Ajmera Realty shares jumped as much as 18% after its fourth quarter results announcement, marking the biggest single-day increase for the stock since February 2024.
Christy Mathai, Fund Manager-Equity at Quantum AMC, believes elevated crude and input costs could lead to earnings downgrades across sectors over the next year, especially in consumer discretionary. Despite near-term uncertainty, he remains constructive on private banks, life insurance and…
Suzlon Energy’s Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) during the quarter grew by 67% year-on-year to ₹965 crore from ₹578 crore last year, while margins expanded to 17.6% from 15.3% in the year-ago period.
The Sensex rose 1,074 points to close at 76,489, while the Nifty gained 312 points to settle at 24,032, reclaiming the 24,000 mark. The Nifty Bank index outperformed broader benchmarks, rising 1,238 points to 55,294, while the Midcap index advanced…
The company’s board recommended a dividend of ₹3.5 per equity share of face value ₹5 each for FY26, subject to shareholders’ approval. Shares of Poly Medicure Ltd ended at ₹1,518.00, down by ₹80.75, or 5.05%, on the BSE.
The China stock play right now is to focus on artificial intelligence-related names, regardless of the slower economic growth, several analysts said.
For the March quarter, Blue Jet Healthcare’s Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) fell 49% to ₹71 crore from ₹140 crore a year ago, while EBITDA margin contracted sharply to 30.3% from 41%. Yet, the stock was up…
Wolfe Research and CNBC Pro highlight cash rich firms like Deckers Outdoor, Airbnb and Okta, all holding high net cash and buy ratings, with analysts seeing further stock gains.
Altius Telecom Infrastructure Trust, backed by Brookfield, plans a ₹6,000 crore IPO and pre IPO funding to cut debt and enable a Brookfield stake sale amid strong domestic InvIT demand.
Structured over a 20-year tenure with quarterly repayments, the refinancing replaces higher-cost debt with competitively priced long-term rupee financing. IRFC said the facility carries no processing fees, commitment charges or prepayment penalties.