1 / 12 Hyundai Motor India | Underperformed the industry on the volumes front. Net profit down 22% from last year to ₹1,256 crore. Revenue up 5% to ₹18,916 crore. EBITDA down 22% from last year to ₹1,966 crore. EBITDA margin down to 10.4% from 14.1%. Volumes up 9% year-on-year and 7% sequentially. 2 /…
The benchmark Nifty 50 index opened with a gap-down on Friday and traded within a narrow range of 24,254 to 24,127 through the session before settling at 24,176, down 0.62%. Markets remained under pressure for the second straight session, although the index managed to hold above its 21-day moving average support near the 24,140 mark…
Shares of Firstsource Solutions Ltd. were trading around 5% higher at ₹229.32 on Wednesday, May 6, after the company reported its March quarter earnings, even as it fell short of its full-year FY26 revenue guidance. For FY26, the company posted constant currency revenue growth of 13.6%, below its revised guidance range of 14.5-15.5%, which had…
Even as global regulators look at easing disclosure rules, companies are unlikely to move away from quarterly earnings, as investors prefer frequent updates. The debate has gained traction after the United States Securities and Exchange Commission proposed allowing companies to move from quarterly to half-yearly reporting. While the idea is to reduce compliance burden and…
Shares of Garware Hi-Tech Films surged over 15% after it reported a 39% rise in its net profit to ₹108.2 crore for the March quarter, from ₹78 crore that it reported in the fourth quarter of last year. Revenue grew by 9% to ₹596.7 crore from ₹548 crore a year ago. EBITDA rose 29.5% to…
A major structural transformation is underway in India’s investment landscape. Originally designed to conserve intergenerational wealth, family offices are now evolving into institutional-grade investment vehicles, reshaping how capital is distributed across private and public markets. Today, there are nearly 300+ multi-family and single-family offices collectively managing an estimated $30-$35 billion in assets. This growth has…
Varun Lohchab, Head – Institutional Research at HDFC Securities, said the brokerage is turning more constructive on markets as risk-reward improves across sectors after sustained FII selling. He remains positive on financials and select chemical stocks like SRF, Neogen Chemicals and Aether Industries, while turning cautious on automobiles due to margin pressure from rising metal…
South Indian Bank Ltd. reported a steady set of March quarter results, with net profit rising 19.1% YoY to ₹407.5 crore from ₹342.2 crore. Net interest income (NII) grew 5.4% YoY to ₹915.3 crore, compared to ₹868.3 crore in the year-ago period. Advances growth picked up pace to 15.7% YoY, marking the strongest expansion in…
Polycab (India) Ltd. delivered a strong beat across key metrics during the March quarter on Wednesday, May 6, with revenue, EBITDA, and net profit all coming in ahead of Street estimates. Revenue for the quarter came in at ₹8,864.4 crores, up 27% year-on-year from ₹6,986 crores and comfortably ahead of the CNBC-TV18 poll estimate of…
Equity markets across the globe have surged while crude prices have tumbled after a report from Axios triggered yet another sharp reaction across asset classes. The report from Axios cites sources and states that the White House believes that it is getting closer to an agreement with Iran on a one-page Memorandum of Understanding to…
