Paytm Q4 Results: Co turns to black, logs profit of Rs 184 crore vs loss a year ago
Paytm Q4 Results: One 97 Communications, which operates Paytm reported a net profit of Rs 184 crore in the fourth quarter, compared with a loss of Rs 540 crore in the year-ago quarter.
RBI issues revised norms for entities dealing in forex
The Reserve Bank of India has introduced revised norms for foreign exchange dealings, ceasing the issuance of fresh licenses for money changers. The new regulations aim to streamline the authorization process for authorized persons and extend the principal-agent model for forex services.
US stocks today: S&P 500 and Nasdaq notch records; AMD results spark AI stock rally
The S&P 500 and Nasdaq hit record highs Wednesday, fueled by Middle East conflict resolution hopes and strong AMD earnings boosting AI stocks. Global stocks surged as oil prices dropped, with S&P 500 companies showing robust profit growth driven by AI advancements. The economy shows stability, with strong private payrolls and positive outlooks from companies […]
Bajaj Auto announces Rs 5,633 crore share buyback via tender route, sets price at Rs 12,000 apiece
Bajaj Auto approved a Rs 5,633 crore share buyback and Rs 150 dividend alongside strong Q4 results. Profit rose 34% and revenue grew 32%, driven by higher volumes, strong exports, and improved margins, reflecting robust overall financial and operational performance
AMD shares jump 13% as AI chip demand lifts strong results
Shares of Advanced Micro Devices jumped sharply after the chipmaker delivered strong quarterly results and issued an upbeat outlook, driven by robust demand for AI chips. Growth in its data centre business and rising adoption of AI infrastructure reinforced investor confidence in AMD’s position as a key challenger in the AI semiconductor space.
Meesho Q4 Results: Co narrows loss by 88% YoY to Rs 166 crore, revenue jumps 47%
Meesho Q4 Results: Meesho significantly reduced its consolidated losses by 88% to Rs 166 crore in the March-ended quarter, while revenue from operations surged 47% to Rs 3,531 crore. The e-commerce platform saw its Annual Transacting Users grow 33% to 264 million in FY26, driven by AI-powered personalisation and vernacular address parsing, expanding India’s online […]
Market in consolidation phase, break above 24,600 crucial for trend shift: Gautam Shah
Indian stock markets are seeing a shift. Leadership is narrowing, with energy, PSU, metals, real estate, and pharma sectors poised for growth. The auto sector faces pressure. Broader indices may consolidate. Investors should focus on specific sectors and companies with clear earnings visibility for the next three to five years.
Did BSE really overtake NSE in F&O turnover? Here’s why the math may be misleading
Recent reports indicated BSE overtook NSE in derivatives trading. However, a closer look reveals this was a technical shift. Notional turnover, a misleading metric, inflated BSE’s figures. NSE continues to lead in premium turnover, the true measure of trading activity. Holiday distortions affected NSE’s volumes, not BSE’s. The overall market saw a decline, not a […]
KPI Green Energy Q4 cons PAT jumps 46% YoY to Rs 155 cr; revenue up 40%
KPI Green Energy Q4 Results: KPI Green Energy announced strong financial results for the fourth quarter of FY26. Net profit surged by 46% to Rs 155 crore. Revenue from operations increased by 40% to Rs 810 crore. This growth was driven by project execution and business verticals. EBITDA also saw a significant rise. The company […]
Why Deepak Shenoy is betting big on these 3 sectors and what he is avoiding?
Despite gloomy headlines, Deepak Shenoy of Capitalmind MF sees a better ground reality for markets, backed by strong corporate earnings and encouraging bank credit growth. He favors industrials, import substitution, and manufacturing, with defence and semiconductors as high-conviction bets, while advising caution on oil prices and the EV technology theme.