SBI Funds Management's initial public offering (IPO) has been subscribed 2.77 times as of the third…
Category: Company
Company-level news and analysis: earnings, guidance, capital allocation, mergers and the strategic moves that reprice a stock. We cover the issuers whose results carry the indices and the sectors around them. Each note connects the corporate event to the investment case.
UFlex trades at 0.4 times book value amid stagnant growth
UFlex, India's largest multinational flexible packaging company, is currently trading at 0.4 times its book value…
Indian markets set for cautious start amid oil price rise
The Indian stock market is expected to open cautiously on Thursday, July 16, following mixed global…
PNC Bank raises cost forecasts amid revenue growth plans
PNC Financial Services Group raised its forecast for noninterest expenses to approximately 8.5% for 2026, up…
SpaceX shares fall below IPO price to $132.62 on Wednesday
SpaceX's share price dropped to $132.62 on Wednesday, falling below its initial public offering (IPO) price…
Lucid Motors Denies Bankruptcy Rumors, Shares Volatile
Lucid Motors has denied reports suggesting it is considering bankruptcy. On Tuesday, the luxury electric vehicle…
United Airlines Q2 Revenue Hits $17.67 Billion, Shares Drop
United Airlines Holdings reported second-quarter revenue of $17.67 billion on Wednesday, exceeding analyst expectations of $17.62…
Morgan Stanley reports record Q2 earnings, tops estimates
Morgan Stanley reported second-quarter earnings on Wednesday that exceeded analysts' expectations, driven by record revenue from…
Larry Page’s Net Worth Surpasses $300 Billion After Rally
Larry Page's net worth surpassed $300 billion on Wednesday, driven by a rise in Alphabet shares.…