Stocks to SELL: Brokerages Goldman Sachs and Emkay issued SELL ratings on Hero MotoCorp, Dr Lal PathLabs, and Avenue Supermarts (Image: AI/ET Now) Stocks to SELL: With the Q4 results season in full swing, several brokerages have released their analyses and issued SELL ratings on a number of stocks. This comes despite the fact that…
Shares of KPI Green Energy rose as much as 11% on Wednesday, May 6, after it reported a 49.2% rise in net profit to ₹155.5 crore in Q4FY26, from ₹104.2 crore in the same period last year. Revenue from operations grew 39.8% to ₹795.8 crore from ₹569.4 crore a year ago. Earnings Before Interest, Tax,…
India’s largest stock exchange, the National Stock Exchange of India (NSE), is inching closer to its long-awaited initial public offering (IPO), and early indications suggest a broad-based exit by several marquee shareholders via the offer-for-sale (OFS) route. Sources indicated to CNBC-TV18 that multiple institutional investors are preparing to partially monetise their holdings as the exchange…
Shares of KPIT Technologies Ltd. fell over 4% on Wednesday, May 6, in response to its quarterly results for the January-March period. KPIT Tech’s EBITDA margin for the quarter narrowed by 60 basis points to 18.8% from 19.4% in the previous quarter. The company saw an increase in employee benefit expenses during the quarter, which…
Zydus Lifesciences Ltd. on Wednesday, May 6, said the US drug regulator has issued seven observations for its biologics injectable plant in Ahmedabad. Zydus Life said the US Food and Drug Administration (USFDA) conducted the good manufacturing practices (GMP) surveillance inspection at its Unit 9 facility at Zydus Biotech Park in Changodar, Ahmedabad, from April…
Arvind Fashions Ltd. (AFL), India’s leading casual and denim apparel company, reported results for the March quarter on Wednesday, May 6. The company reported a net profit of ₹47 crore during the quarter, compared to a net loss of ₹93 crore it reported during the same quarter last year. The net loss reported by the…
Shares of SRF Ltd. are trading higher by 9% on Wednesday, May 6, after the management’s strong commentary in the post earnings call. This is the biggest single-day gain for the stock since January 2025. SRF’s Management Commentary SRF is now anticipating its chemicals business to grow between 15% to 20% in the new financial…
L&T Results Review: Larsen & Toubro reported flat profits, solid revenue growth and a record order book. (Image: AI/ET Now) L&T Results Review: Mumbai-headquartered Larsen & Toubro (L&T) on Tuesday (May 5) reported its results for the quarter ended March 31, FY26. The company’s performance was broadly in line with market expectations, although it reflected…
Stocks to BUY, SELL or HOLD Today, May 6: Coforge, Marico, Mahindra & Mahindra, BEL, PNB and others (Image: AI/ET Now) Stocks to BUY, SELL or HOLD Today, May 6: Brokerages turned selectively bullish on Indian equities on May 6, with multiple upgrades and reiterated “Buy” calls across sectors. Goldman Sachs, Morgan Stanley and Emkay…
Buy, sell or hold: Goldman Sachs latest view on Hero MotoCorp post Q4 results – Check target price and key reasons (Image: Canva/ET Now Digital) Buy, sell or hold: Two-wheeler manufacturer Hero MotoCorp Ltd reported its Q4 results on Tuesday, April 5. The company’s consolidated revenue from operations in the fourth quarter stood at Rs…
