Citi’s India Research Head Surendra Goyal flags a tougher macro setup driven by rising oil prices, a weaker rupee, and El Niño risks. He warns of earnings downside if oil stays above $100. On IT services, Goyal remains underweight, citing…
Patel Engineering shares fell over 2% as Q4FY26 revenue and EBITDA declined but net profit nearly doubled, FY26 profit rose, order book stood at ₹15,119 crore, and debt-equity ratio improved.
JSW Steel reported stronger-than-expected fourth-quarter operating performance with EBITDA and margins beating estimates, while the board approved a dividend and fundraising plans worth up to ₹14,000 crore.
Dilip Buildcon reported a 64% drop in Q4 profit as weaker revenue and margin pressure weighed on performance, while the year-ago quarter was boosted by exceptional gains from asset divestments.
Shares of LT Foods Ltd ended at ₹410.60, down by ₹2.85, or 0.69%, on the BSE.
L&T and Exail will provide the Indian Navy unmanned MCM suit, incorporation autonomous and remotely operated systems designed to detect, classify, identify and neutralize naval mines in a safe, stand-off manner.
Meghmani Organics reported a weak Q4 performance as profit, revenue and operating earnings declined year-on-year, with margins contracting significantly.
India weighs new steps to curb dollar outflows as BoP deficit and rupee slide persist, options include tighter LRS limits, lower tax on foreign bond investors, and a new NRI deposit scheme
During the quarter, IRFC also executed a ₹12,842 crore refinancing deal for Hindustan Urvarak & Rasayan Ltd., marking its foray into the large-ticket refinancing in the fertilizer sector.
Senores Pharmaceuticals shares fell over 5% despite strong year-on-year earnings growth, as investors reacted to sequential weakness in EBITDA and margins amid a softer operational performance in the March quarter.