Mahindra Holidays & Resorts India shares fell 3% after Q4 net profit dropped 43.1% YoY, despite higher revenue and strong resort occupancy, hurt by one off impacts. The company expanded its inventory by 213 keys during the March quarter, taking…
Gold and silver prices in India fall on weak global cues, as resilient markets and macro uncertainty keep bullion range bound and safe haven demand subdued.
BSE Sensex and NSE Nifty rebounded after three losing sessions, led by Sun Pharma, Reliance Industries and midcaps, with all sectoral indices ending higher
Kirloskar Pneumatic reported strong Q4 earnings with profit up 79% and margins expanding sharply. Shares surged over 12% as the company announced a dividend and approved a stock split.
Besides, Kirloskar Pneumatic also reported a strong set of March quarter numbers. Net profit rose 79% year-on-year to ₹143.8 crore from ₹80 crore. Revenue increased 20.3% to ₹711.8 crore from ₹591.6 crore.
UltraTech’s board also approved a special dividend payout of ₹240 per share for its shareholders, which is the highest-ever payout that the company has announced. The dividend is subject to approval from shareholders at the ensuing Annual General Meeting (AGM)…
UltraTech Cement announced a ₹240 per share special dividend for FY26 after record profit and cash flows. Shares rose over 1% as the company crossed key capacity and earnings milestones.
Volumes are likely to grow 12% year-on-year and 1% sequentially, while realisations may increase 12% year-on-year and 1% quarter-on-quarter.
Digant Haria, Founder of GreenEdge Wealth Services, said microfinance and gold loans are showing stability within financials even as macro risks persist. He noted improving trends in lenders and steady asset quality across banks, while cautioning on near-term uncertainties from…
UBS has also moderated its demand assumptions slightly, considering the sustained weakness as the imposition of fuel surcharges poses a downside risk to its revenue passenger kilometer (RPK) estimates.