SEBI grants one-time extension for IPO approvals amid weak market conditions

Cotec Healthcare, Deepa Jewellers receive SEBI’s nod to float IPOs

Cotec Healthcare and Deepa Jewellers have secured SEBI’s approval to raise funds through initial public offerings (IPOs), an update with the markets regulator showed on Friday. Pharmaceutical company Cotec Healthcare filed its preliminary papers in September 2025, while hallmarked gold jewellery supplier Deepa Jewellers filed its draft papers in December. The two companies obtained SEBI’s…

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Infosys near-term outlook weak, downside limited; MOFSL's Khemka positive on Fortis, renewables

Century Ply Q4 profit jumps 49% as revenue hits record high on strong plywood and laminates demand

Century Plyboards (India) Ltd reported a strong performance for the March quarter, with consolidated net profit rising 48.8% year-on-year, driven by robust growth in its plywood and laminates businesses. The company posted a consolidated net profit of ₹78.1 crore for the fourth quarter of FY26, compared with ₹52.5 crore in the corresponding period last year….

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SEBI cracks down on alleged social media stock tip racket; interim order issued - DETAILS - Markets

SEBI cracks down on alleged social media stock tip racket; interim order issued – DETAILS – Markets

The Securities and Exchange Board of India (SEBI) has issued an interim order in a case linked to stock recommendations allegedly circulated through social media platforms such as X, WhatsApp and Telegram. According to the market regulator, certain accounts on X were allegedly being used to influence retail investors toward small and medium enterprise (SME)…

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NTPC Green Energy Q4 profit slips, but revenue rises 47%; board clears fundraise

NTPC Green Energy Q4 profit slips, but revenue rises 47%; board clears fundraise

NTPC Green Energy Ltd reported strong operational growth for the March quarter of FY26, with revenue and EBITDA rising sharply on the back of renewable energy expansion, although net profit declined year-on-year. The state-run renewable energy company posted a net profit of ₹197.1 crore for Q4FY26, down 15.6% from ₹233.3 crore in the corresponding quarter…

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Stocks To Buy: Motilal Oswal 'bull case' projects 36% upside for this hospital chain

Fortis Healthcare Q4 profit up 45% on lower exceptional losses, higher revenue

Fortis Healthcare Limited on Friday, May 22, reported a 44.6% rise in consolidated net profit for the fourth quarter ended March 31, 2026, at ₹265.9 crore, supported by lower exceptional losses. Net profit stood at ₹183.9 crore in Q4FY25. Q4 revenue from operations rose 17.8% year-on-year to ₹2,364.7 crore from ₹2,007.2 crore, while EBITDA increased…

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Gujarat Themis Biosyn to acquire Japan’s MicroBiopharm for ₹1,300 crore

Gujarat Themis Biosyn to acquire Japan’s MicroBiopharm for ₹1,300 crore

Gujarat Themis Biosyn Ltd (GTBL) on Friday (May 22) said it has entered into a definitive agreement to acquire 100% equity shareholding of Japan-based MicroBiopharm Japan Co, Ltd (MBJ) through Themis Biosyn Japan Ltd, its wholly-owned subsidiary incorporated in Japan. The acquisition, subject to regulatory approvals and customary closing formalities, will be completed for a…

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Indigo Paints Q4 net profit rises on higher revenue growth; declares ₹5 dividend

Indigo Paints Q4 net profit rises on higher revenue growth; declares ₹5 dividend

Paints manufacturer Indigo Paints Ltd on Friday (May 22) reported a 1.4% year-on-year rise in net profit to ₹57.7 crore for the fourth quarter, compared with ₹56.9 crore in the corresponding period last year. Revenue from operations increased 9.7% to ₹425.3 crore from ₹387.6 crore year-on-year. EBITDA rose 9.3% to ₹95.6 crore against ₹87.4 crore…

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Orient Cement Q4 net profit rises 32% despite revenue decline; declares dividend

Ramco Cements Q4 profit beats Street, jumps 5x on exceptional items; declares ₹2.50 dividend

Ramco Cements Ltd on Friday (May 22) reported a consolidated net profit of ₹146.39 crore in the fourth quarter, much higher than the CNBC-TV18 poll estimate of ₹92 crore. Revenue stood at ₹2,606 crore versus ₹2,599 crore estimated in the poll. EBITDA came in lower than expected at ₹372.8 crore versus the poll’s ₹409-crore estimate,…

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