UTI Asset Management profit slumps 72.8% in Q4 to ₹33.7 crore as costs and exceptional items rise; revenue for the quarter largely unchanged at ₹317 crore; FY26 profit falls, board proposes ₹40 dividend per share. Shares of the company ended…
Infosys reported a sharp decline in headcount during the March quarter, with attrition ticking up slightly, even as peers showed mixed hiring trends and the company cited softer volumes and seasonal factors.
Infosys, LTIMindtree, Tata Capital, Adani Energy Solutions, Cyient, Mahindra Logistics and Himadri Speciality Chemical post mixed Q4, key earnings from Reliance and others due April 24. Here are few stocks to keep an eye on ahead of Friday’s trading session.
The company recommended a final dividend of ₹2 per share. Shares of Indian Energy Exchange Ltd ended at ₹126.90, up by ₹1.10, or 0.87%, on the BSE today, April 23.
Balrampur Chini Mills to raise up to ₹450 crore via preferential issue and ₹200 crore via NCDs, ups PLA capex to ₹3,080 crore, plans new lactogypsum plant in Uttar Pradesh.
A founder and entrepreneur, Agarwal played a central role in building the company from its origins in Bikaner into a globally recognised packaged food enterprise.
Tata Teleservices (Maharashtra) returned to profitability in the March quarter, but that was due to an exceptional gain owing to a provision write-back. However, adjusted for the exceptional item, its losses narrowed compared to last year.
ACC extends tenures of Rajneesh Karnatak at Bank of India and Debadatta Chand at Bank of Baroda as MD and CEO, and Ashutosh Choudhury as Executive Director at Indian Bank.
Shares of Dabur India Ltd ended at ₹460.15, up by ₹0.10, or 0.022%, on the BSE.
Nikhil Bhandari, Head-India Equity Research at Goldman Sachs, said supply constraints, lower investments and maturing shale output are setting up a new oil investment cycle. He expects prices to remain supported depending on supply disruptions, with investments likely to pick…