Adani Ports CEO Pranav Choudhary resigns; former IRS Officer Niraj Bansal to take charge
Adani Ports CEO Pranav Choudhary will step down on May 31, with former IRS officer and ex-JNPT chief Niraj Bansal taking over from June 1.
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Syrma SGS Q4 net profit jumps 55% on revenue surge; dividend declared
Revenue climbed 58.5% YoY, EBITDA up 62% while margins remained flat at 12%. Shares of Syrma SGS Technology ended higher on Monday, with the stock settling at ₹1,118 on the NSE, up ₹17.85 or 1.62%.
Vodafone Idea denies receiving update on proposed Vodafone Group stake transfer
The clarification was issued in response to a news report referring to a potential evaluation by Vodafone Group and the consequent price movement in the company’s stock. Shares of Vodafone Idea Ltd ended at ₹12.19, up by ₹0.94, or 8.36%,…
Paradeep Phosphates Q4 Results: EBITDA rises 15%, margin steady; profit slips
Paradeep Phosphates reported higher revenue and operating earnings in the March quarter, while net profit declined year-on-year. The company also announced a dividend of ₹1.50 per equity share for FY26.
Groww block deal worth up to ₹4,750 crore launched; Sequoia, YC among likely sellers
CNBC-TV18 has learnt from sources that a block deal in Groww parent Billionbrains Garage Ventures has been launched at an 8.5% discount, with Peak XV, Sequoia, Y Combinator and Ribbit among sellers.
Trade Setup for May 12: Nifty at precarious support levels as West Asia crisis aftermath bites
The Nifty remained under pressure for the third consecutive session and slipped below its immediate support at the 50-day moving average near the 23,950 mark.
JBM Auto Q4 net profit rises 12%; revenue, margins up; declares dividend
The company recommended a final dividend of 85%, equivalent to ₹0.85 per equity share of ₹1 each, for the year ended March 31, 2026. Shares of JBM Auto Ltd ended at ₹680.85, up by ₹30.90, or 4.75%, on the BSE…
IHCL Q4 net profit rises 15% on strong RevPAR growth; declares ₹3.25 dividend
Revenue increased 14% to ₹2,765.3 crore versus ₹2,425 crore a year earlier. EBITDA rose 13.5% to ₹972.7 crore from ₹856.8 crore in Q4FY25. Shares of Indian Hotels Company Ltd ended at ₹663.80, down by ₹9.50, or 1.41%, on the BSE…
Stocks to Watch for May 12: JSW Energy, Ather Energy, Indian Hotels and more
From JSW Energy reporting record EBITDA in the March quarter to Indian Hotels reporting a strong Q4 performance and announcing a dividend of ₹3.25 per share, these are some stocks to watch ahead of Tuesday’s trading session.
HFCL secures ₹184-crore export orders for optical fibre cables
The orders include one contract worth around $11.43 million (approximately ₹108.8 crore) and another valued at about $7.89 million (roughly ₹75.15 crore). Shares of HFCL ended higher on Monday, May 11, by 5.85% at ₹149.41 on the NSE.