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Chalet Hotels reported a significant surge in revenue to Rs 735 crore and a net profit of Rs 154 crore in Q2 FY26, a substantial improvement from the previous year. The company also launched its premium lifestyle brand, ATHIVA Hotels & Resorts, with the rebranding of The Dukes Retreat.
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News and Media
Nifty extended its decline amid weakness in IT, auto, and metal stocks, nearing key support at 25,525. Analysts see bearish momentum below 25,590 but stability above 25,700. Stock recommendations for Thursday include Kalpataru Projects, Minda Corp, Siyaram Silk Mills, Asahi India Glass, and CCL Products with bullish technical setups.
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News and Media
Lenskart IPO: Lenskart Solutions Rs 7,278 crore IPO closed on November 4 with strong demand, being subscribed 28.2 times after receiving bids for 281.9 crore shares against 9.97 crore on offer. The basis of allotment will be finalized on November 6, and investors can check their allotment status on the BSE or MUFG Intime India websites.
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News and Media
The National Stock Exchange (NSE) has set aside Rs 1,300 crore to settle pending Sebi cases, signalling progress toward its long-awaited IPO. The move clears a major regulatory hurdle, even as Q2 profits declined due to lower trading volumes and a one-time settlement provision.
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News and Media
ETMutualFunds.com has shortlisted the best large & mid cap funds for November 2025 based on rolling returns, consistency measured through the Hurst Exponent, downside risk, Jensens Alpha, and minimum asset size. The recommended list includes schemes from Axis, Mirae Asset, Canara Robeco, Sundaram, Kotak and Quant. These funds balance growth and stability but require investors to tolerate moderately higher risk.
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News and Media
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