Supreme Industries’ shares dipped following a revised FY26 volume growth guidance to 12-14% due to a tepid first half. Temporary headwinds from prolonged monsoons and slower government spending impacted demand, particularly in the plastic piping business. Despite near-term challenges, the company anticipates stronger demand and a gradual revival in the latter half of FY26.
US stocks rebound on AI optimism revival; Dow rises 387 pts, Nasdaq, S&P 1%
Wall Street surged Monday, led by AI-related stocks like Meta and Nvidia, as Meta announced significant layoffs and Nvidia unveiled new components. Oil prices dipped