HFCL shares rise 3% after Q4 results; expects 25–30% revenue growth in FY26

HFCL Q4FY25 results showed a net loss of Rs 81.4 crore due to weak optical fibre cable demand. Despite challenges, HFCL expects 25–30% revenue growth in FY26, driven by full capacity utilisation and defence segment contributions. The company also announced a 10% dividend and a new senior appointment in international sales.

Q4 results today: JSW Steel among 200 companies to announce earnings on Friday

The fourth quarter earnings season is nearing its end. Around 200 companies will announce their quarterly numbers on Friday. JSW Steel is expected to show improved earnings. This is due to better realisations and lower input costs. Ashok Leyland and BEML earnings are also awaited. Investors will be keen to hear management commentary on debt […]

ITC shares in focus after Q4 adjusted PAT rises 3% YoY to Rs 5,155 crore

ITC’s Q4 adjusted PAT rose 3% YoY to Rs 5,155 crore, driven by strong performance in the FMCG-Cigarettes and Agri Business segments. Revenue grew 10% to Rs 20,376 crore. However, some segments like FMCG-Others and Paperboards saw profit declines. The headline profit surged due to exceptional gains, keeping ITC shares in focus.

JSW Steel seeks refund of Bhushan Power and Steel-linked payments

JSW Steel wants its money back. The company has asked banks for a refund related to its Bhushan Power and Steel resolution plan. This follows a Supreme Court decision that ordered BPSL’s liquidation. JSW Steel also wants a 60-day delay in the liquidation process. The company is exploring its legal options after the court’s ruling.

Aegis Vopak Terminals plans Rs 3,500 crore IPO to reduce debt and expand operations

Aegis Vopak Terminals is set to raise ₹3,500 crore through equity. The funds will be used to repay debt and expand operations. The IPO will dilute promoter holdings. Recent financials show strong revenue and profit growth. Expansion plans at Mangalore and Pipavav ports are underway. The company’s valuation is currently high but expected to normalize […]

RBI’s March forex buys hit 5-year high to boost banking liquidity

The RBI’s net forex purchases surged to $14.4 billion in March—its highest since June 2021—following $20 billion in buy-sell swaps. These actions aimed to infuse rupee liquidity into the banking system and manage forward dollar positions, helping support monetary policy transmission amid a strengthening rupee.

US at risk of stagflation, Fed right to hold: Jamie Dimon

Jamie Dimon cautions against complacency, highlighting the risk of stagflation amid geopolitical tensions, deficits, and persistent price pressures. He acknowledges the Federal Reserve’s cautious approach to interest rates. Dimon also notes that trade uncertainties and policy shifts are causing companies to pause expansion, impacting investment banking, while also understanding investors cutting US dollar assets.