Q4 results today: Vedanta, Adani Power among 52 companies to announce earnings on Wednesday
Apart from the above Federal Bank, Forbes & Company, Go Fashion (India), Godrej Agrovet, Greaves Cotton, Orient Green Power Company among others will also declare their results.
UltraTech Cement targets double-digit growth for FY26
The company’s net profit increased 10% year-on-year to ₹2,482 crore and revenue from operations grew 13% to ₹23,063.3 crore in the March 2025 quarter. Sales volume rose 6% excluding acquisitions. The per-tonne operating profit before depreciation and amortisation (Ebitda) increased sequentially for the third straight quarter to ₹1,270, a 7% year-on-year growth.
Gold prices steady as investors await key US data, tariff updates
Gold prices remained stable as investors watched for updates on trade talks. They also awaited key inflation data from the United States. This data could offer clues about the Federal Reserve’s future policy decisions. Earlier, gold reached a high due to uncertainties. Market participants will analyze economic data to assess the impact of tariffs on […]
Rupee sees sharp swings, closes at 85.26/dollar
This was the second consecutive day the rupee appreciated past the 85 levels, but could not sustain there due to likely intervention by the Reserve Bank of India. RBI also likely intervened around the weaker 85.38/$1 levels by selling dollars, traders said.
Sebi cautions investors on opinion trading platforms
The capital markets regulator said opinion trading does not qualify as a security but in some cases, these platforms resemble an investment platform as they use terminologies such as profits, stop loss, trading, which are terms closely associated with trades in securities.
Sebi extends deadline for optional T+0 settlement for QSBs to Nov 1
Earlier in December, Sebi had said that stock brokers who are designated as QSBs must put in place systems and processes for enabling seamless participation of investors in optional T+0 settlement cycle. Under the T+0 (T refers to the day of the trade and 0 is the day of settlement) settlement, which is currently optional […]
Canara HSBC Life Insurance plans Rs 16,500 crore IPO amidst valuation challenges
HSBC Insurance (Asia-Pacific) Holdings will offer up to 4.75 million shares, and Punjab National Bank will sell 95 million shares, according to the draft red herring prospectus filed with the Securities and Exchange Board of India.
IndusInd Bank to expedite search for a new CEO
ET had reported in March the IndusInd board has hired global executive search firm Egon Zehnder to assist in identifying candidates for both the CEO and deputy CEO roles. The firm is helping shortlist names and the bank plans to submit a list of three potential candidates to RBI once internal evaluations are complete.
Rising India-Pak tension fires up defence stocks
Paras Defence soared 20% on Tuesday, while Data Patterns (India) and Garden Reach Shipbuilders and Engineers surged 14.9% and 12.3% respectively. Cochin Shipyard and Mazagon Dock Shipbuilders jumped 10% and 8.7% each. Unimech Aerospace and Manufacturing and DCX Systems India gained over 6%. Hindustan Aeronautics rose 4.15% and Bharat Electronics moved 4% higher.