Shree Cement shares rose nearly 4% despite an 8% dip in Q4 FY26 net profit to Rs 526 crore. Revenue, however, climbed 10% to Rs 6,1010 crore, with sales volumes showing significant year-on-year and quarter-on-quarter growth. Brokerages remain bullish, citing strong volume growth and dividend payouts.
Bets on US Federal Reserve rate hike in October fall as job market cools
Last month, the US economy added only 29,000 jobs, significantly below the economists’ forecast of 90,000 jobs. The unemployment rate rose to 4.2%, indicating a