Info Edge Share Price Target 2026: Brokerage firm Nuvama has delivered a bullish outlook on Naukri operator Info Edge’s stock after its Q4 FY26 results, citing moderate billings growth. The internet firm has posted an 11.48 per cent growth in consolidated net profit to Rs 756 crore in the March quarter, driven by recruitment solutions….
India’s cement companies may finally have to increase prices after facing nearly ₹300 per tonne of cost inflation over the last few months, according to Rajesh Ravi, Institutional Research Analyst at HDFC Securities. Ravi said cement makers have so far avoided major price hikes even as input and logistics costs continue to rise sharply. “Cement…
Aditya Bhave, Head of US Economist at BofA Global Research, says the US central bank is confronting a macro environment unlike anything it has faced before: energy shocks, immigration-driven labour constraints, unresolved tariffs, fiscal stimulus, and an AI investment boom — all landing at once. The policy dilemma is stark. “The Fed still doesn’t know,…
Shares of Honasa Consumer Ltd. surged almost 12% on Friday, May 22, after the FMCG company reported its highest-ever quarterly Earnings Before Interest, Tax, Depreciation, and Amortisation (EBITDA) and profit since listing, while also announcing its maiden dividend of ₹3 per share for FY26. This is the biggest single-day gain for the stock in the…
The price forecast for copper is mostly on the higher side. The first quarter of this year saw an all-time high of around $14,800 a tonne and the markets see the rates reaching this level again. 2 Min Read 1 / 7 Copper prices continue to gain. Even as most other commodities are closing this…
Investors who look past the near-term market turbulence will find a meaningful earnings inflection point by the financial year 2027-28 (FY28) and 2028-29 (FY29), according to Rana Gupta, Senior Portfolio Manager and India Equity Specialist at life Investment Management. India is currently paying an additional $60–70 billion for food and fertiliser imports as a result…
National Commodity and Derivatives Exchange (NCDEX) plans to expand its newly launched weather derivatives business beyond Mumbai rainfall contracts, with products linked to eastern monsoons and temperature variations already under development, according to Managing Director & CEO Arun Raste. Raste believes climate-linked financial products could become increasingly important as businesses grapple with unpredictable rainfall, heatwaves…
Managing nearly $1.21 billion in assets as of April 30, ASK Investment Managers is turning positive on large-cap IT despite worries around AI disruption, says CIO & CEO-Equity George Joseph. He believes fears over AI replacing Indian IT firms are exaggerated, as these companies will continue to play a critical role in system integration and…
Rail Vikas Nigam Ltd. (RVNL) secured two railway infrastructure orders worth nearly ₹1,002 crore from NMDC Ltd. and West Central Railway on Friday, May 22. In an exchange filing, the company said it received a Letter of Acceptance from NMDC for a ₹758.07 crore contract related to the development of a railway siding near Padapur…
Shares of TTK Prestige Ltd. gained as much as 4% on Friday, May 22, in response to its March quarter results, that were better on a year-on-year basis across parameters. TTK Prestige reported a net profit of ₹37 crore, compared to a net loss of ₹40.7 crore during the same quarter last year. During the…
