Rail Vikas Nigam Ltd. has emerged as the lowest bidder (L1) for a project from North Eastern Railway worth ₹129.46 crore, the company announced on Wednesday, May 20. In an exchange filing, RVNL said the order involves the design, supply, erection, testing and commissioning of traction substations along with associated switching posts for a 2×25…
Shares of Parle Industries surged sharply and hit upper circuit after a viral video featuring Prime Minister Narendra Modi and Italian Prime Minister Giorgia Meloni triggered a social media frenzy around Melody toffees. The rally came despite Parle Industries having no connection with Melody candies or Parle Products, the privately held maker of brands such…
With near-term growth projections relatively high and prices rising, a “running hot” economic outlook is making cyclical value stocks look more attractive. Rising inflation has led investors toward taking a look at an area of the stock market that’s been a relative underperformer in recent years: value. Continue Reading with CNBC-TV18 Access Membership Priority Access…
Q4 Results Next Week: Several listed companies are scheduled to announce their financial results for the January-March quarter of FY26 next week. The earnings lineup includes firms from sectors such as energy, auto, railways, pharmaceuticals, engineering, paints and financial services. Major companies set to release their Q4 numbers include Suzlon Energy, Oil and Natural Gas…
1 / 12 Hindalco Industries Ltd | The Aditya Birla Group metals flagship reported a sharp rise in standalone fourth-quarter earnings, with net profit surging 88% year-on-year to ₹2,934 crore from ₹1,561 crore in the corresponding period last year. 2 / 12 Torrent Pharma | Revenue growth of 41.8% was below street expectations of 46%…
While the market has posted solid double-digit returns in the past three years, investors shouldn’t get their hopes up that the trend will continue. While the market has posted solid double-digit returns over the past three years, investors shouldn’t get their hopes up that the trend will continue, if history is any guide. Continue Reading…
This has happened before. It has fizzled out too. But the Nifty bulls will be hoping that the West Asia negotiations are “x”th time lucky, and that a concrete and substantial deal is finally in place so that more clarity emerges on the road ahead. However, the uncertainties remain with both sides yet to put…
Aditya Birla Group company Grasim Industries Ltd. reported its March quarter results on Wednesday, May 20, which were better than expectations across most parameters. The stock though, gained after the paints business reported market share gains from the previous quarter. Grasim’s Paints Business In its earnings release, Grasim’s paints business “Birla Opus” reported revenue growth…
NTPC Share Price Target 2026: Brokerage firm Nuvama has largely maintained a constructive stance on power major NTPC’s stock following its Q4 FY26 results, citing new frontiers to improve efficiency and lower costs. NTPC reported its Q4 FY26 earnings on Saturday, showing a strong rise in profitability even as revenue remained largely stable. The state-owned…
Shares of IOL Chemicals and Pharmaceuticals Ltd. gained nearly 6% on Wednesday, May 20, after the company reported its fourth quarter earnings. The company reported a healthy set of results across all parameters in the March quarter. Its net profit came in at ₹53.2 crore, up 69.2% from the previous year’s ₹31.4 crore. Its revenue…
