RailTel shares in focus after strong Q4 led by execution

RailTel Corporation’s order book remains strong at ₹10,166 crore, including around ₹1,000 crore from Kavach-related projects, offering healthy revenue visibility going ahead.

RailTel Corporation’s order book remains strong at ₹10,166 crore, including around ₹1,000 crore from Kavach-related projects, offering healthy revenue visibility going ahead.

Q4 Results LIVE Updates: Amubja Cements, Manappuram Finance, Godrej Properties, Aditya Birla Capital, Tata Technologies, KEI Industries, Jindal Stainless, BHEL, Aarti Industries, Sobha, Quess Corp, Tata Chemicals, Wockhardt, are among the companies reporting their earnings today. Also watch for earnings…

MSCI’s Asia Pacific Index increased 0.4% as South Korea increased 2.4%. US equity index futures were fluctuating after S&P 500 and Nasdaq 100 ended at record highs on Friday.

According to analysts who track Vodafone Idea, the relief amount falls short of market expectations, which had penciled in a 50% reduction or close to that.

Brent was flat below $109 a barrel after declining 2.4% during the open. Meanwhile, West Texas Intermediate was over $102 a barrel.

Gold and silver futures edge lower in Asian trade as investors weigh West Asia tensions and shift to equities, focus turns to PMI data and US non-farm payrolls.

The defence pack could see stock-specific action on Monday, May 4, as investors react to a leadership transition at Hindustan Aeronautics and recent quarterly results from Mazagon Dock and Zen Technologies.

Oil prices have also ticked marginally lower this morning after last Friday’s drop. The July contracts of the West Texas Intermediate are trading 0.6% lower, around the mark of $95 a barrel.

From Nifty 50 names like Larsen & Toubro, Mahindra & Mahindra, Titan, Bajaj Auto, Tata Consumer, to important broader market names like BHEL, Manappuram Finance, Lupin, Petronet LNG, Urban Company, Paytm and others, these companies will be reporting their March…

As many as six companies, Deepak Builders, Afcons Infra, Emmvee Photovoltaic, Studds Accessories, Lenskart Solutions and Orkla India, will see their respective shareholder lock-ins end this week. The cumulative value of the shares that will free up for trade is…