Shares of UPL Ltd. surged as much as 5% on Monday, May 11, in response to its March quarter results, which were stronger compared to street expectations on the revenue and the operating profitability front. The company also surpassed its projections for financial year 2026 and disclosed its outlook for the ongoing quarter and not…
Shyam Metalics and Energy reported a strong set of fourth-quarter earnings on May 11, with profit and operating performance rising sharply on the back of healthy revenue growth and improved margins. The metal producer posted a consolidated net profit of ₹319 crore for the quarter ended March, up 45.8% from ₹218.8 crore in the year-ago…
Shares of PVR INOX Ltd. were trading nearly 3% lower on Monday, May 11, after the multiplex operator reported its March quarter results. The company posted a consolidated net profit of ₹186.7 crore for Q4FY26, compared to a loss of ₹125 crore during the same period last year. Profit from continuing operations stood at ₹15…
Sensex Prediction for Tuesday, May 12: The 30-share BSE Sensex tanked 1,312.91 points, or 1.70 per cent, to settle at 76,015.28. During the day, it tumbled 1,370.79 points or 1.77 per cent to 75,957.40. Sensex Prediction for Tuesday, May 12 by experts: After a brutal 1,313-point crash on Monday, investors on Dalal Street are gearing…
Shares of PhysicsWallah gained as much as 7% on Monday, May 11, after brokerage firm HSBC initiated coverage on the stock with a ‘Buy’ rating and a price target of ₹135 per share, implying a potential upside of 28% from current levels. The brokerage said PhysicsWallah, which started as a YouTube channel in 2016, has…
The equity benchmark indices closed sharply lower on Monday (May 11) with the Sensex falling more than 1,300 points and the Nifty slipping below the 23,850 mark amid broad-based selling across sectors. The Sensex declined 1,313 points to close at 76,015, while the Nifty fell 360 points to settle at 23,816. The selloff erased nearly…
Satin Creditcare Network reported a sharp rise in fourth-quarter profit on Monday, May 11, supported by steady loan growth and stable asset quality despite a challenging operating environment. The company’s net profit for Q4 FY26 stood at ₹137 crore compared with ₹41 crore in the year-ago period, while net interest income (NII) rose 6.2% year-on-year…
Indian equity benchmarks witnessed sharp selling pressure on Monday, with the Nifty50 plunging 360 points to close at 23,816, amid rising geopolitical concerns linked to the ongoing West Asia crisis. Over the weekend, Prime Minister Narendra Modi stressed the need for self-reliance measures to cushion the potential economic impact arising from the conflict, which weighed…
HFCL has secured export orders worth nearly $19.32 million (around ₹183.95 crore) for the supply of optical fibre cables from international customers. The company said the contracts, received in the normal course of business, involve the supply of optical fibre cables as per customer specifications and are scheduled to be executed by August 2026. The…
Paradeep Phosphates reported a mixed set of fourth-quarter earnings for FY26 on May 11, with higher revenue and operating profit offset by a decline in net profit. Revenue for the March quarter rose 12% year-on-year to ₹4,702 crore from ₹4,194 crore, while EBITDA increased 15.4% to ₹442.4 crore compared with ₹383.4 crore in the corresponding…
