KEI Industries reported strong Q4 growth with profit and revenue rising sharply, supported by healthy cables demand, even as management flagged a sizeable long-term opportunity from India’s expanding data centre ecosystem.
Shares of Jyothy Laboratories, which fell over 2% after the results announcement, are now trading 2.7% higher at ₹272.25. The stock has risen 30% in the last one month.
Shares of Aditya Birla Capital Ltd ended at ₹348.10, up by ₹2.75, or 0.80%, on the BSE.
The Sensex rose 356 points to 77,269, while the Nifty gained 122 points to close at 24,119. The Nifty Bank index underperformed, adding just 15 points to end at 54,879.
Wockhardt Ltd posts Q4 net profit of ₹164 crore vs loss last year, revenue up 30% to ₹965 crore, EBITDA and margins surge, shares close 2.54% higher.
L&T’s earnings before interest, tax, depreciation and amortization (EBITDA) is likely to rise by 14% to ₹9,322.4 crore from ₹8,202 crore in the previous year. Its EBITDA margin is set to expand marginally to 11.15% from 11.03% in the year-ago…
Asset quality for CSB Bank improved on a sequential basis, with Gross NPA improving to 1.66% from 1.96% in the December quarter, while Net NPA improved to 0.4% from 0.67% in the previous quarter.
Ambuja expects demand growth for the cement industry to remain modest at around 5% in FY27, citing geopolitical uncertainties and an early forecast of a below-normal monsoon.
Approximately 1,047.4 million shares, representing nearly 60% of the company’s total equity, will become eligible for trading, according to Nuvama Alternative and Quantitative Research.
Nestle India will focus on volume led growth over price hikes in FY27 amid cost pressures, after strong Q4 results and market beating growth despite slowing demand