India’s IPO market is gearing up for another busy month in August 2026, with over a dozen companies, including quick commerce major Zepto, Truhome Fin…Read More 1/9 India’s primary market is set for a busy August, with more than a dozen companies, including quick commerce major Zepto, Truhome Finance and Shiprocket—preparing to launch their initial…
From SBI Card reporting a 19.5% year-on-year rise in Q1 net profit to Bank of India reporting a strong Q1 performance, with net profit rising 36%; her…Read More 1/13 Bank of Baroda | Bank of Baroda’s Q1 profit plunged to ₹1,278 crore, sharply below the CNBC-TV18 poll estimate, due to a one-time exceptional loss of…
Major companies reporting earnings this week include Coal India, BEL, Larsen & Toubro, Hindustan Unilever, Adani Enterprises, Asian Paints, Adani Ports, Bajaj Finance, Mahindra & Mahindra, Tata Steel, Maruti Suzuki, ITC, and Sun Pharma, Pravesh Gour, Senior Technical Analyst at Swastika Investmart Ltd, said. Source link
Reliance Industries’ valuation eroded by Rs 65,429.82 crore to Rs 17,29,661.44 crore. The valuation of State Bank of India tanked Rs 26,814.94 crore to Rs 9,36,953.84 crore and that of Bajaj Finance dropped by Rs 26,802.74 crore to Rs 6,30,471.54 crore. Source link
British coffee chain brand Costa Coffee’s store count in India shrank to 198 outlets in FY26 from 220 a year ago, marking a first decline in over five years in a key market for the company, according to the latest annual report of its exclusive franchise partner Devyani International(DIL). Costa Coffee is owned by global…
Morgan Stanley says companies like Alibaba have more room to run ahead of their next quarterly reports. Other stocks rated overweight at Morgan Stanley and screened by CNBC Pro include: Grab, Natera, Cadence Design Systems and Apple. There’s still a host of stocks with plenty of upside heading into earnings, according to Morgan Stanley. Continue…
Vedanta group firm Hindustan Zinc (HZL) plans to spend $500-600 million, or about ₹5,000 crore, on capital expenditure in the current financial year, with the bulk of the investment earmarked for ongoing projects, PTI reported, citing the company’s Chief Executive Officer Arun Misra. According to the PTI report, around 80% of the planned capex will…
Britannia Industries has declared a final dividend of Rs 90.50 per share for FY26. (AI Generated Image) Dividend Stock Alert: Bakery food company Britannia Industries has announced a final dividend of Rs 90.50 per equity share for the financial year ended March 31, 2026. The dividend will be paid within the statutory timelines after deduction…
Pharmaceutical stocks remain one of the top investment bets despite concerns over potential US tariffs, according to N Jayakumar, Group CEO and Managing Director of Prime Securities. He said the sector’s export-driven nature, relatively low correlation with domestic economic cycles and long-term growth prospects make it an attractive investment theme. “Pharma is the new tech….
Hirect Ltd, formerly known as Hind Rectifiers Ltd, has secured its first order to supply propulsion systems for Mainline Electric Multiple Unit (MEMU) trainsets from the Modern Coach Factory (MCF), a production unit of Indian Railways, in a contract valued at about ₹60 crore. The order, which involves supplying complete propulsion systems for four MEMU…
