Mumbai, May 21 (IANS) LG Electronics India on Thursday reported an 8 per cent year-on-year (YoY) decline in net profit to Rs 693 crore for the March quarter (Q4) of FY26.The company posted a net profit of Rs 755 crore in the corresponding period last financial year (Q4 FY25), according to its stock exchange filing.Despite the decline on a yearly basis, profit after tax surged sharply by 672 per cent sequentially from Rs 90 crore reported in the December quarter of FY26.Revenue from operations du…
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Mumbai, Jan 8 (IANS) LG Electronics India shares came under selling pressure on Wednesday after the expiry of the company’s three-month lock-in period, pushing the stock to an all-time low on the BSE.The share price fell as much as 4.4 per cent to Rs 1,392.8 during early trade. At 1:30 pm, the stock was still down 2.51 per cent or Rs 36.50 at Rs 1,419.90.The decline was largely linked to the end of the lock-in period, which restricts certain shareholders from selling their shares for a fixed t…
New Delhi, Jan 2 (IANS) Dealmaking in India delivered a breakout year in 2025, with deal value nearly doubling to $157.9 billion, up 91 per cent from 2024 and reaching a three‑year high, while number of announced deals edged past last year’s all-time high by 0.7 per cent, a report showed on Friday.The surge was driven by major domestic spin‑offs, buybacks, consolidation across core industries, and sustained cross‑border interest. Industrials, Energy and Power, Financials and High Technol…
Mumbai, Dec 30 (IANS) After a year packed with non-stop IPO launches and record-breaking fundraising, India’s primary market is now showing signs of a reality check.While 2025 will go down as one of the most active years for initial public offerings, the performance of many newly listed stocks has failed to live up to the excitement seen on listing day.Data shows that nearly half of the companies that went public this year are now trading below their issue prices.This sharp contrast between st…