Hindalco shares will react to Novelis’ optimistic commentary but concerns remain
Novelis is expecting capital expenditure for the financial year 2027 to be in the $2.1 billion to $2.4 billion range, including $350 million for maintenance capex.
admin
Q4 Results LIVE Updates: BPCL, Orkla react to earnings; Lenskart, Grasim, Apollo Hospitals report
Q4 Results LIVE Updates: Lenskart, Grasim, Apollo Hospitals, Samvardhana Motherson, Metro Brands, Jubilant Foodworks, JK Lakshmi Cement, are among the companies reporting their earnings today, while earnings reactions come from names like BEL, BPCL, Orkla India, PI Industries, Dredging Corp,…
Dow Jones falls over 300 points, Tech sell-off continues as higher yields dampen sentiments
A monthly survey of global fund managers conducted by Bank of America shows as many as 62% of the fund managers surveyed, expect the 30-year yield to touch 6% soon, which will be the highest level since late-1999.
A former OpenAI employee turned fund manager is betting against the very stocks that build it
A German-born AI researcher and Columbia University valedictorian, Leopold Aschenbrenner joined OpenAI’s “Superalignment” team in 2023, tasked with ensuring superhuman AI systems remain safe and aligned with human interests, but was fired in April 2024 over an alleged information leak,…
ITC Hotels buys Zuri Resorts for ₹175 crore to expand luxury push
ITC Hotels has acquired Zuri Hotels and Resorts for up to ₹175 crore, strengthening its luxury portfolio and expanding presence in premium leisure destinations.
TCS tops ₹1 lakh crore net worth despite buybacks, mega dividends
Tata Consultancy Services crossed the ₹1 lakh crore net worth milestone in FY26 despite massive dividend payouts and buybacks, highlighting the financial strength and cash-generating ability of India’s largest software exporter.
Borosil Q4 profit slips 5%; board approves ₹250 crore fundraise plan
Borosil said on Tuesday, May 19 that it has reported a 5% year-on-year decline in net profit to ₹10.6 crore for the fourth quarter, compared with ₹11.1 crore in the corresponding period last year.
MapmyIndia Q4 profit rises slightly, company sees business recovery ahead
C.E. Info Systems Ltd (MapmyIndia) reported a marginal rise in consolidated net profit for the fourth quarter ended March 2026, even as revenue growth remained subdued on a year-on-year basis.
Dredging Corp swings to Q4 profit on strong revenue growth; targets ₹1,500-cr turnover
Dredging Corporation of India reports strong Q4 profit turnaround, higher revenue and margins and sets FY27 turnover target. Shares of Dredging Corporation of India Ltd ended higher on Tuesday, May 19, by 14.8% at ₹994 on the NSE.
Orkla India Q4 profit more than doubles despite slow revenue growth
Orkla India reported a 107% jump in Q4 profit to ₹73 crore, with steady revenue growth and stable margins despite regional disruptions in Kerala.