Shares of private lender CSB Bank Ltd. surged as much as 4% in response to its March quarter results, which were higher on a year-on-year basis, along with improved asset quality. Net Interest Income or core income of the lender increased by 25% from the same quarter last year to ₹464 crore. Net profit increased…
Action in the F&O segment is heating up, and who is winning or losing depends on how you slice the data and what you give greater weight to. In terms of options market activity, there is a clear shift, with BSE slowly but steadily gaining ground. On an average daily premium turnover basis, BSE’s market…
Shares of Jyothy Labs Ltd recovered from the lows of the day on Monday, May 4, after the company reported a strong 10.8% growth in volumes compared to the same quarter last year. The company attributed the volume growth to calibrated grammage actions and a gradual recovery in consumption patterns. “Additionally, GST rate reduction helped…
The equity benchmark indices ended the session in positive territory but off day’s highs, with the NSE Nifty closing above the 24,100 mark. The Sensex rose 356 points to 77,269, while the Nifty gained 122 points to close at 24,119. The Nifty Bank index underperformed, adding just 15 points to end at 54,879. The midcap…
Shares of Larsen and Toubro (L&T) Ltd. ended with gains on Monday, May 4, a day ahead of its fourth quarter earnings. As per a CNBC-TV18 poll of analysts, L&T is set to report a positive set of numbers for the March quarter, despite the crisis in West Asia, where the company has significant exposure….
Wockhardt Ltd. reported a strong turnaround in its March quarter results, posting a net profit of ₹164 crore, compared with a loss of ₹45 crore in the same period last year. The pharma company’s revenue rose 30% year-on-year to ₹965 crore from ₹743 crore in Q4FY25. Its earnings before interest, tax, depreciation and amortisation (EBITDA)…
Financial Services firm Aditya Birla Capital Ltd on Monday (May 4) reported a 31% year-on-year rise in net profit for the fourth quarter at ₹1,128 crore, compared with ₹864 crore in the year-ago period. Net interest income (NII) for the quarter rose 27.4% to ₹2,415 crore from ₹1,896 crore a year earlier. The company’s NBFC…
A wide-ranging discussion on CNBC-TV18 brought together Sandeep Tandon, Founder & CIO at Quant Mutual Fund; Abhijit Roy, MD and CEO at Berger Paints; Nirmalya Mukherjee, Senior Journalist and Samir Arora, Founder & Fund Manager at Helios Capital to decode the evolving economic and market outlook. From a markets perspective, Samir Arora, Founder and Fund…
A rally in oil drove both stocks and bonds lower on concerns that an escalation of hostilities over the Strait of Hormuz will keep energy costs elevated, fueling global inflation risks. Equities dropped from all-time highs, and Brent crude jumped 5% to around $114, with the US and Iran exchanging fire in the Persian Gulf…
Crude prices spiked sharply after reports of a drone attack on key energy infrastructure in the UAE, triggering fresh fears of supply disruptions in an already fragile geopolitical environment. Brent crude briefly surged past $115 per barrel, even touching $119 at one point, while WTI climbed over 3% to $105.3. This comes after a fire…
