Exide Industries Ltd. reported a strong set of earnings for the June quarter, with consolidated net profit rising 28% year-on-year to ₹351.3 crore from ₹274.6 crore, driven by healthy revenue growth despite pressure on its margins. Revenue from operations increased 17.8% to ₹5,528.4 crore during the quarter, compared with ₹4,695.1 crore a year earlier. Earnings…
Shares of Vedanta’s newly demerged entities, Vedanta Power, Vedanta Oil & Gas and Vedanta Iron & Steel, fell up to 5.6% after their maiden Q1 results, while investors await earnings from Vedanta Ltd and Vedanta Aluminium. (Image: Shutterstock/ET Now) Vedanta Stocks in Focus: Shares of the newly listed Vedanta group entities, Vedanta Power, Vedanta Oil…
M&M Q1 Results FY27: Mahindra & Mahindra on Thursday announced its financial results for the quarter ended June 2026. Profit after tax rose 6.8 per cent year-on-year to Rs 3,685 crore from Rs 3,450 crore in the same period last year. The figure was higher than the ET NOW poll estimate of Rs 3,562 crore….
Shares of Gillette India Ltd. were trading 1.5% lower at ₹7,775 on Thursday, July 30, despite the FMCG company reporting double-digit revenue growth and a near 10% rise in net profit for the June quarter. The stock has declined 5% so far this year. For the first quarter of FY27, Gillette India’s net profit rose…
Shares of Hester Biosciences jumped as much as 6% on Thursday, July 30, after the animal healthcare company reported a nearly six-fold jump in first-quarter net profit, aided by an exceptional gain from the restructuring of a Gates Foundation loan, despite an 8% decline in revenue. The company reported a consolidated net profit of ₹97…
The number of analysts having a “buy” recommendation on Asian Paints has hit 50% for the first time after October 2020, when over 61% of the analysts tracking it had a “buy” recommendation on India’s largest paints company. 19 out of the 38 analysts who cover Asian Paints now have a “buy” rating on the…
Shares of Hexaware Technologies Ltd. fell as much as 8% on Thursday, July 30, after the IT services company lowered its CY26 revenue growth guidance despite reporting an in-line June-quarter performance. For the second quarter, Hexaware reported constant currency revenue growth of 4.4% sequentially and 6.1% year-on-year, while EBIT margin improved to 13.6% from 13%…
Daksh Grover is a journalist who enjoys exploring the world of business and finance, with a particular focus on markets, commodities, and corporate developments. Over the past few years, Daksh has worked in fast-paced newsroom environments where accuracy and speed go hand-in-hand. Whether it’s breaking updates, market trends, or in-depth analytical pieces, he has gained…
Shares of Redington surged as much as 17.8% on Thursday, July 30, after the technology solutions provider reported record quarterly revenue and profit for the June quarter on Wednesday. This marked the biggest stock gain since September last year. The company’s net profit jumped 76.7% year-on-year to ₹486 crore, marking ithighest-ever quarterly profit. It reported…
Larsen and Toubro Ltd. on Thursday, July 30, said L&T Energy CarbonLite Solutions has secured a limited notice to proceed for a “mega” order of 1,600 MW thermal power plant. A Limited Notice To Proceed (LNTP) is a legal document that allows a contractor to start specific early project tasks before the final main contract…
