Gainers & Losers: HUL, Syngene among 6 stocks that hogged limelight today
Markets closed lower Thursday, with Sensex falling 315 points and Nifty down 82, pressured by Reliance and banks. Gains in SAMHI Hotels, Niva Bupa, and Dalmia Bharat cushioned losses.
Adani Energy Solutions Q4 Results: Net profit zooms 87% to Rs 714 crore
Adani Energy Solutions Ltd (AESL), the electricity transmission arm of the Adani Group, on Thursday reported an 87 per cent rise in March quarter profit to Rs 714 crore, aided by a one-time exceptional income.
These 7 smallcap stocks hit 52-week high and rally up to 50% in a month
Despite Sensex slipping 315 points, seven BSE smallcap stocks hit 52-week highs on Thursday, driven by strong monthly gains and investor optimism around price momentum and sector-specific growth.
Sebi facilitates ease of doing biz for SM REITs; standardises disclosures in scheme offer document
To facilitate ease of doing business for Small and Medium REITs (SM REITs), markets regulator Sebi has standardised disclosures in draft scheme offer document and simplified public issue processes for such schemes.
Gold climbs Rs 200 to Rs 99,400/10 gm amid renewed concerns over US-China standoff
Gold prices climbed Rs 200 to Rs 99,400 per 10 grams in the national capital on Thursday following fresh buying by stockists and jewellers and a weak dollar, according to the All India Sarafa Association.
Tech Mahindra Q4 Results: Profit jumps 76% YoY to Rs 1,167 crore, revenue up 4%; Rs 30 per share dividend declared
Tech Mahindra reported a significant surge in its Q4 consolidated net profit, marking a 76% year-over-year increase to reach Rs 1,167 crore, accompanied by a 4% rise in revenue. The company’s board recommended a final dividend of Rs 30 per share. Deal wins stood at $2.7 billion, reflecting a 42% YoY increase.
Why Venugopal Garre is bullish on Bharti Airtel, Adani Ports and Avenue Supermarts
Bernstein’s MD, Venugopal Garre, maintains a positive outlook on the Indian market with a Nifty target of 26,500, citing improvements in macro conditions and potential rate cuts. Despite global uncertainties and trade tensions, Garre anticipates better capital expenditure and consumption, though not enough for extraordinary returns. Portfolio strategy emphasizes domestic recovery candidates with some defensiveness, […]
Pankaj Pandey recommends stock-specific approach amid global volatility
Pankaj Pandey suggests a potential US tariff leeway for certain auto segments, benefiting companies like Tata Motors. While cautioning against a broad-based approach to exporters due to potential US slowdown, Pandey favors domestic-driven sectors like banking and cement. He highlights positive developments in the BFSI sector and strong performance from Dalmia Bharat, indicating a recovery […]
Pakistan stock market falls 2% after India suspends Indus Waters Treaty over Pahalgam terror attack
The Pakistan Stock Exchange (PSX) dropped sharply after India imposed tough diplomatic measures in response to the Pahalgam terror attack. The KSE-100 index fell 2.12%, reflecting investor concern. Meanwhile, Indian markets showed resilience, despite geopolitical tensions and IMF’s downgraded growth forecast for Pakistan.
Nestle India announces Rs 10 final dividend. Check record date, other details
In the past 12 months, Nestle India has declared a total equity dividend of Rs 25.50 per share. At the current share price of Rs 2,456.90, this results in a dividend yield of 1.04%, according to data from Trendlyne.