Oil prices and dollar hold key to EM flows: Manpreet Gill
Global bond yields are climbing, prompting investors to re-evaluate market risks. This rise pressures equities, particularly those in the artificial intelligence sector. Experts note markets are reacting to inflation worries and oil price impacts. Investors are also adjusting to new leadership at the US Federal Reserve. This shift suggests a broadening of equity exposure beyond […]
Multibagger Apollo Micro Systems shares soar 19% in two sessions. What’s behind the sharp rise?
Apollo Micro Systems shares surged to a record high. The defence firm reported a 163% jump in Q4 net profit and 81% revenue growth. Full-year profit rose 90% and revenue increased 61%. The company’s order book stands at Rs 1,432 crore. Managing Director called FY26 a breakthrough year driven by acquisitions and new licenses.
PI Industries shares tumble 7% after Q4 profit drops 39% YoY to Rs 200 crore
PI Industries shares fell sharply on Wednesday after the company reported a 39% YoY drop in Q4FY26 net profit to Rs 200 crore, along with weaker revenue and EBITDA. FY26 performance also softened, though the board recommended a high final dividend. Weak technicals and declining institutional holding added to investor concerns.
Zydus Lifesciences shares soar 7% to fresh record high after Q4 results. Should you buy, sell or hold?
Zydus Lifesciences shares climbed to a new 52-week high. The company reported a 9% rise in net profit and over 16% revenue growth for the January-March quarter. A Rs 1,100 crore share buyback was announced. Analysts from Nomura, Nuvama, Motilal Oswal, and JM Financial shared their views on the company’s performance and future prospects.
Silver dips Rs 3,000/kg, gold down Rs 1,100/10g as firm dollar outweighs Iran war peace hopes. What’s next?
Gold and silver prices slipped on MCX Wednesday as rising U.S. Treasury yields and a stronger dollar weighed on bullion despite optimism over a potential US-Iran peace deal. Silver futures for July 2026 fell 1% or Rs 2,889 to Rs 2,67,230/kg, while June 2026 gold futures dropped Rs 1,121 to Rs 1,57,959 per 10 grams.
Zydus Lifesciences’ Rs 1,100 crore share buyback at 13% premium: Check record date, other details
Zydus Lifesciences is launching its largest share buyback program to date. The company plans to repurchase shares worth Rs 1,100 crore. This move offers shareholders a premium price. The record date for eligibility is May 29. The buyback will be conducted through a tender route. This follows previous successful buyback initiatives by the company.
BLS International shares soar 9% as Q4 PAT jumps 29% YoY to Rs 187 crore
BLS International shares rose sharply on Wednesday after the company posted a strong Q4FY26 performance, with net profit rising 29% YoY to Rs 187 crore and revenue up 17.6%. Both Visa & Consular and Digital Business segments recorded solid growth, supported by new global visa centres and expanded service partnerships.
BEL shares drop over 2% after Q4 results: What are Goldman Sachs and Nomura saying?
BEL shares fell up to 2.3% to Rs 413 despite the defence PSU reporting a 5% year-on-year rise in Q4FY26 consolidated net profit to Rs 2,226 crore. Revenue from operations grew 11% to Rs 10,224 crore, supported by continued execution of defence projects and operational growth. Total income also increased around 11% to Rs 10,335 […]
Hindalco shares rise 2% on Novelis’ upbeat commentary; US arm reports $84 million net loss
Hindalco shares gained 2% after US arm Novelis plans to reopen its Oswego hot mill sooner than anticipated, despite a higher projected cash flow hit from plant fires. The company foresees significant cost savings and aims for positive free cash flow by year-end. While sales rose, net loss widened, and debt levels climbed.
Rupee tumbles to record low of 96.86 vs USD as US-Iran stalemate stokes global inflation fears
The rupee hit a record low against the dollar on Wednesday, driven by elevated oil prices stemming from stalled U.S.-Iran peace talks. This surge in energy costs fuels inflation fears, pushing bond yields higher and impacting equities. The rupee’s decline, coupled with significant overseas investor withdrawals and rising Brent crude prices, exacerbates India’s balance of […]