PFC Q4 Results: PSU stock gains after margins expand, asset quality improves
PFC’s EBITDA margin for the quarter expanded by nearly six percentage points to 98.6% from 92.7% year-on-year. The stock is up over 20% so far this year.
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Senco Gold sees limited risk to FY27 growth despite higher gold import duty
Senco Gold MD & CEO Suvankar Sen expects old gold exchanges, lighter jewellery demand and elevated gold prices to cushion the impact of higher import duties, even as the industry braces for weaker volumes and tighter regulation.
Consumer, manufacturing, AI readiness: Where smart money is moving in India
Krishna Ramachandran, Managing Partner and COO at TVS Capital Funds, said domestic capital could deepen significantly as pension, insurance and family office money increasingly enters alternative assets.
Pine Labs shares fall 11%, most since listing after equity worth ₹17,000 crore freed up
Nearly 80% of Pine Labs’ outstanding equity became eligible for trade after the lock-in expiry. Based on Tuesday’s closing price, the unlocked shares are valued at nearly ₹17,346 crore.
India prioritises forex for crude, defence imports as govt hikes gold, silver duty
India raises customs duty on gold, silver and platinum to curb non essential imports, conserve foreign exchange and protect the current account amid West Asia tensions.
L&T wins ‘significant’ orders in West Asia for extra high voltage substations
L&T reported its fourth quarter results a week ago. It guided for 10-12% revenue growth for the current fiscal, similar margins to FY26 at 8.3% and 10-12% growth in order inflow. It expects the first and second quarters to witness…
Dr. Reddy’s Q4 hit by lower Revlimid; analysts warn of two key risks
Despite the weak quarter, management maintained its outlook of achieving double-digit revenue growth along with margins of around 25%.
Dixon Tech shares gain over 4% even as bears highlight earnings concerns, bulls cut estimates
On the Vivo JV front, the management of Dixon Tech said that the discussions with the government are at an advanced stage and that they are “very close” to a positive outcome.
Rupee edges higher against dollar on gold, silver duty hike, but US yields weigh
Rupee opens slightly stronger at 95.60 as India hikes gold and silver import duties to 15% to curb imports and support forex, but global inflation and US yields keep pressure.
Tata Power shares down 5% after weak operating performance in Q4, Nuvama downgrades
Brokerage firm Nuvama has downgraded Tata Power to “reduce” from its previous “hold” rating. It has a price target of ₹390 per share, indicating a downside of 6.9% from its previous closing price.