Coffee Day Enterprises Q4 Results: Company narrows loss to Rs 114 crore, revenue up 7%
Coffee Day Enterprises Ltd. significantly reduced its consolidated net loss to Rs 114.16 crore in Q4 FY25, compared to Rs 296.40 crore in the previous year. Revenue saw a 7% increase, reaching Rs 268.03 crore. For the entire fiscal year, the company also narrowed its net loss to Rs 143.20 crore, with total consolidated income […]
Vedanta to raise up to Rs 5,000 crore via debentures
Vedanta Ltd’s board has approved raising up to Rs 5,000 crore through debenture issuance on a private placement basis. The mining conglomerate reported a significant increase in its consolidated net profit for the March quarter, driven by reduced production costs and increased volumes. The company anticipates completing its business demerger by the end of September.
SBI, Airtel among 8 stocks upgraded in the last month; analysts see up to 20% upside
Several brokerages have recently increased target prices for specific stocks. Kotak Mahindra Bank and Bharti Airtel are among those receiving upgrades. Analysts predict potential upsides of up to 20% for some stocks. Other stocks with upgraded target prices include Bandhan Bank, Federal Bank, and Marico. These upgrades suggest positive outlooks from various financial experts.
Samvardhana Motherson shares gain over 4% after Q4 profit rises 20% YoY; announces 1:2 bonus issue
Samvardhana Motherson’s shares surged following a robust Q4FY25 performance, marked by a 20% YoY increase in net profit, reaching Rs 1,050.5 crore. The company announced a 1:2 bonus issue and a final dividend of Rs 0.35 per share. Additionally, the board approved raising up to Rs 8,500 crore through NCDs, with FY25 net profit soaring […]
Gold price prediction: Gold bulls eye Rs 1.10 lakh/10 gms. Should you accumulate?
Gold price today: Despite high volatility, analysts expect gold prices to surge to ₹1,10,000 per 10 grams within a year, citing its historical track record of delivering strong returns to investors.
Sadhna Broadcast: Sebi bans actor Arshad Warsi, 58 others from markets for up to 5 yrs
Sebi has barred Arshad Warsi, Maria Goretti, and 57 entities from the securities market for 1-5 years due to misleading videos promoting Sadhna Broadcast shares. The regulator imposed fines and directed disgorgement of unlawful gains worth Rs 58.01 crore. The scheme involved inflating the stock price through collusive trading and promotional videos to lure investors […]
Suzlon share price soars 14% as Motilal Oswal sees 27% upside on Q4 earnings beat, bullish FY26 outlook
Suzlon Energy shares jumped 13.6% to Rs 74.30 after Motilal Oswal raised its target price to Rs 83 and reiterated a “buy” rating, citing strong Q4FY25 results and a bullish FY26 outlook. The brokerage noted better-than-expected wind turbine deliveries and margins, projecting a 60% YoY growth in key metrics next fiscal.
Alkem Laboratories shares drop 5% after Q4 results. Should you buy, sell, or hold?
Alkem Laboratories shares fell 5% after Q4FY25 results showed a modest 4.2% profit rise to Rs 306 crore and margin contraction to 12.4%. While Jefferies downgraded the target to Rs 4,460 citing weak margins, Nomura maintained a ‘Buy’ with a Rs 5,430 target. The company expects high single-digit revenue growth in FY26 and rising tax […]
3B Films IPO opens for subscription at Rs 50 per share
3B Films, a plastic packaging film manufacturer, launched its IPO on Friday at ₹50 per share, aiming to raise ₹33.75 crore. The IPO, open until June 3, comprises a fresh issue and an offer for sale by promoters. Funds will support capital expenditure, working capital, and corporate purposes.
US GDP dip partly due to imports, but deeper policy uncertainty looms: Arnab Das
Arnab Das of Invesco analyses the US GDP dip. He attributes it to increased imports and policy uncertainties post Liberation Day. Tariff volatility and the ‘culture war’ also contribute. Trump administration’s actions against American institutions create uncertainty. Recent court rulings impact the trade war. Markets show a ‘soft dollar’ trend with international currencies performing well.