Zerodha founder and CEO Nithin Kamath has cautioned that the sharp rise in margin trading facility (MTF) exposure across brokerages could pose a significant risk to India’s stock market ecosystem in the event of a market correction. In a post on X, the Zerodha co-founder noted that MTF books are expanding rapidly despite Indian equities…
Dredging Corporation of India Ltd reported a sharp turnaround in fourth-quarter earnings, aided by strong revenue growth and improved operating performance. The company posted a net profit of ₹87 crore for the quarter ended March 31, compared with a loss of ₹25 crore in the corresponding period last year, according to an exchange filing. Revenue…
C.E. Info Systems Ltd (MapmyIndia) reported a marginal rise in consolidated net profit for the fourth quarter ended March 2026, even as revenue growth remained subdued on a year-on-year basis. The company posted a net profit after tax of ₹50.93 crore in Q4 FY26, compared with ₹49.02 crore in the corresponding quarter last year, marking…
Sensex Prediction for Wednesday, May 20: The BSE Sensex is bracing for a highly volatile and indecisive trading session on Wednesday, May 20. Sensex Prediction for Wednesday, May 20: The BSE Sensex is bracing for a highly volatile and indecisive trading session on Wednesday, May 20. This comes after the equity benchmark indices ended marginally…
Orkla India reported a 107% year-on-year rise in net profit for the fourth quarter, with profit after tax rising to ₹73 crore from ₹35.2 crore in the corresponding quarter last year. The company’s revenue from operations grew 5% year-on-year to ₹626 crore in Q4 FY26, compared with ₹596 crore in the year-ago period. EBITDA for…
Mankind Pharma reported a strong set of fourth-quarter earnings, supported by robust domestic growth, expanding chronic therapy contribution and improved operating margins. Revenue for the March quarter rose 11.8% year-on-year to ₹3,443 crore from ₹3,079.4 crore. EBITDA jumped 36.1% to ₹930 crore from ₹683 crore, while EBITDA margin expanded sharply to 27% from 22.2% a…
Borosil said on Tuesday, May 19 that it has reported a 5% year-on-year decline in net profit to ₹10.6 crore for the fourth quarter, compared with ₹11.1 crore in the corresponding period last year. The company’s revenue rose 5.2% to ₹284.1 crore from ₹270.2 crore a year ago. As per exchange fillings, Earnings Before Interest,…
Tata Consultancy Services crossed the ₹1 lakh crore net worth milestone in FY26 despite massive dividend payouts and buybacks, highlighting the financial strength and cash-generating ability of India’s largest software exporter. By Yoosef K May 19, 2026, 9:01:51 PM IST (Published) Software giant Tata Consultancy Services, known for distributing a large share of its profits…
ITC Hotels has acquired Zuri Hotels and Resorts for up to ₹175 crore, strengthening its luxury portfolio and expanding presence in premium leisure destinations. 2 Min Read ITC Hotels said on Tuesday, May 19 that it has acquired 100% shareholding in Zuri Hotels and Resorts Private Limited for a consideration of up to ₹175 crore….
Karnataka Bank reported a strong set of fourth-quarter earnings on May 19, supported by higher net interest income, improving margins and a sharp reduction in bad loans. Net profit for the March quarter rose 61.7% year-on-year to ₹408 crore from ₹252.4 crore. Profit also improved 40% sequentially from ₹290.79 crore reported in the December quarter….
