Laser Power & Infra – cable and conductor manufacturer and exporter headquartered in Kolkata – expects to deliver double-digit revenue growth in the financial year 2026-27 (FY27) as it executes its ₹3,200 crore order book, with investments in India’s power transmission network supporting business momentum, Chairman and Managing Director Deepak Goel said after the company’s…
Shares of Bharat Heavy Electricals Ltd. (BHEL) are fluctuating between gains and losses in response to the state-run company reporting results for the June quarter, during which the company returned to profitability. BHEL reported a net profit of ₹382 crore compared to a net loss of ₹454 crore during the same quarter last year. The…
South Indian Bank reported a mixed set of earnings for the June quarter, with higher profit and improved asset quality offset by a decline in net interest income, while the stock traded lower following the announcement. The lender posted a 17.3% year-on-year rise in net profit to ₹378 crore, compared with ₹322 crore a year…
A total of 48 dividend announcements (including final, interim and special dividends) are scheduled to turn ex-dividend on July 17. 3M India has announced the highest payout at Rs 506 per share (Rs 160 final dividend + Rs 346 special dividend), while Bhatia Communications & Retail (India) and Mangalam Global Enterprise have declared the lowest…
Newgen Software Technologies Ltd reported a softer set of earnings for the June quarter, with profit and margins contracting sequentially, sending its shares lower in Thursday’s trade. The company posted a 41% sequential decline in net profit to ₹63 crore, compared with ₹106 crore in the March quarter. Revenue fell 21% quarter-on-quarter to ₹357 crore…
“As a journalist, the details always tell the story” – this quote by American author and musician James McBride describes a scribe in a nut shell. Meet Shubhobrota Devroy, who carries this journalism sentiment in his heart. As an experienced business journalist, he is always on a steep learning curve in his profession. From macroeconomics,…
Semiconductor stocks in India: Companies in focus as govt clears Rs 1.28 lakh-crore Semicon 2.0 to fuel India’s chip ecosystem – List (Image source: Shutterstock/ET Now) Semiconductor stocks in India: India has marked another major milestone to solidify its presence in the global chip supply chain as the Union Cabinet has approved Semicon 2.0, the…
ARPU Trend Price/unit Q1 FY27(E) Rs 215-216/unit Q4 FY26 Rs 214 Q3 FY26 Rs 213.7 Q2 FY26 Rs 211.4 Q1 FY26 Rs 208.8 Additionally, any commentary from the company regarding the Jio IPO, whether related to its valuation or listing timeline, will be among the key things to watch. Source link
Shares of HDFC Asset Management Company (AMC) Ltd. are trading with losses on Thursday, July 16, even as brokerages were largely positive on the stock post its first quarter earnings. While brokerage firm Nomura has a “buy” rating on the stock, HSBC has a “hold” recommendation. Why Is Nomura Bullish On HDFC AMC? The brokerage…
Brokerage firm Motilal Oswal has highlighted Dixon Technologies Ltd., Cyient DLM Ltd., and Syrma SGS Ltd. as its top picks within the EMS space, after a slew of measures were announced by the government on Wednesday. Motilal Oswal has a price target of ₹16,100 on Dixon Tech, ₹560 on Cyient DLM, and ₹1,630 on Syrma…
