Grasim Industries Ltd, the flagship company of the Aditya Birla Group, on Tuesday (May 5) said it has received relief after the National Company Law Appellate Tribunal (NCLAT) set aside a Competition Commission of India (CCI) order imposing a ₹301.61-crore penalty on the company and remanded the matter back to the regulator for fresh hearing…
Hero MotoCorp dividend 2026: Rs 75 cash reward announced in Q4 results; Profit up 29.6% YoY. Hero MotoCorp Q4 results Hero MotoCorp dividend 2026 The company has recommended a final dividend of Rs 75 per share for its shareholders with a face value of Rs 2. Hero MotoCorp record date The company has fixed the…
The National Stock Exchange of India reported a strong end to FY26, with consolidated profit after tax rising 19% quarter-on-quarter to ₹2,871 crore in Q4. Total income for the quarter increased 22% to ₹5,360 crore, driven by higher trading activity across cash and derivatives segments. Transaction charge revenue jumped 34% as equity and derivatives volumes…
Construction engineering company PNC Infratech Ltd on Tuesday (May 5) said it has accepted a settlement offer of ₹234.72 crore from the National Highways Authority of India (NHAI) under the Vivad-se-Vishwas III (Contractual Disputes) scheme in connection with an arbitration award related to the Agra bypass project. The arbitration award in favour of the…
Arvind Limited‘s technical fabrics arm, Arvind Advanced Materials, is in active discussions to acquire a majority stake in Dalco Nonwovens, a US-based needlepunch nonwovens manufacturer, sources told CNBC-TV18. The deal is estimated to be valued between $125 million and $140 million. Dalco Nonwovens, headquartered in Conover, North Carolina, manufactures needlepunch nonwoven fabrics catering to the…
From Larsen & Toubro reporting a mixed set of Q4 results to Poonawalla Fincorp reporting a sharp 309% year-on-year rise in its Q4 net profit at ₹255 crore, here are some stocks to watch ahead of Wednesday’s trading session. 2 Min Read 1 / 6 Larsen & Toubro | The company reported a mixed set…
Multi-brand fashion retailer Shoppers Stop Ltd on Tuesday (May 5) reported a net loss of ₹16 crore for the fourth quarter against a net profit of ₹2 crore in the same period last year. Revenue for the quarter increased 13.7% year-on-year to ₹1,209.8 crore from ₹1,064 crore. EBITDA rose 8.5% to ₹184.3 crore from…
Bajaj Auto is set to report its Q4FY26 results on May 6, with the Street expecting a strong performance led by healthy volume growth, a richer product mix and robust export momentum. Estimates indicate a solid earnings trajectory, with both revenue and profit likely to post strong double-digit growth, even as margins remain stable. In…
Domestic investors hit record ownership in Nifty stocks as FIIs cut exposure. (Pic Credit: iStock/ETNOW) Highlights DIIs hit record ownership in Nifty, overtaking FIIs amid sustained foreign outflows and volatility Domestic inflows offset $15.8 billion FII selling, signalling structural shift in India’s market dynamics Rising DII dominance across sectors strengthens market resilience, reducing dependence on…
L&T dividend 2026: Larsen & Toubro, a major engineering and construction firm, has reported a 3 per cent YoY decline in its consolidated net profit for the fourth quarter of the fiscal year. The company has also announced a final dividend for its shareholders. The company has said in an exchange filing that the board…
