Shares of One 97 Communications Ltd., the parent company of Paytm, are likely to remain in focus after sources told CNBC-TV18 that SAIF Partners is looking to pare its stake in the fintech firm through a block deal. According to sources, SAIF Partners plans to sell around 86 lakh shares, representing nearly 1.3% equity in…
Juniper Hotelsreported a decline in consolidated net profit for the fourth quarter of FY26, with profit falling to ₹50.4 crore from ₹55 crore in the corresponding quarter last year, impacted by exceptional items related to Bengaluru fire insurance, property tax assessment and gratuity liability adjustments. Revenue for the quarter rose 8.4% year-on-year to ₹301 crore…
The Nifty has not moved an inch for the last five sessions, even after trading in a 500-point range. It has tested the lower and the higher end of the range multiple times this week, but by the end of the session, it lands up at the same mid-point of the range that it closed…
Drug maker Aurobindo Pharma Ltd on Thursday (May 21) reported a 2% year-on-year increase in consolidated net profit to ₹921 crore for the March quarter, compared with ₹903 crore in the corresponding quarter last year. Revenue rose 5.6% year-on-year to ₹8,853.3 crore from ₹8,382.1 crore, supported by growth across businesses. EBITDA up 0.5% to ₹₹1,801…
FMCG firm Honasa Consumer Ltd on Thursday (May 21) reported a sharp rise in net profit for the March quarter, which surged 176% year-on-year to ₹69 crore, compared with ₹25 crore in the corresponding quarter last year. Annual profit after tax for FY26 stood at ₹200 crore. Revenue rose 23.1% year-on-year to ₹657 crore from…
Sensex Rejig Announcement: From a technical perspective, Shah said Hindalco has shown strong relative strength with a clear higher-high and higher-low structure on the charts, supported by improving volumes and sustained institutional buying. (Pic – AI/ChatGPT) The BSE will announce its semi-annual Sensex reshuffle today, May 22. Experts anticipate that Hindalco Industries will be replacing…
Mining major Vedanta Ltd on Thursday (May 21) said its subsidiary Talwandi Sabo Power Limited is liable to pay approximately ₹127 crore following a Supreme Court judgment delivered on May 20, 2026. The Supreme Court, in Civil Appeal Nos. 7436 and 7432 of 2025 filed by Punjab State Power Corporation Limited and Punjab State Load…
Public-sector lender Indian Overseas Bank on Thursday (May 21) said its board has approved a capital raising plan of up to ₹5,000 crore for FY27. The bank said the equity capital may be raised through follow-on public offer, rights issue, qualified institutional placement, preferential issue or a combination of these, in one or more tranches,…
Max Healthcare Institute Ltd on Thursday (May 21) reported a 3% year-on-year increase in consolidated net profit for the March quarter at ₹387 crore, compared with ₹344 crore in the corresponding quarter last year. Revenue for the quarter rose 9% year-on-year to ₹2,541 crore from ₹2,326 crore. EBITDA increased 8% year-on-year to ₹682 crore from…
Nifty Prediction Today: Market experts suggest that the underlying trend remains choppy, predicting a highly range-bound session for Friday as bulls repeatedly fail to clear critical resistance hurdles. The Indian equity markets ended nearly flat after a highly volatile trading session on Thursday, with benchmark indices recovering from steep intraday losses but eventually ending slightly…
