BPCL profit slumps on exceptional loss, while Orkla India, Godawari Power and Karnataka Bank report strong earnings growth. PTC India’s profit declines sharply, and JSW Energy moves to raise its stake in Toshiba JSW. Here are the stocks to watch…
Mankind Pharma reported strong fourth-quarter operating performance driven by healthy domestic demand, chronic therapy growth and improved margins, while international business growth remained muted amid geopolitical challenges.
Karnataka Bank reported a strong March quarter with sharp profit growth and improved asset quality, while the lender also posted record annual profit and business turnover for FY26.
Zee Entertainment reported a ₹102 crore loss in Q4 as revenue declined 7% and expenses rose, though it declared a ₹2 dividend per share.
Trident Ltd Q4 profit falls on weaker revenue but margins improve, board declares interim dividend. Shares of Trident Ltd ended marginally lower on Tuesday, May 19, by 0.04% at ₹24.33 on the NSE.
Godawari Power & Ispat reported a strong March quarter performance led by sharp margin expansion and improved operating profitability, while the company also announced a final dividend for shareholders.
US stock futures fall as tech and semiconductor shares slide, NVIDIA and AI infrastructure stocks weaken, bond yields and inflation fears rise, oil eases on reduced Iran strike risk
BPCL reported a mixed March quarter as strong refining margins and operating performance lifted EBITDA above estimates, while profit came under pressure due to a one-time impairment charge linked to its subsidiary.
Closing Bell: Indian markets failed to hold early gains on Tuesday as weakness in financial stocks dragged benchmark indices lower, although broader markets remained resilient with continued buying in midcaps and information technology shares.
Shares of New India Assurance rose after the state-run insurer received a ₹255.68 crore income tax refund from the Income Tax Department for FY20.