Market regulator Securities and Exchange Board of India (SEBI) has proposed key changes in the way opening prices are decided for re-listed stocks, in a move aimed at improving price discovery and reducing extreme volatility after listing. In a consultation paper issued on Thursday, SEBI said the current pre-open call auction mechanism is leading to…
Diversified conglomerate ITC Ltd on Thursday (May 21) reported a 5% year-on-year increase in consolidated net profit for the March quarter at ₹5,113 crore, compared with ₹4,875 crore in the corresponding quarter last year. The company’s net profit came in above the CNBC-TV18 poll estimate of ₹4,995 crore. Revenue from operations declined 7% year-on-year to…
Multimodal logistics operator Allcargo Terminals Ltd on Thursday (May 21) reported a consolidated net profit of ₹8.8 crore for the March quarter, compared with a loss of ₹1.8 crore in the corresponding quarter last year. Revenue from operations grew 11.9% year-on-year to ₹208 crore from ₹186 crore. EBITDA rose 31.2% to ₹44 crore from ₹33.6…
Bikaji Foods International Ltd on Thursday (May 21) reported a 26.2% year-on-year rise in net profit at ₹56.4 crore for the March quarter, compared with ₹44.7 crore in the corresponding quarter last year. Revenue rose 18% year-on-year to ₹721 crore from ₹611 crore, supported by healthy volume growth and deeper market penetration. Volume growth stood…
Market regulator Sebi on Thursday proposed changes to the price discovery mechanism through call auction sessions for IPOs and re-listed stocks to improve price discovery and reduce artificial price suppression, PTI reported. Under the proposal, Sebi has suggested revising the methodology for determining the base price of re-listed stocks. If trading revocation takes place within…
Sensex Prediction for Friday, May 22 by experts: Analysts believe the market is likely to remain range-bound on Friday, May 22, with traders closely watching key support and resistance zones for directional cues. Sensex Prediction for Friday, May 22 by experts: Following a highly volatile trading session today that saw a massive 949-point intraday swing,…
1 / 13 ITC Ltd | Diversified conglomerate reported a 5% year-on-year increase in consolidated net profit for the March quarter at ₹5,113 crore, compared with ₹4,875 crore in the corresponding quarter last year. The company’s net profit came in above the CNBC-TV18 poll estimate of ₹4,995 crore. 2 / 13 Life Insurance Corporation of…
Life Insurance Corporation of India (LIC) reported a 23% year-on-year rise in consolidated net profit for the March quarter of FY26, supported by improved operating performance and strong growth across key business metrics. Net profit increased to ₹23,467 crore from ₹19,039 crore in the corresponding quarter last year. The board also approved a dividend of…
GMM Pfaudler reported a return to profitability in the fourth quarter of FY26, aided by steady revenue growth and robust order momentum, even as margin pressure persisted amid geopolitical uncertainty and subdued global demand. The company posted a net profit of ₹17.2 crore for the March quarter, compared with a loss of ₹27 crore in…
LG Electronics India reported its highest quarterly revenue in Q4FY26, supported by broad-based demand recovery and strong momentum in premium product categories such as large-panel televisions, French-door refrigerators, fully automatic washing machines, and 5-star air conditioners. However, net profit declined 8.2% year-on-year to ₹693 crore compared with ₹755 crore in the same period last year….
