Ceigall India reported a strong performance for the fourth quarter of FY26, driven by healthy execution across its EPC business, strong order inflows and improved operational efficiencies. The company posted a consolidated net profit of ₹126.6 crore for the quarter ended March, up 71% from ₹74 crore in the corresponding period last year. Revenue from…
Shares of Bharat Heavy Electricals Ltd. are up another 5.5% on Thursday, May 7, and have now gained in four out of the last five trading sessions enroute to a record high. Of the last 21 trading sessions, the stock has gained in 18. The stock ended 2020 at ₹35.9. It has risen more than…
Harshal Barot, Senior Consultant – South Asia & Middle East at Metals Focus, said strong gold imports seen earlier this year helped jewellers and traders meet demand during April despite the lowest imports in decades in the month. However, with two straight months of weak inflows, pressure is now beginning to show in the domestic…
India’s gold market is facing a perfect storm — a tax shock, licence delays and a policy puzzle that is keeping bullion off shelves even as global prices hit record highs. By CNBCTV18May 7, 2026, 3:32:15 PM IST (Updated) 0 Min Read Continue Reading First Published: May 7, 2026 11:25 AM IST Source link
The stocks have fallen a lot and yet aren’t cheap. Here’s why. At a time when stocks in Taiwan and Korea have surged at least 45%, India’s Sensex is down over 11% (at close on May 6) since the start of the year. The sell-off has contributed significantly to the 12% fall in the rupee’s…
Upcoming IPOs this week: The Indian stock market will be active this week, but the action is mostly limited to smaller businesses. While large, well-known companies are staying quiet for now, two smaller companies are stepping up to raise money. Of these two issues, the larger one is RFBL Flexi Pack, which aims to raise…
Shares of Karur Vysya Bank Ltd. gained up to 3% on Thursday, May 7, after the private sector lender reported its March quarter result which were better on a year-on-year basis. The lender’s net profit increased by 41.2% from the same quarter last year to ₹725 crore. Profitability was also aided by a 21% growth…
The equity benchmark indices closed mixed on Thursday (May 7) after a volatile trading session, with the Nifty ending below the 24,350 mark even as midcap stocks outperformed and market breadth remained positive. The Sensex fell 114 points to close at 77,845, while the Nifty slipped 4 points to settle at 24,327. The Nifty Bank…
Asian shares declined from record highs and crude oil prices increased as escalating tensions in West Asia revived concerns regarding energy supplies. The MSCI Asia Pacific index declined 0.9% during open, after clashes between the US and Iran. US stock-index futures erased their losses from the open and traded flat. Brent crude jumped 2.3% to…
Q4 Results Next Week: India Inc is stepping into a hectic week ahead as the Q4 earnings season gains momentum, but with a mixed note. Close to 500 companies are scheduled to announce their Q4FY26 financial results between May 11 and 16. Corporate performance across key sectors are being closely monitored by investors and analysts….
