SEBI clears IPO plans for Zepto, Dhoot Transmission, four others
The companies include quick commerce unicorn Zepto Ltd, Hotel Polo Towers Ltd, Crystal Crop Protection Ltd, Surgiwear Ltd, Horizon Industrial Parks Ltd and Dhoot Transmission Ltd.
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Bank of India Q4 asset quality improves, net profit nearly doubles; declares dividend
Shares of Bank of India Ltd ended at ₹139.75, down by ₹0.55, or 0.39%, on the BSE.
US April job growth tops forecast, adds 115,000 jobs
US job growth beat expectations in April, signalling resilience in the labour market despite ongoing geopolitical and inflation concerns. The stronger-than-expected payrolls data is likely to support the Federal Reserve’s wait-and-watch approach on interest rates.
Nasdaq futures jump nearly 1% as chip stocks rally, jobs data beats estimates
US futures rise as strong US jobs data and chip gains lift sentiment, offsetting US Iran tensions in the Strait of Hormuz, oil edges up, Nasdaq and S&P 500 head for weekly gains
Swiggy Q4 Results: Net loss narrows to ₹800 crore; Food delivery sees fastest growth in four years
Swiggy said that the food delivery business grew at the fastest pace in nearly four years and that it crossed annual adjusted EBITDA of ₹1,000 crore. EBIT for this segment increased to ₹306 crore from ₹220 crore last year.
JSW Infrastructure Q4 net profit falls 18% but revenue up 19%; declares dividend
The board recommended a dividend of ₹0.90 per equity share of face value ₹2 each for FY26, subject to shareholder approval. Shares of JSW Infrastructure Ltd ended at ₹283.55, up by ₹2.10, or 0.75%, on the BSE.
Orient Electric Q4 profit jumps 29% despite supply chain disruptions and softer demand
Consumer electricals maker posts steady growth in Q4FY26 driven by strong performance in lighting, switchgear and wires businesses, while EBITDA margin improves to 8.2%.
Abakkus trims banking exposure, adds solar and power-linked capital goods stocks
Aman Chowhan, Fund Manager at Abakkus Asset Manager, which manages assets worth nearly $2.06 billion, said the sharp market rebound over the past few weeks has caught many investors by surprise, even as the fund stayed selectively bullish through the…
Fino Payments Bank CASA accounts up 9% in April; loan referral disbursals jump 3x
Shares of Fino Payments Bank Ltd ended at ₹133.05, down by ₹3.40, or 2.49%, on the BSE.
SBI Q4 Results: Stock falls 7% after core income miss, slippages jump from last quarter
SBI’s core income or Net Interest Income (NII) during the quarter increased by 4.1% year-on-year to ₹44,381 crore. The number was lower with the CNBC-TV18 poll figure of ₹46,487.4 crore.