Bond selloff hits US futures as West Asia crisis fuels inflation fears
US stock futures fall as Middle East tensions, surging oil and rising global bond yields hit sentiment, with focus on Nvidia, Target and Walmart earnings this week
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Trade Setup for May 19: Nifty bulls hope Monday’s 350 point recovery is not a ‘trap’
What also needs to be monitored going into Tuesday’s NSE weekly expiry is that for how long will the IT stocks keep piggy-backing on a weak rupee. It was IT that led the recovery on Monday before HDFC Bank, Reliance…
GNFC Q4 profit surges 88% on better realisations, lower costs; ₹21 dividend declared
Improved sales realisations and lower input costs boost earnings; EBITDA nearly doubles and margin expands to 21.8%; shares of GNFC close 1.28% higher at ₹520.95 on the NSE on Monday, May 18.
Astral Q4 profit rises 20%, but misses estimates across metrics; dividend declared
Astral reported double-digit growth in profit and revenue for the March quarter, although earnings, revenue and margins came in below CNBC-TV18 estimates amid softer operational performance.
Royal Enfield maker Eicher Motors gets nod for ₹2,500 crore bike plant in Andhra as capacity nears full use
Company gets approval for 215.7-acre land parcel at Tada as existing motorcycle manufacturing capacity nears full utilisation
Vascon Engineers wins ₹133 crore order from Reliance Industries for Jamnagar project
Shares of Vascon Engineers Ltd ended at ₹33.32, down by ₹1.75, or 4.99%, on the BSE.
Vodafone Idea targets over 35% operating margin over next 3-4 years
Vodafone Idea targets cash EBITDA margin above 35% in 3-4 years, keeps ₹45,000-crore capex plan, pursues ₹25,000-crore funded and ₹1,000-crore non funded facilities led by SBI consortium. Shares of Vodafone Idea closed nearly flat at ₹12.98 on Monday; they have…
Apollo Micro Systems Q4 Results: Shares up 9% on sharp profit, revenue growth
Apollo Micro Systems reported strong Q4 earnings growth, driven by robust revenue expansion and improved operating performance, while investor sentiment remained upbeat following recent defence manufacturing licence approvals.
Sensex ends 77 points higher after recovery from day’s lows; Midcaps underperform
The Sensex rose 77 points to close at 75,315, while the Nifty gained 6 points to settle at 23,650. The Nifty Bank index slipped 173 points to 53,537, while the Midcap index declined 93 points to 60,474.
Uno Minda shares fall 7% from highs after cautious management commentary on future outlook
Uno Minda said it has managed to maintain its margin despite a sharp increase in input costs. Despite near-term headwinds, Uno Minda said its long-term growth outlook remains intact. It has given a margin guidance of 11% with a plus-minus…