ITC shares fall 2% after Q4 results. What Goldman Sachs, Morgan Stanley and others are saying?
ITC shares slipped on Friday despite a 5% rise in Q4 standalone profit and strong FMCG growth. Brokerages remained cautious, with Goldman Sachs, Morgan Stanley, and Nomura flagging pressure from cigarette tax hikes. While FMCG and paper segments showed resilience, analysts expect cigarette volume decline and margin stress to weigh on earnings.
JSW Cement shares gain 12% as Q4FY26 profit jumps to Rs 362 crore
JSW Cement shares soared over 11% following a remarkable Q4FY26 earnings report. The company posted a staggering 2,162% year-on-year profit jump, fueled by robust revenue growth and improved operational efficiencies. Strong sales volumes across cement and GGBS segments contributed to this impressive financial performance, prompting a dividend recommendation.
Picked wrong Melody? Parle Industries shares hit 5% upper circuit for 3rd day
Parle Industries shares hit the 5% upper circuit for the third straight session after investors mistakenly linked the stock to Melody toffees gifted by PM Narendra Modi to Italy’s Giorgia Meloni. The viral social media moment sparked confusion between listed Parle Industries and unlisted FMCG giant Parle Products, fuelling a sharp rally in the microcap […]
IT sector a contrarian opportunity at current valuations: Aditya Shah
Aditya Shah of Hercules Advisors identifies power, banking, chemicals, and real estate as promising sectors for long-term growth amidst global uncertainty. While cautious on EMS due to valuations, he sees potential in quick commerce players demonstrating disciplined execution and profitability, favoring Blinkit currently.
Central Bank of India OFS: Govt to sell up to 8% stake in lender. Check key details
The Indian government is selling a stake in Central Bank of India. This offer for sale aims to raise over Rs 2,200 crore. The sale opens for institutional investors on May 22 and for retail investors on May 25. The government has set a floor price of Rs 31 per share.
Nykaa shares rally 4%, hit 52-week high after Q4. Here’s what Goldman Sachs, Morgan Stanley are saying
Nykaa share price surged to a 52-week high following strong March quarter results. Net profit jumped 286% to Rs 78 crore, with revenue up 28% year-on-year. The company achieved its highest quarterly revenue and gross margin in 12 quarters. Analysts maintain positive ratings, citing growth momentum and AI initiatives.
LIC shares jump 5% after Q4 results, first-ever bonus issue. Here’s what brokerages say
LIC shares jumped around 5% on Friday after the state-run insurer announced its first-ever 1:1 bonus issue and a Rs 10 dividend, alongside strong Q4 results. Consolidated net profit rose 23% year-on-year to Rs 23,467 crore, while net premium income increased 12% to Rs 1.65 lakh crore. For FY26, net profit climbed over 19% and […]
Buyback alert! 5 stocks turning ex-record dates for share buybacks in May. Check details
As many as five companies including Zydus Lifesciences, Welspun Living and others are approaching the record dates for their respective share buybacks. Only those shareholders who own the shares of these companies in their demat accounts will be eligible to tender shares as part of the offer.Share buyback refers to a corporate action where a […]
Rs 420 crore share buybacks: Welspun Living, CMS Info Systems turn ex-record date today. Tracking any?
Welspun Living and CMS Info Systems shares will trade ex-record date for their buybacks totaling Rs 420 crore. Investors await details on entitlement ratios and offer windows. Welspun Living plans to repurchase shares at Rs 175, while CMS Info Systems will buy back at Rs 340 per share.
Positive Breakout: These 15 stocks cross above their 200 DMAs
In the Nifty500 pack, 15 stocks’ closing prices crossed above their 200 DMA (Daily Moving Averages) on May 21, 2026, according to stockedge.com’s technical scan data. The 200-day daily moving average (DMA) is used by traders as a key indicator for determining the overall trend in a particular stock. As long as the stock is […]