HG Infra Engineeringon Wednesday said it has emerged as the successful bidder for an interstate power transmission project in Jharkhand awarded by REC Power Development and Consultancy Ltd (RECPDCL). The project involves the implementation of the “WR-ER Inter Regional Network Expansion Scheme – Part C” through a tariff-based competitive bidding process, the company said in…
PG Electroplast Limited reported a sharp decline in fourth-quarter earnings as weak room air-conditioner demand and multiple supply-side disruptions weighed on operations during the quarter. The company posted a consolidated net profit of ₹64.9 crore for Q4FY26, down 55.3% from ₹145.2 crore in the year-ago period. Revenue from operations fell 10.1% year-on-year to ₹1,716.7 crore….
US stock index futures advanced on Wednesday, May 27, extending a technology-led rally that pushed the S&P 500 and Nasdaq Composite to record highs in the previous session, while oil prices declined sharply amid optimism over potential progress in US-Iran negotiations. Futures tied to the S&P 500 rose 0.3%, while Nasdaq 100 futures gained 0.8%,…
Delhi-based water treatment company Enviro Infra Engineers Ltd on Wednesday (May 27) said its step-down subsidiary Suyog Urja Ltd (SUL) has been awarded a ₹207.47-crore (excluding GST) contract for land aggregation and balance of plant (BoP) works for a hybrid renewable energy project. The contract, dated May 27, 2026, has been awarded by CGE 30…
The Dow advanced 335 points, or 0.7%, led by a more than 3% rise in shares of consumer goods giant Procter & Gamble. The S&P 500 edged up 0.1%, hovering near record levels, while the Nasdaq Composite traded largely flat. Markets found support after US crude oil prices fell around 4% to below $90 a…
HDFC Bank Share Price Falling: Following Wednesday’s decline, the private lender’s market cap has dropped to Rs 1,167,812 crore, while the stock is currently trading at Rs 759.15. (Image Credit – ChatGPT) HDFC Bank Share Price Falling: For decades, HDFC Bank, India’s largest private sector bank in terms of market capitalisation, has been the crown…
PhysicsWallah Ltd on Wednesday, May 27, reported a sharp fall in its losses in the fourth quarter of FY26, aided by strong revenue growth and improved operating leverage across its online and offline businesses. The company posted a consolidated net loss of ₹74.9 crore for Q4FY26, compared to a loss of ₹293.1 crore in year-ago…
PC Jeweller Ltd on Wednesday (May 27) reported a 61.3% year-on-year rise in consolidated net profit to ₹152.9 crore for the fourth quarter, compared with ₹94.8 crore in the same period last year. Revenue increased 32.7% year-on-year to ₹927.3 crore from ₹699 crore. Domestic revenue rose approximately 33% year-on-year, while profit before tax increased around…
Bata India reported a sharp decline in fourth-quarter profit after booking a one-time voluntary retirement scheme (VRS) expense, while revenue growth remained modest amid pressure on margins. Earlier this year, the board had approved the introduction of a VRS for eligible workers at its Bata Shatak manufacturing facility in Hosur, Tamil Nadu, as part of…
Zydus Lifesciences Ltd on Wednesday (May 27) said its Buyback Committee has approved an increase in the buyback price and a reduction in the number of equity shares to be repurchased under its ongoing buyback programme. The company said the buyback price has been increased from ₹1,150 per equity share to ₹1,260 per equity share….
