Novelis Inc., the wholly owned subsidiary of Hindalco Industries Ltd, reported a net loss of $84 million for the March quarter on May 19, compared with a profit of $294 million a year earlier, after fire incidents at its Oswego plant in the United States disrupted operations and hit profitability. The aluminium rolling and recycling…
J Kumar Infraprojects on Tuesday, May 19, reported a 4% year-on-year decline in net profit for the fourth quarter ended March 31, 2026, at ₹110 crore versus ₹114 crore in Q4FY25. Revenue from operations fell 2.9% to ₹1,585.4 crore from ₹1,632.7 crore a year ago while earnings before interest, taxes, depreciation, and amortisation (EBITDA) slipped…
JSW Energy has entered into a definitive agreement with Toshiba Corporation to increase its stake in Toshiba JSW Power Systems Pvt Ltd (TJPS) to 20.7% from 4.6% on a non-diluted basis through a secondary share purchase worth ₹150 crore. The company informed exchanges that the transaction involves the acquisition of additional equity shares from Toshiba…
If the inclusion goes through, Axis Capital estimates BSE could attract inflows of nearly $657 million, with index funds expected to purchase around 15.7 million shares. In contrast, Wipro may witness outflows of about $225 million, implying potential selling of nearly 114.2 million shares by index funds. Source link
Stocks such as Pidilite Industries, Eicher Motors, Bharti Airtel, and Larsen & Toubro feature among the top analyst picks, reflecting confidence in their business outlook, execution capabilities, and sectoral tailwinds. Analyst recommendations are based on expected returns from current market prices to target prices over the coming year. Source link
Shares of state-owned The New India Assurance Company Limited rose 1.22% on May 19 to close at ₹164.57 after the company informed exchanges that the Income Tax Department had issued a refund for the assessment year FY20. However, the stock slipped from its intraday high of ₹169.01 following the announcement. The insurer disclosed on Tuesday…
Stock Market Today, May 19: The Indian stock markets witnessed a sharp volatility on Tuesday, May 19, with benchmark indices – Sensex and Nifty erasing all morning gains to end in the red territory as the Indian rupee tumbled to a fresh lifetime low against the US dollar. Sensex fell 114.19 points or 0.15 per…
The Board of BEL, a Navratna PSU under the Ministry of Defence, today announced a dividend of Rs 0.55 per share. What was BEL’s revenue in FY 2022-23? What was the EPS for BEL in FY 2022-23? How did BEL’s share price perform recently? “Recommended a final dividend of Rs 0.55/- per equity share of…
Get real-time updates on the top gainers and losers across NSE Nifty. Track rising stocks, declining trends, price movements, and sector-wise performance. Stay ahead in the market with key insights from ET Now. Here is the list of stocks that are the Top gainers and Losers stocks during the trading session today – Top-performing stocks…
IGL, Paytm, Power Grid, KEC International, NHPC, Bajaj Finance are the top stocks to BUY, SELL or HOLD on May 19. (Image: AI/ET Now) Top stocks to BUY, SELL or HOLD Today, May 19: Brokerages remained active across several Indian stocks on Tuesday, with firms including Morgan Stanley, Goldman Sachs, Citi and Motilal Oswal Financial…
