Shares of Rail Vikas Nigam Ltd. (RVNL) are in focus on Tuesday, May 26, after the company reported a weak set of earnings in the fourth quarter. The company’s profit after tax (PAT) plunged nearly 60% to ₹187.7 crore in the fourth quarter from the previous year’s ₹459.12 crore. It also declined 42% sequentially from…
Sensex Today | Stock Market LIVE Updates: A further fall in oil prices this morning could further boost sentiments. Of course, everything hinges on progress made by the US and Iran in their negotiations. US futures have resumed trading after Monday’s holiday on a positive note. Sensex Today | Stock Market LIVE Updates: The bulls…
Oil prices edge marginally higher but remain below $100 amid easing West Asia tensions Source link
Stocks to Watch Today, May 26: RVNL, JSW Energy, LG Electronics, Wipro, Bharat Electronics and others (Image: AI/ET Now) Stocks to Watch Today, May 26: Indian stocks are likely to remain in focus on Tuesday amid a flurry of earnings announcements and corporate developments. Investors will track companies including Amara Raja Energy & Mobility, Hitachi…
Shares of GAIL (India) Ltd. gained over 6% on Monday, May 25, as brokerage firm Jefferies raised its earnings per share (EPS) estimates for the financial years 2027 and 2028. Jefferies has a “buy” recommendation on the stock with a price target of ₹180 per share, indicating an upside of 11.9% from Friday’s closing levels….
Kalpataru Ltd. has signed a cluster redevelopment project in Kandivali East, Mumbai, with an estimated Gross Development Value (GDV) potential of around ₹ 1,250 crore. In an exchange filing on Monday, May 25, the company said that the redevelopment project comprises five adjacent societies in Ashok Nagar, Kandivali East, and spans around 2.8 acres of…
The China stock play right now is to focus on artificial intelligence-related names, regardless of the slower economic growth, several analysts said. The China stock play right now is to focus on artificial intelligence-related names, regardless of the slower economic growth, several analysts said. Continue Reading with CNBC-TV18 Access Membership Priority Access and Networking: CNBC-TV18’s…
Shares of Blue Jet Healthcare Ltd. jumped nearly 10% on Monday, May 25, despite the company’s results for the fourth quarter being lower than what it reported during the same quarter last year. The company reported a net profit of ₹64.3 crore for for the March quarter, down 41.5% from ₹110 crore in the corresponding…
Wolfe Research and CNBC Pro highlight cash rich firms like Deckers Outdoor, Airbnb and Okta, all holding high net cash and buy ratings, with analysts seeing further stock gains. There are some companies sitting on a cash hoard that have Wall Street’s stamp of approval. Continue Reading with CNBC-TV18 Access Membership Priority Access and Networking:…
Altius Telecom Infrastructure Trust, the Brookfield Asset Management-backed telecom tower InvIT, plans to soon file draft papers for a ₹6,000-crore initial public offering (IPO), two people aware of the development told Moneycontrol. India’s second-largest telecom tower operator is looking to file the draft red-herring prospectus (DRHP) by the end of the month or early June,…
