Business

18

Feb

By The Press Editor

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Business

Gold rebounds Rs 2,136, silver jumps by 4.27% on the MCX | Check city-wise rates

Mumbai: After consolidating from all-time highs, rates of precious metals in futures trade edged higher on Wednesday, February 18, 2026, as markets await the release of the Federal Reserve's January meeting minutes. The gold April 2 contract on the Multi Commodity Exchange (MCX) opened with a gain of Rs 1,885 or 1.24 per cent at Rs 1,53,303 per 10 grams against the previous close of Rs 1,51,418. It gained further to hit the high of Rs 1,53,554, a gain of Rs 2,136 or 1.41 per cent. Last seen, the precious metal futures were trading at Rs 1,53,318 with a gain…

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18

Feb

By The Press Editor

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Business

6155% in 5 years: Stock under Rs 50 hits upper circuit even as markets remain volatile, details here

Mumbai: Shares of Hyderabad-headquartered MIC Electronics Limited (MICEL) are in action even as Indian benchmark indices remained volatile in early trade. The stock started the trading session in green with a minor gain at Rs 42.10 against the previous close of Rs 42.07 on the BSE. Amid a spurt in trading volume by more than 6.03 times, the stock touched an intraday high of Rs 44.17, marking a rise of 4.99 per cent during the session and also its upper circuit. Last seen, the scrip held in green and was trading at Rs 43.75 with a gain of 3.99 per…

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18

Feb

By The Press Editor

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Business

Market Opening Bell: Sensex gains over 100 points, Nifty holds 25,750, IT stocks drag

Mumbai: Indian equity benchmark indices, the Sensex and Nifty, opened flat on Wednesday, February 18, 2026, amid positive global cues. While the 30-share BSE Sensex gained 102.63 points to start the session at 83,553.59, the Nifty added 27.25 points to open at 25,752.65. In the last trading session, the Sensex closed at 83,450.96 and the Nifty 50 at 25,725.40. Similarly, the broader indices traded in the green in the opening session. While the BSE Midcap Select Index gained 9.36 points, or 0.05 per cent, in the early trading session, the BSE Smallcap Select Index was up by 30.49 points or…

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17

Feb

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Business

Meerut Metro set to be India’s fastest, promises 30-minute end-to-end travel | Check proposed speed

Meerut: Meerut is set to receive the country’s fastest metro service, with trains designed to run at a top speed of 120 kmph. The new system is expected to significantly reduce travel time across the city and improve daily commuting for thousands of passengers. The metro corridor will stretch 21 kilometres from Meerut South to Modipuram and include 12 stations. Officials, cited by PTI, said the journey across the entire route will take about 30 minutes, even with halts at every station. Until now, the highest operational speed recorded on an Indian metro corridor has been 110 kmph on the…

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16

Feb

By The Press Editor

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Business

Quarterly Results: IT stock begins trading session in green even as stock markets remain volatile, check details

Mumbai: Small-cap IT company Blue Cloud Softech Solutions Ltd released quarterly results after market hours on Friday. Following the update, the company’s shares opened in the green even as the broader stock markets began the trading session in the red. The counter opened at Rs 24.89 against the previous close of Rs 23.77 on the BSE. As of last seen, the stock was trading at Rs 23.87, up 0.42 per cent. The company’s market capitalisation stood at Rs 1,797.61 crore. The stock has shown notable movement over time, reaching a 52-week high of around Rs 38.00 and a 52-week low…

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16

Feb

By The Press Editor

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Business

Stock of company indexed in BSE 1000 trades in green as company’s revenue jump 46%, check details

Mumbai: Speciality chemicals company Fineotex Chemical Ltd has announced its third-quarter results, reporting steady growth in profitability and revenue. Despite a weak opening in the broader stock market, the company’s shares began the trading session in the green. The stock opened at Rs 24.53 against the previous close of Rs 24.09 on the BSE. During the session, it touched a high of Rs 24.74 and a low of Rs 23.48. Last seen, the stock was trading at Rs 24.35, up 1.08 per cent. The company’s market capitalisation stood at Rs 2,789.90 crore. Net profit and revenue growth On a consolidated…

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16

Feb

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Business

Q3 results: Stock under Rs 50 surges nearly 7% as markets rebound, check details

Mumbai: Sindhu Trade Links Ltd, a small-cap company in the logistics sector, reported its December quarter results in its latest exchange filing after market hours of the previous trading session. Following the announcement, the stock opened in the red at Rs 22.85 against the previous close of Rs 23 on the BSE. However, it later rebounded to touch an intraday high of Rs 24.58, marking a gain of 6.87 per cent. The rise comes after three consecutive sessions of decline.  On the National Stock Exchange (NSE), the stock opened at Rs 23.19 compared to the previous close of Rs 23.02.…

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16

Feb

By The Press Editor

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Business

Dividend Stock: Speciality retail stock announces 3rd interim dividend, check amount and record date

Mumbai: Bhatia Communications & Retail (India) Ltd has informed exchanges that its board has approved the third interim dividend for FY26. In its regulatory filing, the company stated that the board has declared an interim dividend of 1 per cent, which translates to Rs 0.01 per equity share of face value Rs 1. The company has fixed February 20, 2026, as the record date for determining the eligibility of shareholders for the interim dividend. Q3FY26 Financial Performance For the December quarter (Q3FY26), the company reported operating income of Rs 174.54 crore, significantly higher than Rs 126.80 crore in the same…

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16

Feb

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Business

Delhi to Meerut in just 1 hour, PM Modi to inaugurate the Namo Bharat Corridor on February 22

New Delhi: Prime Minister Narendra Modi will inaugurate the remaining stretch of the 82-km-long Delhi-Ghaziabad-Meerut Namo Bharat Corridor on February 22, connecting Sarai Kale Khan in Delhi to Modipuram in Meerut. Work on the 5-km section between Sarai Kale Khan and New Ashok Nagar in Delhi, as well as the 21-km stretch from Meerut South to Modipuram, has been completed and is scheduled for inauguration on February 22. On the same day, the Prime Minister will also flag off the 23-km-long Meerut Metro. An official stated that the first phase of the Meerut Metro will include 13 stations. Key Stations…

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16

Feb

By The Press Editor

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Business

Luxury houses in NCR see a strong uptick: Here’s what buyers are looking for when buying new home

New Delhi: India’s housing market is rewriting its own playbook. From a volume-driven and mid-income-focused housing market that has dominated its narrative until now, the market is now being led by premium aspirations. Large and better-designed houses are steadily moving to the centre stage. As revealed by a recent CBRE report, high-end housing transactions formed nearly 27 per cent of total sales in the housing market across India in the calendar year 2025. This figure is more than double the figure from the year 2022. This increase is certainly not because of any speculative bubble; the increase in demand for…

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