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Mahindra Lifespace Developers Ltd reported a consolidated net profit of Rs 47.91 crore for the second quarter of the current fiscal year, a significant turnaround from a net loss of Rs 14.01 crore in the same period last year. The company's total income also surged to Rs 33.06 crore. Its development footprint includes 53.
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News and Media
Veteran investor Shankar Sharma slams India's IPO market as the "dumbest in history," citing Lenskart's pre-IPO activity. He alleges a "beautiful little game" where anchor investors create artificial legitimacy, leading to inflated valuations. Sharma claims companies exploit retail investors' anchoring bias, causing stocks to collapse post-listing, only for investors to be trapped again.
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News and Media
Despite the overall market weakness, 10 stocks from the BSE500 index managed to post gains in each of the five sessions.
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News and Media
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