Onesource Specialty Pharma Ltd. on Saturday, May 16, said it has received government approval for the Unit II expansion project in Bengaluru under its industrial policy. The company said the approval was granted pursuant to the company’s proposal for investment in the expansion of its Unit II facility at Obadenahalli in Bengaluru rural district. It…
Allcargo Terminals reported total volumes of 59,200 twenty-foot equivalent units (TEUs) for April 2026, marking a 7% increase compared with the same month last year and a 1% rise over March 2026. Total volumes for the month stood at 59.2 thousand TEUs, reflecting continued growth in container handling volumes on both a year-on-year and sequential…
Rolex Rings Ltd. reported its fourth quarter earnings on Saturday, May 16. While the company reported a net loss this quarter, its revenue, EBITDA increased and margins remained unchanged. The company reported a net loss of ₹0.15 crore compared to a profit of ₹54.64 crore in the fourth quarter last fiscal. The Q4 loss of…
The Indian rupee opened weaker on Friday (May 15), slipping 11 paise to 95.87 against the US dollar compared with Thursday’s (May 14’s) close of 95.76/$, amid sustained pressure from elevated crude oil prices, rising US Treasury yields and persistent foreign fund outflows. The domestic currency has now fallen for three consecutive sessions and is…
Shares of Muthoot Finance Ltd. are trading up to 6% lower on Friday, May 15, following its March quarter earnings, even after multiple brokerages maintained bullish views on the gold financier. Brokerage firm Bernstein maintained an ‘Outperform’ rating on the stock with a price target of ₹4,500. The brokerage said Muthoot Finance delivered a healthy…
Dividend Stock 2026: The board of directors of Godfrey Phillips India has recommended a final dividend of Rs 33 per equity share of Rs 2 each for 2025-26, the company informed the stock exchanges. A multibagger BSE 500 stock, along with its earnings for the fourth quarter ended March 31, 2026, has announced a 1650…
Shares of Tata Motors PV Ltd. gained 8% on Friday, May 15, after the company reported its fourth quarter earnings after market hours on Thursday, which were a mixed bag. The India business of the PV division reported a better-than-expected fourth quarter. Meanwhile, JLR was a mixed set, with lower volumes impacting its revenue. India…
Shares of state-run oil marketing companies (OMCs) such as Hindustan Petroleum Corporation (HPCL), Bharat Petroleum Corporation (BPCL) and Indian Oil Corporation (IOCL) are trading up to 3% lower on Friday, May 15, after petrol and diesel prices were increased for the first time in four years. In Delhi, petrol and diesel prices were hiked by…
Ford Motor Co. shares jumped after the automaker expanded into energy storage, a move investors linked to growing demand from artificial intelligence infrastructure projects. The stock climbed about 21% in two days, marking its biggest rally in six years. Shares rose 6.7% on Thursday and closed at their highest level since July 2024. The gain…
Shares of Sai Life Sciences, PN Gadgil Jewellers, Data Patterns, Muthoot Finance and HUDCO are five names that are witnessing the biggest declines of up to 14% on Friday, May 15, in response to their fourth quarter results that were reported after market hours on Thursday. All of these stocks are among the biggest losers…
