The Press Editor

New Delhi: Shift in the real estate industry has always been subtle. Similar was the case this time, with an increase in sales in the Rs 1 crore-plus bracket. According to JLL India’s Residential Dynamics Report Q4 2025, premium housing, defined conservatively as Rs 1 crore and above, now accounts for 63 per cent of total sales, up from 53 per cent a year earlier. This was in a year when overall residential sales declined 11 per cent. The contradiction is structural. Margins have emerged as new mantra Developers, of late, are no longer building for volume. Rather, margins have…

Mumbai: Shares of defence and space engineering company Paras Defence and Space Technologies will be in focus today as the company has inked a deal with a US-based firm for air-to-air refuelling technologies and support services for the Indian armed forces. The stock closed in the green in the last trading session, even as benchmark indices closed in the red, as markets failed to sustain early gains and saw selling pressure at higher levels. The BSE Sensex closed at 77,988.68, declining 122.56 points or 0.16 per cent, while the Nifty declined 34.55 points or 0.14 per cent to settle at…

Mumbai: Shares of Apollo Micro Systems Ltd (AMSL), a technology-based solutions provider in sectors such as infrastructure, transportation, aerospace and defence, among others, surged on Friday after the company announced that it has been granted a lifetime license by the government of India for the commercial manufacture of high-value strategic weapon systems and ammunition. According to the information shared with the exchanges, the license has been issued by the Department for Promotion of Industry and Internal Trade (DPIIT) under the Ministry of Commerce & Industry. The license authorises the company to manufacture, assemble, and test a wide array of defence…

Mumbai: Amid a volatile session on the last day of the trading week, shares of Elitecon International Ltd., a smallcap company with a market cap of Rs 6,956.67 crore, hit a 5 per cent upper circuit today. This is the second consecutive day the stock has hit the upper circuit. The stock action continues, with the company on Thursday announcing an order of Rs 2.02 billion (Rs 202 crore). Today, the stock opened at Rs 43.52, up 5 per cent or Rs 2.07 on the BSE. The stock has a 52-week high of Rs 422.65, touched on August 25, 2025…