WeWork India reported strong fourth-quarter earnings with profit soaring 78% and revenue rising 27%, while a bullish FY27 outlook, improving cash flows and net debt turnaround lifted investor sentiment.
Page Industries’ board has also approved an interim dividend of ₹150 per share, the record date for which has been fixed as May 27.
Emami reported a weak fourth quarter as an unfavourable summer season and geopolitical disruptions in West Asia hurt demand, while the FMCG maker stepped up investments in Ayurveda and digital beauty brands.
Shares of RPSG Ventures are currently under stage two of the Advanced Surveillance Measures (ASM) framework. Trading for stocks under this includes a 100% upfront margin and a shifted settlement structure.
Shares of DEE Development Engineers, which were locked in a 5% upper circuit before the earnings announcement, fell as much as 10% from the highs of the day to make an intraday low of ₹451.4. The stock has risen 17%…
Amisha Vora, Chairperson & MD, PL Capital, believes PSU banks look more attractive than private banks due to their stronger ability to raise low-cost deposits. She is positioning portfolios toward exporters, metals, defence and power-linked sectors amid sharp rupee depreciation.…
This is the biggest single-day gain for Honeywell Automation since May 16, 2024, when the stock had gained 13% back then.
JSW Cement also informed the exchanges of a 2.5 MTPA GU capacity addition at its Greenfield integrated unit in Nagaur, Rajasthan.
Bosch for FY27, it was cautiously optimistic and its key objective for the fiscal will be on supply chain agility. The company has maintained a flattish volume outlook for FY27.
Abneesh Roy, Executive Director of Nuvama Institutional Equities expects FY27 to be a stronger year for consumer-facing sectors as companies regain pricing power, competition in paints turns more disciplined and discretionary demand gradually improves across categories.