Havells India Q4 Results: Strong operating performance aided by cables business; Stock jumps

Havells India’s shares surged even as numbers on the operating front were lower on a year-on-year basis, but better than analyst expectations.

Havells India’s shares surged even as numbers on the operating front were lower on a year-on-year basis, but better than analyst expectations.

Just as HCLTech’s results have taken its fellow IT stocks lower, Nestle India’s results have propelled its FMCG peers higher over the last two sessions. Shares of Hindustan Unilever are up 6.5% over Tuesday and today, while those of Tata…

HSBC plans to raise its stake in Canara HSBC Life Insurance via new shares or buying from existing investors, will approach Canara Bank, move reflects interest in India’s insurance market.

In an interaction with CNBC-TV18, the Federation of Automobiles Dealers Association (FADA) said that dealers and manufacturers are already preparing for a cleaner and greener future.

UBS says Southwest, Procter and Gamble and UPS could gain if the US Iran ceasefire becomes lasting peace, while defence and energy firms like Lockheed and Exxon may lose.

Aditya Soman, Senior Research Analyst at CLSA India, remains positive on Eternal and DMart, describing them as high-conviction ideas for the firm despite near-term volatility.

For FY27, the company has guided for revenue of ₹3,200 crore and EBITDA margins in the 15-17% range.

Shares of Infosys have extended their losses to 4%, while those of TCS are also down to the lows of the day, extending their losses to 2% as well. Both of these stocks have shed between ₹15,000 crore to ₹20,000…

Neeraj Seth, Founder & CIO of 3R Investment Management explains why a stance of cautious optimism is warranted, as geopolitical tensions, unresolved oil supply issues, and delayed policy support continue to shape the outlook. He also shares his views on…

ABB’s global results showed that order inflows from the India region grew 26% year-on-year. The parent also announced plans to invest around $75 million in expanding manufacturing and research and development capabilities in India.