HUDCO crashes 8% despite 172% YoY surge in Q4 net profit
HUDCO shares plunged over 8% despite the company reporting a sharp rise in Q4FY26 net profit, driven mainly by a deferred tax gain. While revenue and interest income improved strongly, profit before tax declined and expenses rose sharply, raising concerns over the sustainability and quality of earnings growth.
Why mutual funds are betting billions on Adani’s energy trio
Indian mutual funds are significantly increasing their stakes in Adani Power, Adani Green Energy, and Adani Energy Solutions. This strategic shift indicates a strong conviction in India’s electrification drive. These companies are seen as key players in meeting the nation’s growing demand for electricity driven by data centers, electric vehicles, and manufacturing.
Adani Enterprises, other Adani Group stocks jump up to 3%
Adani Group stocks saw a significant jump on Friday. Reports suggest US authorities may resolve fraud allegations against Gautam Adani. A settlement with the SEC for $18 million is also proposed. This development could lead to the dropping of criminal charges. The Adani Group is reportedly considering substantial US investments. This offers a major relief […]
Paytm, Urban Company among 10 firms with the highest FII shareholding in Q4
Foreign investors are showing interest in select Indian companies. Despite a significant outflow from Indian equities, some firms have attracted substantial FII investment. Le Travenues Technology leads with the highest FII stake. Other notable companies include 360 One WAM, Redington, CarTrade Tech, and Agarwal’s Health Care.
Tata Motors CV shares jump 3% but brokerages are cautious
Tata Motors CV shares jumped 3% on Friday, recovering from previous losses despite Q4 earnings that failed to impress markets. The company reported a 70% YoY increase in standalone net profit to Rs 2,406 crore. Brokerages remain cautious, with Nomura downgrading to ‘Neutral’ due to global risks and IVECO concerns.
Nazara Technologies shares soar 18% amid reports of Nikhil Kamath upping stake in block deal
Nazara Technologies shares surged 18% following a significant block deal involving nearly 4.9% of the company’s equity. Nikhil Kamath and Axana Estates are reportedly buyers, with founder Nitish Mittersain as the likely seller. The company reported a Q4FY26 revenue of Rs 398 crore, a 23% decrease year-on-year, but saw net profit jump over 13-fold to […]
Yogesh Patil decodes why petrol, diesel prices may rise further
India’s oil marketing companies received a modest Rs 3 per litre fuel price hike, which analysts say is insufficient to cover daily losses. While this offers some relief, a further Rs 11 per litre increase is needed to eliminate under-recoveries, as the government balances inflation concerns with retailer financial health.
Macro stability key for next leg of market rally: Sandip Sabharwal
Indian equity markets recovered despite early volatility, with fuel price hikes and easing Adani concerns providing support. Market expert Sandip Sabharwal emphasizes that global macro factors like commodity prices, inflation, and Middle East tensions will now dictate market direction, overshadowing corporate earnings.
Kaynes Tech shares fall another 5% a day after crashing 20%. What brokerages fear the most?
Kaynes Tech shares extended losses, falling another 5% after a 20% crash following weak Q4 earnings. Profit declined 22% YoY despite 26% revenue growth, which missed internal targets. Brokerages including JP Morgan, Nuvama and CLSA cut targets, citing execution concerns, margin pressure, and weak near-term visibility.
Paytm, Urban Company among 10 companies with highest FII shareholding in Q4. Check full list
Foreign institutional investors (FIIs) have pulled a massive $53 billion out of Indian equities since late 2024, dragging down several frontline stocks even as domestic institutions step in as the new dominant force in the market. This relentless exodus has weighed on returns, with MSCI India declining about 8% between September 2024 and May 2026. […]