Why global insurance giants are rushing into India after 100% FDI reform
Global insurers are expanding aggressively in India after 100% FDI approval opened access to one of the world’s largest underinsured markets.
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Afcons Infra reports ₹88-cr Q4 loss as revenue, margins slide; declares dividend
Revenue falls 19% YoY; board recommends 20% dividend for FY26; order inflows at ₹4,125 crore. Afcons Infrastructure shares fell 4.89% to close at ₹320.05 on the NSE today, May 18.
Triveni Turbine declares 200% dividend as Q4 net profit and revenue rise
Revenue grew 26.3% to ₹680 crore from ₹538 crore in the same period last year. However, margins declined to to 18.8% from 22.4% YoY. Shares of Triveni Turbine Ltd ended at ₹595.40, down by ₹11.45, or 1.89%, on the BSE…
JK Paper Q4 profit rises 36% on strong revenue growth; board recommends dividend
JK Paper Ltd reports 36.4% Q4 profit jump on higher revenue and margins, announces final dividend and eyes new BCTMP plant production in FY27. Shares of JK Paper Ltd ended lower on Monday, May 18, by 2.37% at 372.60 on…
Subros Q4 Results | Net profit up 7% as revenue climbs 16%; declares ₹3 dividend
Shares of Subros Ltd ended at ₹728.00, down by ₹19.40, or 2.60%, on the BSE.
DOMS Q4 Results | Pencil maker’s net profit, revenue rise; declares dividend
EBITDA rose 14.4% year-on-year to ₹101 crore, while the EBITDA margin reduced to 16.7% from 17.4% in Q4FY25. Shares of DOMS Industries Ltd ended at ₹2,277, up by ₹13.10, or 0.58%, on the BSE today May 18.
Stocks to Watch for May 19: Eicher Motors, Astral, BPCL, GNFC and more
From Eicher Motors getting an approval from Government of Andhra Pradesh for a 215.7-acre land parcel at Tada for to GNFC reporting an 87.7% year-on-year rise in consolidated net profit for the fourth quarter, here are some stocks to track…
JSW Steel block deal sees GQG, SBI MF as key buyers
GQG Partners and SBI Mutual Fund emerged as key buyers in a block deal of JSW Steel on May 18, reflecting in the day’s institutional inflow data. The transaction, valued at around ₹3,150 crore, saw JSW Energy offload 2.5 crore…
GE Vernova T&D India Q4 profit rises 89% as margin expands; dividend declared
GE Vernova T&D India reported a strong March quarter performance with profit rising nearly 89% year-on-year, driven by robust revenue growth, improved operating margins and healthy execution across projects.
Indian firms turn to floating-rate debt as interest rate hikes loom
Indian firms shift to floating rate bonds as rate hike bets rise, ICICI Home Finance, Tata Capital, Mahindra and Mahindra Financial Services and HDB plan ₹85.50 billion in issues.