Shares of Craftsman Automation Ltd. surged as much as 10% on Thursday, May 7, in response to its March quarter results that were better than the same quarter last year. The stock now trades at a 52-week high. The Quarter Gone By Revenue for the quarter increased by 27.3% from last year to ₹2,226 crore,…
Indoco Remedies reported a sharp improvement in its March quarter earnings on May 7, with losses narrowing significantly and operating performance returning to positive territory, aided by strong growth in its international formulations business. The pharmaceutical company posted a net loss of ₹22 crore for the fourth quarter, compared with a loss of ₹40 crore…
The Bombay High Court refused to pass an interim order on a writ petition asking the Court to grant an interim injunction preventing the upcoming May 8 board meetings of two trusts, the Sir Dorabji Tata Trust and the Sir Ratan Tata Trust. The high court declined to hold an urgent hearing for the matter….
Vijay Kedia’s portfolio: Ace investor Vijay Kedia, often called the ‘Warren Buffett of India,’ has added two multibagger stocks to his portfolio in the March 2026 quarter. These companies — SPML Infra and Websol Energy — have generated more than 2,000% returns in the last five years, making them major wealth creators for investors. Vijay…
Shares of state-run Coal India Ltd. fell as much as 3% on Thursday, May 7, after CNBC-TV18 reported that a potential stake sale could be in the offing for India’s largest mining company. Sources with knowledge of the matter have told CNBC-TV18 that an Offer for Sale (OFS) is expected soon in Coal India, where…
Shares of HFCL Ltd. gained another 3% on Thursday, May 7, extending their sharp rally over the past month. The stock has nearly doubled in the last one month and is currently on its fifth consecutive session of gains. HFCL has advanced 37% over the last five trading sessions and has closed higher in 17…
Shares of Gateway Distriparks climbed nearly 3% in intraday trade on Thursday after the company reported a return to profitability in the fourth quarter, supported by improved operating margins. The stock rose to an intraday high of ₹62.30 on the NSE following the earnings announcement. For the quarter ended March, the company posted a consolidated…
Shares of Coromandel International Ltd. declined over 3% on Thursday, after the company reported its fourth quarter results. The company’s net profit declined 76% to ₹140 crore from ₹580 crore in the fourth quarter of the previous fiscal. It reported an exceptional loss of ₹70.6 crore this quarter, compared to an exceptional gain of ₹347…
Stocks to pick: Amid the Gulf conflict, several statements and counter-statements may emerge this weekend; however, as an investor, it would be best to focus on the impact this has on crude oil prices. What investor to keep in mind? Read Full Article Don’t rush into making trades or “averaging out” your investments. If you’re…
Wonderla Holidays reported a healthy set of Q4 results on May 7, with profit and revenue rising sharply year-on-year on the back of improved footfalls and better operating performance. For the quarter ended March, the company posted a net profit of ₹16.4 crore, marking a 49% increase from ₹11 crore reported in the corresponding period…
