion: Files Draft IPO Papers with SEBI
SK Finance Receives SEBI Nod for Rs 2,200 Crore IPO
Property Share Launches Rs 473 Crore IPO for Second SM REIT Scheme
The Executive Centre Gears Up for ₹2,600 Crore IPO in Mumbai
Quick Glance at the Markets
Corporate Actions
Corporate Actions
Capital India Finance Approves Issuance of NCDs Worth Up To 500 Million Rupees
Capital India Finance Limited (CIFL) has approved the issuance of Non-Convertible Debentures (NCDs) worth up to 500 million rupees through private placement. The NCDs will be listed on BSE Limited with a fixed coupon rate of 9.55% per annum, payable yearly and on redemption. The principal will be repaid on the redemption date, and the NCDs will be secured by loans maintaining 110% of the outstanding principal amount. Infomerics Valuation and Rating Limited has reaffirmed CIFL's credit rating as IVR A/Stable for the proposed NCDs worth 100 crore rupees.
Reliance Infrastructure Unveils Ambitious ₹9,000 Crore Fundraising Plan
Earnings
Earnings
Ixigo Reports Strong Q1 FY26 Results: Revenue Surges 73% YoY, Profit Up 76%
Le Travenues Technology (IXIGO) reported robust Q1 FY26 results. Revenue from operations increased 73% YoY to ₹314.50 crore. Gross Transaction Value rose 55% to ₹4,644.70 crore. Profit before share of loss of an associate, exceptional items, and tax grew 76% to ₹28.70 crore. EBITDA increased 69% to ₹32.50 crore. Flight & Bus GTV each grew 81%, while Train GTV increased 30%. The company introduced new features like Visa Rejection Protection and ixigo credit. AI initiatives include TARA Voice, which resolves over 60% of customer calls. Ixigo remains focused on expanding in Tier II/III markets and leveraging AI for growth.
Kalpataru Limited Reports Robust 79% YoY Growth in Q4 FY25 Pre-Sales, Outlines Expansion Plans
Bulk Deals & Orders
Bulk Deals & Orders
TPI India Secures ₹13.77 Crore Order from Indian Oil Corporation
TPI India Limited has received a significant order worth ₹13.77 crore from Indian Oil Corporation Limited (IOCL) for manufacturing and supplying FIBC bags. The domestic contract will be executed over a two-year period. This order highlights TPI India's capabilities in industrial packaging solutions and is expected to contribute to the company's revenue stream.
AMIC Forging Secures New Order Worth ₹54.6 Million, Bolstering Its Position in Precision Engineering
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3,196.50
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2,460.00
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(+0.22%)
Today’s Top Losers
12,453.00
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4,424.50
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1,701.00
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3,233.10
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2,762.40
(-0.58%)
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