“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,…
Suzlon Energy Ltd. shares gained on Friday, May 22, after the renewable energy solutions provider announced a new order win. The company has secured a fresh order for the supply and installation of wind turbines with a total capacity of 195 MW from Sunsure Energy. With this latest contract, Suzlon’s total sales for its advanced…
Gold prices edged lower on Friday, May 22, pressured by a strengthened US dollar and as oil prices raised interest rate hike expectations from the US Federal Reserve. Spot gold declined 0.3% to $4,527.60 per ounce. It has shed around 0.2% this week, so far. US gold futures for June delivery lost 0.3% to $4,529.10….
State-run power major NTPC Ltd is set to announce its earnings for the fourth quarter of the financial year 2025-26. Along with the quarterly results, the PSU might also declare a dividend for its shareholders. State-owned power generation giant NTPC Ltd is expected to report a steady top-line performance in the January-March quarter of FY26,…
Shares of Engineers India Ltd. declined as much as 10% on Friday, May 22, in response to a weak quarterly performance during the January-March period. This is the biggest single-day fall for the stock since February 2025. The state-run company’s net profit for the March quarter fell by nearly a third, declining by 30.2% from…
Dipan Mehta, Director of Elixir Equities sees online travel platform Yatra as a better bet than Ixigo due to reasonable valuations and strong growth in corporate travel. He expects AI-led changes to create clear winners and losers in the IT services sector over the next few quarters. In FMCG, Mehta prefers new-age consumer brands like…
Shares of LG Electronics India Ltd. are down another 4% on Friday, May 22, in response to its March quarter results that were reported after market hours on Thursday. The stock is down in three out of the last five trading sessions. For the quarter gone by, the company’s revenue was in-line with what the…
Shares of MTAR Technologies Ltd gained more than 6% on Friday, May 22, after the company received international purchase orders worth about ₹467 crore ($48.68 million) from an existing customer. In an exchange filing, the company said that the orders are scheduled to be executed in two phases, with 50% of the value to be…
Bhavesh Shah, Managing Director and Head, Investment Banking at Equirus Capital believes companies are increasingly viewing buybacks as an efficient way to return surplus cash to shareholders during a volatile market environment. He added that SEBI’s rule changes have made buybacks “more palpable from a taxation perspective and more market-friendly.” The trend comes after regulatory…
Shares of Aurobindo Pharma Ltd. declined over 5% on Friday, May 22, after the company reported its fourth quarter earnings. The stock has snapped a three-day losing streak on Friday. Its profit increased 2% to ₹920.84 crore from ₹902.83 crore last year. It was in-line with a CNBC-TV18 poll of ₹920.84 crore. Revenue of ₹8,853.34…
