Parliamentary panel expresses concern over investments in cryptocurrencies
Parliamentary panel flags alarming crypto investments, backs continued tax on virtual digital assets as India studies global models before framing policy.
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WeWork India shares jump 20% after Q4 profit surge and bullish FY27 outlook
WeWork India reported strong fourth-quarter earnings with profit soaring 78% and revenue rising 27%, while a bullish FY27 outlook, improving cash flows and net debt turnaround lifted investor sentiment.
Page Industries Q4 Results: Volume growth highest in three years; ₹150 dividend declared
Page Industries’ board has also approved an interim dividend of ₹150 per share, the record date for which has been fixed as May 27.
Emami Q4 Results: Stock falls on earnings miss amid weak summer portfolio demand
Emami reported a weak fourth quarter as an unfavourable summer season and geopolitical disruptions in West Asia hurt demand, while the FMCG maker stepped up investments in Ayurveda and digital beauty brands.
RPSG Ventures Q4 Ventures: Net loss widens from last year despite 15% revenue growth; Stock falls
Shares of RPSG Ventures are currently under stage two of the Advanced Surveillance Measures (ASM) framework. Trading for stocks under this includes a 100% upfront margin and a shifted settlement structure.
DEE Development shares slide nearly 10% from highs after Q4 profit, margins
Shares of DEE Development Engineers, which were locked in a 5% upper circuit before the earnings announcement, fell as much as 10% from the highs of the day to make an intraday low of ₹451.4. The stock has risen 17%…
Why PSU banks look stronger than private lenders right now: PL Capital’s Amisha Vora explains
Amisha Vora, Chairperson & MD, PL Capital, believes PSU banks look more attractive than private banks due to their stronger ability to raise low-cost deposits. She is positioning portfolios toward exporters, metals, defence and power-linked sectors amid sharp rupee depreciation.…
JSW Cement Q4 Results: Tax write-back aids profit but stock jumps 9% on operating performance
JSW Cement also informed the exchanges of a 2.5 MTPA GU capacity addition at its Greenfield integrated unit in Nagaur, Rajasthan.
Honeywell Automation shares surge over 11% after JM Financial upgrades, sees 46% upside
This is the biggest single-day gain for Honeywell Automation since May 16, 2024, when the stock had gained 13% back then.
Here’s why shares of Bosch India fell up to 5% on Thursday
Bosch for FY27, it was cautiously optimistic and its key objective for the fiscal will be on supply chain agility. The company has maintained a flattish volume outlook for FY27.