Rail Vikas Nigam Limited said on Tuesday, May 12 that it has emerged as the lowest bidder (L1) for an EPC contract worth ₹221.3 crore from South East Central Railway for signalling and telecommunication upgrade works in the Bilaspur division. The project includes replacement of panel interlocking with electronic interlocking systems, installation of indoor and…
SBI share price: SBI has announced a final dividend of Rs 17.35 per share for the financial year 2026. SBI Share Price, Multibagger Stock: State Bank of India, India’s largest lender, has reported a profit of 6 per cent year-on-year (YoY) increase to in its standalone profit to Rs 19,684 crore for the January-March quarter…
Texmaco Rail & Engineering reported a mixed set of fourth-quarter earnings for FY26 on May 12, with higher profitability and margin expansion offset by a decline in revenue during the period. The company posted a net profit of ₹57.7 crore for the quarter, up 45.1% from ₹39.8 crore in the year-ago period. EBITDA rose 9%…
The company’s EBITDA rose 80.9% to ₹61.7 crore in the quarter, while the EBITDA margin expanded to 20.2% from 18.6% a year earlier. Shares of MTAR Technologies Ltd ended at ₹6,250.55, down by ₹256.10, or 3.94%, on the BSE today, May 12. 1 Min Read Precision engineering company MTAR Technologies Ltd on Tuesday (May 12)…
Beer maker United Breweries Ltd (UBL) on Tuesday (May 12) said it received a favourable order from the Maharashtra Sales Tax Tribunal, Mumbai, which reduced a tax demand related to FY19 to nil. The company said the order was passed by Bench-III of the Maharashtra Sales Tax Tribunal and was received on May 11, 2026….
Revenue fell to Rs 7,516 crore in Q4 FY26 from Rs 8,506 crore in Q4 FY25, registering a YoY decline of 11.6 per cent. Profit dropped sharply to Rs 220.5 crore from Rs 1,587 crore, a steep YoY decline of 86.1 per cent. EBITDA decreased to Rs 980 crore from Rs 2,475 crore, down 60.4%…
Board of Tata Power today recommended a final dividend of Rs 2.50 per share for the financial year ended March 31, 2026. “The Board has recommended a final dividend of ₹ 2.50 per Equity Share of ₹ 1 each (@ 250%) to the Members for the financial year ended March 31, 2026,” the Tata Group…
Neuland Laboratories Limited reported a sharp acceleration in quarterly performance on Tuesday, May 12, with consolidated net profit surging more than sevenfold to ₹213 crore from ₹28 crore a year earlier, as a surge in export orders, particularly from the US and Europe, drove revenue to more than double and operating margins to nearly triple…
These heavyweight stocks saw massive selling from DIIs. (Image: iStock/ ET Now Digital) Domestic institutional investors (DIIs) may have remained consistent net buyers in the equity markets through FY26, but a closer look at portfolio activity suggests a more cautious undertone beneath the surface. Even as liquidity from mutual funds and insurance players continued to…
Namit Singh Sengar is a Chief Copy Editor with over seven years of experience in delivering content across diverse domains. Specialising in business news across personal finance, real estate, IPOs and markets, Namit brings an editorial eye and a deep understanding of complex subjects to his work. His educational foundation includes Post Graduate Diploma in…
