Retail chain Shoppers Stop on Tuesday reported a consolidated loss of 16.35 crore for the March quarter. The company had posted a net profit of Rs 1.99 crore in the January-March period a year ago, according to a regulatory filing by Shoppers Stop. The retail firm is promoted by the Raheja family. Its revenue from […]
J&K Bank profit jumps 36% as asset quality and growth improve
Jammu & Kashmir Bank reported a 36% surge in fourth quarter net profit at Rs 798 crore against Rs Rs 585 crore in the year ago period, while asset quality improved. Operating profit stood higher at Rs 911 crore against Rs 800 crore. J&K Bank posted its highest ever annual profit of Rs 2364 crore […]
Vedanta demerger sets stage for value unlocking, global scale: Chairman Anil Agarwal
Vedanta Limited is entering a pivotal new phase where strong operating performance converges with a transformational restructuring, setting the stage for its next wave of growth and value creation, the company’s Chairman Anil Agarwal said Tuesday in a letter to the shareholders. The billionaire businessman called company’s demerger a key milestone The much-anticipated demerger aimed […]
Ahead of Market: 10 things that will decide stock market action on Wednesday
Domestic equity benchmarks closed in the red on Tuesday, weighed down by selling in financial, consumer, and real estate stocks. The 50-share Nifty slipped 86.50 points, or 0.36%, to end at 24,032.80, while the Sensex dropped 251.61 points, or 0.33%, to settle at 77,017.79. Meanwhile, the volatility gauge India VIX ended at 17.91, down by […]
Bull market or trading illusion? Nithin Kamath says India’s stock market data is sending mixed signals
Even as shares of listed brokerage firms continue to rally on expectations of sustained retail participation, Nithin Kamath says the underlying market data tells a far more complicated story. In a detailed post on Tuesday, the Zerodha founder said several headline indicators often associated with a bull market are not fully lining up, raising questions […]
ideaForge Technology bulk deal: BNP Paribas buys Rs 39 crore worth shares in this multibagger
Shares of ideaForge Technology Limited witnessed significant bulk deal activity on Tuesday, with multiple institutional investors picking up stakes in the company. Leading the transactions, BNP Paribas, through its affiliate BNP Paribas Financial Markets, bought over 5 lakh shares worth approximately Rs 39 crore at Rs 783.29 apiece. In addition to BNP Paribas, several other […]
Sebi cautions market players on risks from AI tools like Mythos; sets up task force
Markets regulator Sebi on Tuesday issued an advisory cautioning regulated entities against emerging risks from advanced artificial intelligence (AI) tools used for vulnerability detection, including Anthropic’s AI model Mythos. To address these concerns, Sebi has constituted a task force named cyber-suraksha.ai, comprising representatives from market infrastructure institutions (MIIs), qualified registrar and transfer agents (QRTAs), regulated […]
Hero MotoCorp posts record profit on strong sales and EV growth
The country’s largest two-wheeler maker Hero MotoCorp Tuesday reported an increase of 30% to post record profit of Rs 1,401 crore for the fourth quarter ended March 31, 2026 driven by healthy growth in sales. The company had posted net profit of Rs 1,081 crore in the corresponding period of the previous financial year. Revenue […]
NSE announces Rs 35 per share dividend, includes Rs 10 special payout
The board of India’s leading stock exchange NSE recommended a final dividend of Rs 35 per share for FY26 subject to shareholders’ approval. This includes a special one-time dividend of Rs 10 per equity share. The dividend was approved by NSE’s Board of Directors today along with the company’s January-March quarter earnings where the company […]
Quess Corp posts Rs 64-cr profit in Q4
Staffing and workforce solutions provider Quess Corp has posted a consolidated profit of Rs 64.34 crore during the March quarter. The company had posted a loss of Rs 95.44 crore in the year-ago period, Quess Corp said in a regulatory filing. The loss resulted from one-time exceptional items in FY25, including expected credit loss provision […]