1 / 10 HDFC Bank | India’s largest private lender reported net profit of ₹19,221 crore, marginally higher than the CNBC-TV18 poll of ₹19,024.8 crore. Net Interest Income stood at ₹33,081.5 crore compared to the CNBC-TV18 poll of ₹33,738 crore. Net profit on a year-on-year basis grew 9.1%, while Net Interest Income grew 3.2% from…
Aurobindo Pharma Ltd said on Wednesday, April 15, that its subsidiary TheraNym Biologics Pvt. Ltd. has expanded its existing contract manufacturing operations (CMO) agreement with Merck Sharp & Dohme Singapore Trading Pte Ltd by executing an additional product schedule. The company said that the new schedule builds on the arrangement first announced in May 2024 and…
Leading non-banking financial company (NBFC), HDB Financial Services Ltd, on Wednesday (April 15), reported a 41.4% year-on-year rise in profit after tax at ₹751 crore for the quarter ended March 31, 2026, compared to ₹531 crore in the corresponding quarter last year. Net interest income for the quarter stood at ₹2,399 crore, up 21.6% from…
Laurence Balanco of CLSA expects the Nifty to rally another 900 points from current levels, provided it breaks above a key level. In his latest note on Thursday, April 16, Balanco said that the recovery rally on the Nifty is now testing the overhead resistance at 24,300 – 24,400 levels, an area defined by the…
Shares of ICICI Lombard General Insurance Company will be in focus on Thursday, April 16, after the company reported a steady set of Q4 FY26 numbers. Profit after tax (PAT) rose 7.3% to ₹547 crore, compared to ₹510 crore in the same quarter last year. On a reported basis, PAT came in at ₹539 crore,…
Brokerage firm Citi has maintained a ‘Buy’ rating on Hindustan Aeronautics Ltd (HAL), with a price target of ₹5,560 per share, implying an upside potential of 30% from current levels. The call comes as HAL and GE Aerospace have reached an agreement on key technical aspects for the co-production of F414 jet engines in India,…
Brokerage firm Emkay has continued to bet on Ather Energy Ltd., shares of which have risen nearly 200% in the last one year, in its latest note on Thursday, April 16. The brokerage has maintained its “buy” rating on Ather Energy, and has raised its price target to ₹1,150 from ₹1,000 earlier. The revised price…
The rupee opened at 93.28 per US dollar on Thursday (April 16), compared with the previous close of 93.37, marking a marginal gain of 9 paise in early trade. However, gains remained limited as persistent dollar demand from importers and companies with overseas borrowings offset optimism around a potential Iran ceasefire. Currency traders said intraday…
Shares of Tejas Networks Ltd. are trading more than 3% lower on Thursday, April 16, after the company reported a weak set of fourth quarter earnings. The company posted a net loss of ₹211.3 crore in Q4 FY26, widening from a loss of ₹71.8 crore in the same period last year, marking its fifth consecutive…
Taiwan’s equity market has climbed ahead of the UK in global rankings, driven by a sharp rebound in technology stocks and renewed investor appetite for AI-linked plays. The total market capitalisation of companies listed in Taiwan reached about $4.14 trillion as of Wednesday, edging past the UK’s roughly $4.09 trillion, according to Bloomberg data. This…
