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 […]
Hindustan Copper shares jump 4% after Q4 profit soars 134% YoY, strong margin improvement
Hindustan Copper’s share price surged 4% after the company reported a robust 134% year-on-year increase in net profit to Rs 444 crore for the March quarter. Revenue also climbed 58% to Rs 1,156 crore, driven by improved operational efficiency and profitability. The company also announced plans to raise funds for expansion and recommended a dividend […]
Silver tanks Rs 5,600/kg, gold slips Rs 1,000/10g after drone strike on UAE nuclear plant amid Iran war fears. Time to sell?
Gold and silver prices opened sharply lower on Monday, driven by escalating Middle East tensions that pushed oil prices higher and fueled inflation concerns. This surge in oil prices strengthened expectations that interest rates could remain elevated for longer, impacting bullion markets. Investors are closely watching for further clues on the U.S. Federal Reserve’s monetary […]
Tata Steel shares crack 4% after Q4 results. Why did JPMorgan downgrade the stock?
Tata Steel’s shares dipped despite a 147% surge in Q4 FY26 net profit to Rs 2,965 crore. Analysts are divided, with JPMorgan downgrading to ‘Neutral’ citing regulatory headwinds in the Netherlands and project delays, while Morgan Stanley maintains ‘Overweight’ on strong domestic and UK performance.
Physicswallah IPO lock-in expiry: Rs 2,949 crore worth of shares to free up for trade today. Do you own?
Physicswallah shares are in focus as nearly 26 crore shares, valued at Rs 2,949 crore, become eligible for trade post-lock-in expiry. This event follows a significant price decline from its listing, though the stock has seen some recovery. The edtech platform reported a 34% YoY rise in operating revenue for Q3 FY26.
NFP Sampoorna Foods IPO: Check GMP, subscription, price band and other details
NFP Sampoorna Foods IPO opens for subscription on Monday. Grey market signals indicate a flat outlook with no premium expected. The company aims to raise Rs 24.53 crore through a fresh issue of shares. The IPO will be open from May 18 to May 20.