Shares of Advanced Micro Devices (AMD) surged 38% to hit a high of $226.70 on Nasdaq after the company announced about a 6 gigawatt agreement with OpenAI to power latter’s next-generation AI infrastructure across multiple generations of AMD Instinct GPUs. The first 1 gigawatt deployment of AMD Instinct MI450 GPUs is set to begin in … Read more
Jubilant FoodWorks Ltd (JFL), which operates fast-food chains Domino’s Pizza and Dunkin’ Donuts, on Monday said its consolidated revenue from operations increased 19.7 per cent to Rs 2,340.4 crore in September quarter FY26. Its standalone revenue from operations, which primarily consists of domestic revenue, was at Rs 1,698.7 crore, up 15.8 per cent on yoy … Read more
Real estate company Runwal Developers has submitted its draft papers with markets regulator Sebi for raising Rs 2,000 crore through its initial public offering (IPO). The Mumbai-based company’s maiden public offering comprises a fresh issue of shares worth Rs 1,700 crore and an offer for sale (OFS) component of Rs 300 crore by promoter — … Read more
Sunteck Realty Ltd will launch two new ultra-luxury housing projects in Mumbai and Dubai by June next year with an estimated revenue of Rs 20,000 crore, a top company official has said. Sunteck Realty will develop these two ultra-luxury housing projects under a by-invite-only real estate lifestyle brand ‘Emaance’. “We are entering into the ultra-luxury … Read more
Analysts at J.P. Morgan are staying bullish on Nvidia, boosting their target price to $215 even as the world’s most valuable company offered a forecast that underwhelmed investors, saying the chipmaker’s expanding AI infrastructure pipeline and product ramps leave “multiple levers at play to drive upside.” Nvidia Corp. delivered record revenue in the second quarter, … Read more
Molbio Diagnostics, a point-of-care (POC) diagnostics company, has filed its draft red herring prospectus (DRHP) with markets regulator SEBI to raise funds through an IPO. According to the DRHP, the proposed IPO of the Goa-based company is a combination of a fresh equity sale of Rs 200 crore and an offer for sale (OFS) of … Read more
Inox Wind‘s consolidated net profit more than doubled to Rs 97.34 crore in the June quarter compared to the year-ago period, mainly due to higher revenues. It had posted a consolidated net profit of Rs 41.59 crore in the year-ago period, a BSE filing showed. Total income rose to Rs 862.56 crore during the quarter … Read more
Domino’s India operator Jubilant Foodworks beat first-quarter profit estimates by a wide margin on Wednesday as lower-priced menu items and free deliveries bolstered demand even as other fast-food franchisees struggled. The company reported profit of 917.6 million rupees ($10.49 million) for the quarter ended June 30, compared to a year ago profit of 558 million … Read more
Bharat Petroleum Corporation Limited (BPCL) on Wednesday reported a 141% jump in its Q1 consolidated net profit at Rs 6,839 crore compared to Rs 2,842 crore in the year-ago period. The profit after tax (PAT) is attributable to the owners of the company. The PSU OMC reported revenue of Rs 1,29,615 crore in the quarter … Read more
Cigarette maker Godfrey Phillips India Ltd on Monday reported a 56 per cent jump in consolidated net profit at Rs 356.28 crore in the first quarter ended June 2025, riding on higher sales. The company, which posted a consolidated net profit of Rs 228.55 crore in the corresponding quarter last fiscal, said its board has … Read more