Man Industries (India) Limited reported a 25.4% decline in consolidated net profit for the fourth quarter, with profit falling to ₹50.9 crore from ₹68.2 crore in the corresponding period last year. Revenue from operations declined 5% year-on-year to ₹1,157.3 crore in the January-March quarter, compared with ₹1,218.5 crore in the year-ago period. Despite the decline…
Union Finance Minister Nirmala Sitharaman on Monday said the government is willing to listen to concerns raised by stock market investors regarding the tax system, including issues related to Long-Term Capital Gains (LTCG) and Short-Term Capital Gains (STCG) taxation. Speaking to the media on the sidelines of the TEXPROCIL Export Awards event on Monday, the…
According to market experts, sectors such as banking, capital goods, infrastructure, defence, railways, power, automobiles and consumption-focused businesses could attract fresh investor interest if confidence returns to Dalal Street. Alongside this, several beaten-down counters are also witnessing renewed traction after sharp corrections made valuations more appealing. Source link
Container Corporation of India Ltd (CONCOR) on Monday (May 25) reported a 12.4% year-on-year drop in consolidated net profit for the fourth quarter of FY26 to ₹262.7 crore, compared with ₹299.8 crore in the same period last year. Revenue fell 1.1% year-on-year to ₹2,263.3 crore from ₹2,287.8 crore a year earlier. EBITDA declined 3% to…
Realty firm Brigade Enterprises Ltd on Monday (May 25) said it has signed a joint development agreement for a premium residential project in Kompally, Hyderabad, with an estimated revenue potential of ₹850 crore. The project will be developed across 5.6 acres in the high-growth corridor of North Hyderabad and is aimed at meeting demand for…
Lemon Tree Hotels Limited has signed a licence agreement for a new hotel property in Kumbakonam, Tamil Nadu, as the hospitality chain continues to expand its presence in South India. The property, to be branded as Lemon Tree Hotel, Kumbakonam, will be managed by Carnation Hotels Private Limited, a wholly-owned subsidiary of Lemon Tree Hotels….
JSW Energy Ltd on Monday (May 25) said its Finance Committee has approved the closure of its qualified institutions placement issue, following receipt of application forms and funds from eligible qualified institutional buyers. The committee approved the allocation of 7.62 crore equity shares at an issue price of ₹525 per share, including a premium of…
1 / 12 Bharat Electronics Ltd | State-run defence electronics company, BEL, on Monday (May 25), said it has secured additional orders worth ₹608 crore since its last disclosure on May 5, 2026. 2 / 12 Rail Vikas Nigam Ltd | Navratna PSU under the Railway Ministry, Rail Vikas Nigam Ltd (RVNL), on Monday, May…
“Recommended a final Dividend of Rs. 8/- (Rupees Eight only) per equity share (i.e., 400%) of face value of Rs. 2/- each, which is subject to approval of the Shareholders at the ensuing Seventh Annual General Meeting (“AGM”) of the Company. The dividend, if declared at the Seventh AGM, will be paid/ dispatched after August…
Promoter group entities of Premier Energies Ltd on Monday (May 25) sold 2.4 crore shares, representing 5.3% equity, in a block deal valued at ₹2,291 crore. The shares were sold at an average price of ₹955 per share. Among the buyers, Quant Mutual Fund purchased 40.84 lakh shares worth ₹390 crore, while Nomura India acquired…
