HAL shares fall 10% in 3 days after Q4 results but Jefferies, Nuvama, other brokerages are raising target prices, here’s why
Hindustan Aeronautics (HAL) shares fell sharply in three days post-Q4 results, even as major brokerages like Jefferies, Nuvama and Equirus raised target prices. Despite a modest profit and revenue rise, execution delays and softer margins weighed on sentiment. However, strong order backlog and upcoming Tejas Mk1A deliveries keep long-term outlook positive.
Kaynes Technology shares tumble 25% in 3 days after weak Q4; Elara cuts rating to ‘Accumulate’
Kaynes Technology India shares tumbled nearly 25% in three days following a weaker-than-expected Q4 performance and a downgrade by Elara Securities. The company missed key FY26 guidance metrics, including revenue and operating cash flow. While FY27 growth targets were lowered, the firm anticipates future revenue contributions from its OSAT plant.
Macro worries cloud markets, but domestic fundamentals offer cushion: Sandip Sabharwal
Market expert Sandip Sabharwal highlights that despite global headwinds like rising crude oil and currency weakness, Indian corporate fundamentals offer stability. He views the Bharti-Prudential deal positively for FDI and sees potential tactical upside in the IT sector, while cautioning about Vodafone Idea’s structural challenges and favoring private banks over PSUs.
Hindustan Zinc shares crack 7% in two sessions. What’s behind the sharp slide?
Hindustan Zinc shares fell as silver prices crashed sharply on Multi Commodity Exchange of India. MCX silver plunged over Rs 5,000 per kg in a day and has corrected nearly 13% from recent highs following the government’s import duty hike, amid rising Iran war tensions and fading hopes of a rate cut.
Amber Enterprises shares crash 18% after Q4 results. What’s spooking investors?
Amber Enterprises shares plunged almost 18% on Monday. This followed the company’s January-March quarter results. Net profit rose 15% year-on-year to Rs 134 crore. Revenue grew over 10% to Rs 4,148 crore. However, adjusted profit after tax declined significantly due to JV losses. The company anticipates future margin pressure.
Pharma seen as safe bet amid currency volatility, says Ambareesh Baliga
Market veteran Ambareesh Baliga suggests pharmaceutical stocks offer a safe haven amidst currency volatility and cautious foreign investor sentiment. He advises focusing on top-tier pharma companies. Baliga also expresses caution on jewellery stocks due to increased gold import duties and anticipates margin pressures, while maintaining a positive outlook on Tata Motors and a bullish long-term […]
Gland Pharma shares jump 11% as Q4 profit soars 97% YoY, co announces Rs 20/share final dividend
Shares of Gland Pharma rallied on Monday after the company reported a 97% YoY surge in Q4 profit and strong revenue growth, driven by its CDMO business. The board also announced a ₹20-per-share final dividend for FY26, boosting investor sentiment.
Bitcoin hits two-week low at $76,711 as liquidations top half a billion
Bitcoin experienced its lowest point in over two weeks, dropping to $76,711 as global macro risks from the US-Iran conflict prompted traders to reduce positions. This downturn saw significant liquidations of bullish bets across cryptocurrencies, with Bitcoin’s price falling below a key support level.
Last date to buy these four stocks for dividends, do you own any?
Investors have a final chance today, May 18, to purchase shares of Alicon Castalloy, Atishay, Man InfraConstruction, and Metropolis Healthcare to qualify for upcoming dividends. The record date for these four companies is set for May 19, meaning today is the last opportunity to buy for dividend eligibility.
Vodafone Idea shares drop 4% on muted Q4 revenue growth, one-time gain in profit
Shares of Vodafone Idea fell 4% on Monday despite the telecom operator reporting a Q4FY26 net profit of Rs 51,970 crore, aided by a one-time AGR-related accounting gain. Revenue rose 3% YoY to Rs 11,332 crore, while EBITDA increased 4.9%. ARPU climbed 8.3% to Rs 190, and the company’s 4G and 5G subscriber base expanded […]