British coffee chain brand Costa Coffee’s store count in India shrank to 198 outlets in FY26 from 220 a year ago, marking a first decline in over five years in a key market for the company, according to the latest annual report of its exclusive franchise partner Devyani International(DIL). Costa Coffee is owned by global…
Morgan Stanley says companies like Alibaba have more room to run ahead of their next quarterly reports. Other stocks rated overweight at Morgan Stanley and screened by CNBC Pro include: Grab, Natera, Cadence Design Systems and Apple. There’s still a host of stocks with plenty of upside heading into earnings, according to Morgan Stanley. Continue…
Vedanta group firm Hindustan Zinc (HZL) plans to spend $500-600 million, or about ₹5,000 crore, on capital expenditure in the current financial year, with the bulk of the investment earmarked for ongoing projects, PTI reported, citing the company’s Chief Executive Officer Arun Misra. According to the PTI report, around 80% of the planned capex will…
Britannia Industries has declared a final dividend of Rs 90.50 per share for FY26. (AI Generated Image) Dividend Stock Alert: Bakery food company Britannia Industries has announced a final dividend of Rs 90.50 per equity share for the financial year ended March 31, 2026. The dividend will be paid within the statutory timelines after deduction…
Pharmaceutical stocks remain one of the top investment bets despite concerns over potential US tariffs, according to N Jayakumar, Group CEO and Managing Director of Prime Securities. He said the sector’s export-driven nature, relatively low correlation with domestic economic cycles and long-term growth prospects make it an attractive investment theme. “Pharma is the new tech….
Hirect Ltd, formerly known as Hind Rectifiers Ltd, has secured its first order to supply propulsion systems for Mainline Electric Multiple Unit (MEMU) trainsets from the Modern Coach Factory (MCF), a production unit of Indian Railways, in a contract valued at about ₹60 crore. The order, which involves supplying complete propulsion systems for four MEMU…
Upcoming IPOs: Advance Technoforge, Poojaa Precision Engg among new issues to open this week – Check full list here Source link
Dividend Stocks This Week: Over 90 companies are scheduled to trade ex-date between July 27 and July 31, 2026, offering investors the final opportunity to buy their shares and become eligible for announced dividends, bonus issues, rights issues, spin-offs and InvIT/REIT income distributions. Among the prominent names are UltraTech Cement, Britannia Industries, Eicher Motors, Siemens,…
Q1 Results in Coming Week: As the first-quarter earnings season going on, several companies are set to announce their June quarter results between July 27 and August 2. Investors will closely track earnings from Bharat Electronics (BEL), Canara Bank, Coal India, Hindustan Unilever (HUL), Larsen & Toubro (L&T), Ambuja Cements, Adani Enterprises, Adani Ports, Asian…
Shares of SRF fell to the day’s lows on Wednesday, July 22, after the chemicals and packaging films maker reported a strong set of June quarter earnings, led by robust growth in its Performance Films & Foil business and margin expansion. The company’s consolidated net profit surged 75.5% year-on-year to ₹758.9 crore for the quarter…
