Gold prices steadied on Tuesday (November 26) after 3% drop in the previous session. Spot gold remained resilient at $2,624.41 per ounce, slightly recovering from a dip to its lowest point since November 18. US gold futures edged 0.2% higher to $2,624.70 per ounce. In India, 24-carat gold was priced at ₹7,871.3 per gram, down ₹1,090, while 22-carat gold was valued at ₹7,216.3 per gram.

Reported Standalone quarterly numbers for Naga Dhunseri Group are: Net Sales at Rs 4.07 crore in September 2024 down 55.18% from Rs. 9.07 crore in September 2023. Quarterly Net Profit at Rs. 0.34 crore in September 2024 down 95.23% from Rs. 7.15 crore in September 2023. EBITDA stands at Rs. 3.60 crore in September 2024 down 58.43% from Rs. 8.66 crore in September 2023.

Reported Standalone quarterly numbers for Halder Venture Limited are: Net Sales at Rs 61.76 crore in September 2024 up 2640% from Rs. 2.25 crore in September 2023. Quarterly Net Loss at Rs. 0.43 crore in September 2024 down 271.7% from Rs. 0.11 crore in September 2023. EBITDA stands at Rs. 1.11 crore in September 2024 up 1685.71% from Rs. 0.07 crore in September 2023.

Reported Standalone quarterly numbers for Northlink Fiscal and Capital Services are: Net Sales at Rs 0.07 crore in September 2024 down 20.54% from Rs. 0.09 crore in September 2023. Quarterly Net Loss at Rs. 0.28 crore in September 2024 down 2835.58% from Rs. 0.01 crore in September 2023. EBITDA stands negative at Rs. 0.19 crore in September 2024 down 1050% from Rs. 0.02 crore in September 2023.

Reported Standalone quarterly numbers for Chemtech Industrial Valves are: Net Sales at Rs 8.49 crore in September 2024 up 85.14% from Rs. 4.59 crore in September 2023. Quarterly Net Profit at Rs. 1.56 crore in September 2024 up 181.68% from Rs. 0.55 crore in September 2023. EBITDA stands at Rs. 2.37 crore in September 2024 up 152.13% from Rs. 0.94 crore in September 2023.

Enviro Infra Engineers IPO subscription status has reached whopping 28.21 times on last day of its bidding on Nov 26 at a price band of Rs 140-148 apiece. The Rs 650-crore IPO of Enviro Infra received bids for 86.86 cr shares against 3.07 cr shares on offer according to NSE data. The category for NIIs fetched 88.27 times subscription while portion for RIIs got subscribed 15.79 times.

Shares of Route Mobile surged over 3 percent to Rs 1,460 apiece on November 26, the most in 15 weeks amid heavy volumes. Despite today's rise, the stock has declined over 9 percent so far this year, as compared to benchmark Nifty 50's 10 percent surge. So far on November 26, around 58,000 equity shares exchanged on both BSE and NSE, as against one-month average of 97,000 equity shares.

The US International Development Finance Corporation (DFC), which last year committed a half-a-billion-dollar loan to the Adani group for developing a port in Sri Lanka, has not yet disbursed any money to the Indian conglomerate. “The project has not reached financial close or signed a loan agreement,” a DFC official said in response to Mint’s queries.

Ratings agency Fitch has taken negative rating actions on several Adani Group entities and bonds, putting them on watch for a possible downgrade following the indictment of some of the firm's key executives in the U.S. on bribery charges. Adani Ports, North Queensland Export Terminal, and Mumbai International Airport are among those under review for possible downgrades.

Indian markets reversed course, slipping into negative territory, weighed down by auto and energy stocks, ending a two-day winning streak. The Sensex fell 0.18% to 79,962.71, and the Nifty fell 0.16% to 24,182.50, amid a lack of fresh positive triggers. Indian markets reversed course, slipping into negative territory, weighed down by auto and energy stocks, ending a two-day winning streak.

Reported Consolidated quarterly numbers for CIAN Agro Industries & Infrastructure are: Net Sales at Rs 125.01 crore in September 2024 up 452.5% from Rs. 22.63 crore in September 2023. Quarterly Net Loss at Rs. 0.03 crore in September 2024 down 105.99% from Rs. 0.52 crore in September 2023. EBITDA stands at Rs. 12.65 crore in September 2024 up 85.21% from Rs. 6.83 crore in September 2023.

Reported Standalone quarterly numbers for Electrotherm (India) are: Net Sales at Rs 813.68 crore in September 2024 down 17.41% from Rs. 985.15 crore in September 2023. Quarterly Net Profit at Rs. 46.29 crore in September 2024 down 31.6% from Rs. 67.68 crore in September 2023. EBITDA stands at Rs. 68.84 crore in September 2024 down 25.63% from Rs. 92.57 crore in September 2023.

Reported Standalone quarterly numbers for Utique Enterprises are: Net Sales at Rs 23.32 crore in September 2024 up 34.78% from Rs. 17.30 crore in September 2023. Quarterly Net Profit at Rs. 1.36 crore in September 2024 up 109.58% from Rs. 0.65 crore in September 2023. EBITDA stands at Rs. 2.26 crore in September 2024 up 143.01% from Rs. 0.93 crore in September 2023.

The year 2024 has emerged as a stellar one for the Indian primary market, witnessing an unprecedented surge in activity. 2024 has seen a remarkable surge in India's primary market with 302 companies listing, driven by favorable conditions and high retail investor participation. Notable IPOs include Swiggy and Hyundai, while SME offerings have attracted significant attention.

Arihant Avenues and Credit reported a standalone quarterly net loss of Rs 0.21 crore in September 2024, down 825.33% from Rs 0.02 crore in September 2023, with net sales decreasing 97.69% to Rs 0.03 crore. Despite this, the company's shares have given 53.91% returns over the last 6 months and 66.39% over the last 12 months.