News Overview

R&D expenses rose to ₹146.5 crore, making up 4.3% of total revenue, compared to ₹115.8 crore (3.4% of revenue) in the previous year.

Revenue from operations fell 21.5% YoY to ₹1,072.2 crore, compared to ₹1,366.6 crore in the prior year.

Torrent Power, a significant entity in India’s power generation, transmission, and distribution sectors, has a current market valuation of ₹27,183 crore.

Small cap stocks were under pressure in October, but they did surprisingly better than large caps and mid-caps

Operating profit (EBITDA) rose 21.1%, totaling ₹124.6 Crore, compared to ₹102.9 Crore in Q2 FY24.

At 6.21%, the October inflation shows a heavy dose of food price pressure amidst delayed monsoon exit

For the first half (H1) of FY25, the revenue rose to ₹795.5 Crore, driven by growth in oncology, biopharmaceuticals, and rare disease segments.

The NSE September quarter report on Passive Insights shows that interest in passive funds is coming back in a big way

Niva Bupa Health Insurance's IPO achieved a 1.8 times subscription by November 11, the third day of bidding.

The bounce in IIP may be more of a base effect issue, and October should be more revealing of the IIP trend