Shares of Hester Biosciences Ltd. jumped over 14% after the company reported a sharp jump in its Q4FY26 profit, aided by strong operating performance, margin expansion and an exceptional gain from the sale of a stake in a subsidiary. Consolidated net profit for the March quarter rose to ₹15.9 crore from ₹1.2 crore in the…
Siddhartha Khemka, Head of Research, Wealth Management at Motilal Oswal Financial Services, recommends Radico Khaitan (target ₹4,000) and JSW Steel (target ₹1,520) on strong earnings. He backs Adani Ports and Adani Power on volume growth and power demand. On OMCs, he sees limited downside post the ₹3 hike with HPCL as an interesting pick, while…
Adani Stocks in Focus: Shares of Adani Enterprises, Adani Energy Solutions and other Adani Group companies are likely to remain in focus after a key development related to the settlement of the US SEC fraud case involving Gautam Adani and Sagar Adani. In a major legal development, Gautam Adani and Sagar Adani have agreed to…
Shares of Aditya Birla Capital could remain in focus after CNBC-TV18 learnt from sources that the company is likely to announce a fund raise of around ₹4,000–₹5,000 crore soon. According to sources, the proposed capital raise may be executed through a combination of a preferential issue and a Qualified Institutional Placement (QIP). Sources indicated that…
Shares of Data Patterns (India) Ltd. declined as much as 11% on Friday, May 15, reacting to their fourth quarter earnings. This is the biggest single intraday drop since June 2024. The company reported a strong performance overall during the March quarter, but its revenue missed estimates. Q4 Highlights The company’s net profit increased by…
Top stocks to BUY, SELL or HOLD Today: Oil India, JSW Steel, Tata Motors PV, LIC Housing Finance, Muthoot Finance and others (Image: AI/ET Now) Top stocks to BUY, SELL or HOLD Today, May 15: Brokerages remained active on several Indian stocks on Friday, with global and domestic firms reiterating their ratings and revising target…
LIC Housing Finance Share Price: Q4 profit rises over 10% YoY, 500% dividend announced; brokerages hike target – Should you buy? (Image: Canva/ET Now Digital) LIC Housing Finance Share Price: LIC HFL, promoted by the Life Insurance Corporation of India, is one of the largest housing finance companies in India. Incorporated in 1989, it provides…
“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,…
The stock market witnessed notable movements today as several stocks stood out with significant gains and losses. Among the top gainers, Tata Motors Passenger Vehicles Ltd, Adani Enterprises Ltd and Adani Ports & Special Economic Zone Ltd surged sharply, driven by positive sectoral trends, or favorable market sentiment. These stocks outperformed broader indices, attracting investor…
In the previous trading session, Adani Enterprises Ltd surged 8.60% to close at 2712.9, leading the gainers. Cipla Ltd advanced 8.22% to 1436.7, while Bharti Airtel Ltd rose 5.27% to 1883.5. Eternal Ltd and Dr Reddys Laboratories Ltd followed, gaining 3.36% to 245.82 and 3.03% to 1303.6, respectively. Conversely, Infosys Ltd retreated 2.50% to 1095,…
