Hindalco Industries’ subsidiary Novelis reported a fourth-quarter loss after fires at its Oswego plant in the US disrupted production, hurt shipments and weighed on profitability despite resilient underlying demand.
Strides Pharma expects recovery in its US business from the second half of FY27 despite a weaker-than-expected flu season impacting recent growth, while reiterating its $375-400 million North America revenue target for FY28. It added that Ex-US markets are emerging…
Eureka Forbes reported healthy fourth-quarter growth led by water purifiers and emerging categories, while adjusted EBITDA margin touched a record high as the company continued its profitability and transformation push.
Brokerages Elara and Axis Capital have raised concerns regarding the TVS Motor’s capital allocation policy after the company announced a ₹193 crore investment in Jana Small Finance Bank.
Zydus Life’s results for the March quarter were better than expectations across parameters, even having adjusted for the exceptional items during the quarter.
Barring its revenue, most of the parameters of Kirloskar Industries were lower, when compared on a year-on-year basis. The stock though, is higher after the dividend announcement.
Sources said the bank currently contributes around 5% to ICICI Prudential Life’s annualised premium equivalent (APE) and about 6% to its retail APE.
The company’s promoters and promoter group will be participating in the buyback, Dhanuka’s exchange filing stated. May 29 has been fixed as the record date to determine the eligibility of the shareholders who can participate in the share buyback program.
Julius Baer Global CIO Yves Bonzon says AI infrastructure spending by US hyperscalers is the single most important number to watch in markets, and that the upcoming wave of major US IPOs will be a key test of market appetite.…
Sandip Agarwal Fund Manager at Sowilo Investment Managers which manages assets worth nearly $20.44 million as of April 30, 2026, makes a case for Indian IT stocks despite global uncertainty. He points to rupee weakness, a 40–50% valuation correction, and…