Dipan Mehta of Elixir Equities remains cautious on equities despite a recent recovery, citing risks from West Asia tensions, crude oil prices, inflation, and monsoon uncertainty. He expects the full impact to reflect in the June quarter and advises waiting…
Along with GMDC, shares of other Metal companies are also doing well on Thursday, with gains between 1% to 3%. Shares such as Vedanta are at a 52-week high as well today.
Firstsource Solutions led the pack, surging 14% — its biggest single-day gain since December 2020. Coforge rose 4%, while Mphasis advanced 2% during the session.
Since last Akshaya Tritiya, both gold and silver have delivered strong gains, with silver sharply outperforming gold, but the key question now is whether this rally can sustain as macro conditions turn uncertain.
Gross Direct Premium Income (GDPI) for the quarter grew 18.2% YoY, outpacing industry growth of 10.9%. The board has also recommended a final dividend of ₹7 per equity share, at a 70% payout, for FY26.
Gold and silver rose on Thursday as geopolitical uncertainty and dollar weakness boosted safe haven demand, while Asian stocks and US futures gained on easing Iran US tensions.
HDB Financial Services reported a 22% year-on-year growth in its Net Interest Income (NII) for the March quarter, which contributed to the 41% jump seen in the company’s profitability.
Revenue plunged 82.6% YoY to ₹332.7 crore, compared to ₹1,906.9 crore a year ago. For the full year FY26, revenue declined 87% YoY.
As part of the arrangement, TheraNym will build the facility, manufacture the products, and supply them to MSD.
Alphabet early SpaceX bet could yield $100 billion at a $2 trillion IPO, as Elon Musks rocket company eyes a record listing and creates new billionaires.