Chennai Petroleum Q4 Results: Net profit jumps 42%, revenue up 7%; dividend declared
The board of Chennai Petroleum has recommended a final dividend of ₹54 per share for FY26, in addition to an interim dividend of ₹8 per…
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Dividend Stock: Refiner falls over 6% despite announcing highest payout in two years
Chennai Petroleum shares fell over 6% despite announcing its highest dividend payout in two years, alongside strong sequential earnings growth and improved margins during the…
Ashoka Buildcon wins ₹600 crore Angola electricity distribution project
Ashoka Buildcon wins $72.36 million Angola power project for Luanda networks. The project is to be executed in 24 month. Shares rise on order win…
Hindustan Zinc Q4 Results: Stock falls after margins miss expectations; Dividend declared
Hindustan Zinc’s EBITDA margins expanded by 390 basis points from last year to 56.9% from 53% but fell short of the CNBC-TV18 poll figure of…
HCLTech shares extend sell-off after Q4 results, set for worst week in nearly 20 years
Brokerages issued downgrades and cut their price targets on HCLTech after its results miss. The miss from the company has resulted in a steep sell-off…
Dividend Stock: Vedanta unit to pay shareholders ₹4,648 crore as first payout
Hindustan Zinc declared an interim dividend of ₹11 per equity share (550% on a face value of ₹2), amounting to ₹4,648 crore.
Alkem Laboratories shares crater after CEO Vikas Gupta resigns to pursue new opportunities
Alkem Laboratories CEO Vikas Gupta said he decided to step down to pursue new professional opportunities that align closely with his long term professional and…
L&T enters industrial electronics space, starts Coimbatore manufacturing
Larsen & Toubro launches L&T Electronic Products & Systems, industrial electronics unit, starts manufacturing in Coimbatore, with plans of 40 acre expansion, shares down intraday…
Infosys near-term outlook weak, downside limited; MOFSL’s Khemka positive on Fortis, renewables
Siddhartha Khemka, Head of Research, Wealth Management, Motilal Oswal Financial Services remains cautious on Infosys in the near term due to margin pressure from AI-led…
Union Bank of India shares extend losses after Q4 results; Check revised analyst price targets
UBS expects the Union Bank’s NIMs to witness stable to slightly improving trends, supported by a continued repricing of deposits. It has estimated an average…