NCLT admits Reliance Alpha Services insolvency plea against Prime Focus over 353.79 crore loan, Prime Focus appeals to NCLAT, says no disbursal, operations continue, shares rise
Shares of Ceigall India remained in focus after the infrastructure company posted strong Q4 earnings, aided by robust execution, margin expansion, rising order inflows and diversification into new sectors.
Harshal Barot, Senior Consultant – South Asia & Middle East at Metals Focus, said domestic gold premiums have risen to around $15-$16, indicating that the trade is beginning to face supply tightness.
The stocks have fallen a lot and yet aren’t cheap. Here’s why.
Karur Vysya Bank’s profitability was aided by a higher other income, despite provisions at the end of the quarter more than doubling on a sequential basis to ₹257.6 crore from ₹104.8 crore in December.
The Sensex fell 114 points to close at 77,845, while the Nifty slipped 4 points to settle at 24,327. The Nifty Bank index gained 66 points to end at 56,047.
The current dividend payout is subject to approval from shareholders at its ensuing Annual General Meeting (AGM). Record date for the payment of dividend has not been disclosed yet.
CNBC-TV18 has reached out to both Coal India and the Department of Investment and Public Asset Management (DIPAM) and is awaiting a response from both.
Management said it remains confident of delivering 25% revenue growth along with a corresponding increase in EBITDA going forward.
HSBC said its execution-driven market share gains in wires and cables and the FMEG margin expansion is set to drive an estimated 20% earnings per share (EPS) compound annual growth rate (CAGR) for Polycab over financial year 2026-2029.