Visa beat estimates for Wall Street profit on Tuesday (April 28) as the world’s largest payment processor benefited from a steady rise in payment volumes despite ongoing macroeconomic uncertainty, sending its shares up over 6% in extended trading. US consumer spending rose more than expected in March as the US-Israeli war with Iran boosted gasoline…
Starbucks raised its annual forecasts as CEO Brian Niccol said investments in faster service and more staffing had lured customers back to the global coffee chain. The company jumped about 5% in extended trading on Tuesday after it also beat expectations for second-quarter sales growth and profit. Niccol’s turnaround strategy, called “Back to Starbucks”, has…
NTPC Limited has declared the commercial operation of 100 MW capacity from its solar photovoltaic (PV) project at Ramagundam in Telangana. The company said the capacity became operational with effect from 00:00 hours on May 2, 2026, following successful commissioning. The 100 MW forms part of the broader 176 MW solar PV project at the…
The rupee opened weaker on Wednesday (April 29), slipping 20 paise to 94.74 per dollar from Tuesday’s (April 28’s) close of 94.54, extending its recent downtrend amid persistent external pressures. The decline keeps the currency close to its recent lows, with traders noting that it is now within roughly 0.5% of its all-time low of…
Brokerage firm CLSA’s “high-conviction outperform” rating on platform giant Eternal Ltd. comes with a price target of ₹505 per share. Based on Tuesday’s closing, that implies an upside potential of 95% from current levels. CLSA’s target came on Wednesday, April 29, a day after Eternal reported its results for the March quarter, that were better…
Shares of Dr. Reddy’s Laboratories Ltd. opened higher on Thursday, April 29, after the company received approval from Health Canada for its semaglutide product. The approval makes Canada the first G7 market to clear a generic version of Semaglutide, with the company receiving a Drug Identification Number on April 22, 2026, in line with its…
TVS Motor Company reported a 7% year-on-year increase in total sales for April 2026, even as supply chain constraints affected dispatch volumes during the month. The company’s total sales rose to 4.73 lakh units from 4.43 lakh units in April 2025. Two-wheeler sales grew 6% year-on-year to 4.55 lakh units, compared with 4.30 lakh units…
Zen Technologies Q4 results show steep declines in profit, revenue, and EBITDA margins year on year, highlighting broad weakness in quarterly performance. By Anshul May 2, 2026, 11:38:30 AM IST (Published) 1 Min Read Zen Technologies reported a sharp decline in its financial performance for the fourth quarter, with profit, revenue, and operating metrics all…
Shares of Indus Towers Ltd. are trading higher on Thursday, April 29 after brokerage firm Nomura initiated coverage with a bullish stance. Nomura has a ‘Buy’ rating on the stock with a price target of ₹490, implying an upside of about 18% from recent levels. The brokerage referred to the structural data growth and improving…
Shares of Emmvee Photovoltaic Power Ltd., which ended the previous session about 4% higher, are trading over 8% higher today (April 29) after the company reported a stronger-than-expected March quarter performance. Brokerage firm Jefferies has reiterated its ‘buy’ rating on the stock with a target price of ₹350, citing that both EBITDA and profit after…
