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Latest news on Indian companies, earnings, corporate actions, strategy, and sector developments.
Axis Bank is anticipated to deliver a mixed performance for Q4FY26, with year-on-year profit growth under pressure despite improving sequential trends. Brokerages expect stable operating performance driven by healthy loan and deposit growth, although margins…
JPMorgan has downgraded Indian equities to Neutral from Overweight, warning that the Nifty could fall to 20,500 in a bear-case scenario, indicating a potential 15% decline. The downgrade reflects concerns over elevated valuations and uncertainties…
Shares of Dr Reddy's Laboratories declined 2.11% to Rs 1,303 on Friday, following cautious commentary from Goldman Sachs and Citigroup. Goldman Sachs downgraded the stock to “Sell” and cut its target price to Rs 1,075…
Shares of Union Bank of India dropped another 2% on Friday, extending losses to 10% over two days after releasing its results for the fourth quarter of the financial year 2026, which disappointed brokerages. Provisions…
Shares of HCL Tech, India’s third-largest software services company, have fallen for the third consecutive session, dropping another 4.3% to Rs 1,222 on Friday. The stock has now decreased 15% in just three sessions as…
Reliance Industries is set to report a mixed March quarter. Analysts expect steady revenue growth but anticipate pressure on profitability due to weakness in the oil-to-chemicals (O2C) and upstream segments. Brokerages like ICICI Securities, Nuvama,…
Shares of Adani Energy Solutions fell 3.3% to a low of Rs 1,317 on the BSE after reporting a 6% year-on-year rise in consolidated net profit to Rs 684 crore for the fourth quarter. Revenue…
SpaceX, OpenAI, and Anthropic are set to potentially drive the largest wave of initial public offerings in U.S. history, despite all three companies being unprofitable. This unprecedented situation features massive valuations alongside ongoing losses. SpaceX…
IDFC First Bank is anticipated to report a weak Q4FY26 performance, with profitability under pressure from a recent deposit fraud. Despite this, core operating metrics are expected to remain resilient due to healthy loan growth…
Shares of Sterling and Wilson Renewable Energy (SW Solar) will attract attention as it reported a consolidated net profit of Rs 135 crore for the quarter ended March 31, 2026, a 143% increase from Rs…
The Indian rupee opened lower against the US dollar on April 24, marking its fifth consecutive day of decline. The currency fell 10 paise to 94.21 from the previous close of 94.11, pressured by a…
Foreign institutional investors (FIIs) have consistently reduced their holdings in 146 Indian companies over the last four quarters, according to shareholding data. This trend spans various sectors and market caps, affecting both large companies like…
The shares of Indian Energy Exchange (IEX) are in focus following an 11% year-on-year growth in consolidated net profit to Rs 130 crore for Q4 FY26. Revenue also grew 13% year-on-year to Rs 196 crore.…
The listing of Property Share Investment Trust's PropShare Celestia is showing little traction in the grey market, with the premium at zero. This indicates expectations of a flat listing, contrasting with traditional IPOs where strong…
The upcoming listing of Mehul Telecom is seeing a muted response in the grey market, with the premium hovering around 4%. This indicates limited upside for investors on debut despite strong subscription demand. The Rs…
Mumbai: HSBC downgraded India to underweight from neutral, marking its second downgrade in two months. The decision stems from inflationary pressures driven by elevated oil prices and demand, which could hinder earnings growth. Previously, HSBC…
Mumbai: A rally in global oil prices, sparked by the US-Iran war, has triggered a rush of retail trading in India's crude derivatives, driving up futures and options volumes on domestic bourses. A similar surge…
India’s systematic investment plan (SIP) ecosystem is expanding, with outstanding SIP accounts nearly doubling from 5.3 crore in FY22 to 10.5 crore in FY26. New SIP registrations increased from 2.7 crore to 7.2 crore during…
Equity benchmarks declined 0.8 percent for the second consecutive session on April 23. Market breadth favored bears, with 1,934 shares declining against 1,031 advancing shares on the NSE. Consolidation may continue in the equity markets,…
Nasdaq announced it will introduce new products to support the extension of U.S. equities trading to 23 hours a day, five days a week. This initiative aims to enhance global access to popular U.S. stocks.…
The calendar year 2026 has revealed contrasting market trends. While the BSE Sensex has declined around 8% and the BSE 1000 has slipped about 4%, over half of the BSE 1000 stocks are in negative…
Cyient approved a share buyback worth Rs 720 crore while reporting a weak March quarter performance. The engineering and technology services company will buy back up to 64 lakh shares at a price of Rs…
Freeport-McMoRan, the world's largest publicly traded copper producer, announced a slower-than-expected recovery at its Grasberg mine in Indonesia following a fatal flood last year. The company now anticipates only 65% production restoration by the second…
Aurum PropTech has crossed Rs 500 crore in annualised recurring revenue (ARR) and reported its second consecutive quarter of profitability for the January-March period. The adjusted operating margin for the quarter rose to 12.2% from…
Adisoft Technologies' initial public offering (IPO) has been fully subscribed, attracting strong interest from investors on April 23, the first day of bidding. The Pune-based company is raising Rs 74.10 crore through the issuance of…
