Jefferies raises target price of auto ancillary stock that’s venturing into aerospace

Jefferies has increased its target price for Belrise Industries to Rs 250, maintaining a positive outlook. The auto component maker is experiencing strong earnings growth and securing new orders. Belrise is also expanding its global presence in aerospace and defence sectors. This strategic diversification is expected to drive future growth and profitability for the company.

Water purifier maker Kent RO delays IPO as Mideast war dents sentiment

Kent RO Systems has postponed its stock market debut. The Indian water purifier maker cites global market volatility, worsened by the Iran conflict, as the reason. Rising costs for raw materials also impact operations. The company will reassess its IPO plans in at least a year. Despite challenges, Kent expects revenue growth driven by low […]

Campus Activewear shares jump 7% after strong Q4 show; PAT surges 26% YoY

Campus Activewear shares rallied nearly 7% after the company reported strong Q4 FY26 earnings, driven by healthy revenue growth, expanding margins, and improved profitability. The footwear maker also crossed the Rs 1,770 crore revenue milestone in FY26, supported by stronger premium product demand and improving operational efficiency.

Awfis Space Solutions shares surge 9% after Q4 profit jumps 107% YoY

Awfis Space Solutions shares saw a significant jump after the company announced a more than two-fold increase in net profit for the March 2026 quarter. Strong demand for managed office spaces and expansion across India drove this performance. The company reported robust revenue growth and improved operational efficiency.

RVNL shares fall 3% as Q4 net profit tumbles 43%; revenue rises just 5%

Rail Vikas Nigam Limited (RVNL) shares dipped 3% after reporting a 43% year-on-year decline in standalone net profit to Rs 212 crore for the March quarter. Despite a 5% revenue increase to Rs 6,648 crore, expenses rose significantly, impacting profitability. Full-year profit also saw a 33% drop.