Larsen & Toubro (L&T) announced a final dividend of Rs 38 per equity share for the financial year ended March 31, 2026 and has set May 22, as the record date to determine shareholders’ eligibility. The dividend will be paid following shareholders’ nod at the upcoming Annual General Meeting (AGM) scheduled on June 10. The […]
L&T Q4 Results: Profit falls 3% YoY to Rs 5,326 crore; co declares Rs 38/share dividend
Engineering and construction major Larsen and Toubro (L&T) on Tuesday reported a 3% year-on-year (YoY) decline in its consolidated net profit at Rs 5,326 crore in the fourth quarter, compared to Rs 5,497 crore in the same period last year quarter. The company’s board has recommended of a final dividend of Rs 38 per share […]
Voltamp Transformers Q4 Results: Shares crash 20% after weak March quarter numbers. Check details
Shares of Voltamp Transformers tumbled as much as 20% to their day’s low of Rs 10,046 on the BSE on Tuesday after the company reported a weak set of numbers for the March quarter of financial year 2026. The company’s net profit halved to Rs 48 crore in Q4, plunging from Rs 97 crore during […]
Retail investors, HNIs shifting from holding direct stocks to mutual funds. Here’s why
Individual investors in India are increasingly shifting from direct stock portfolios to mutual fund holdings, with a report from Prime Infobase highlighting that direct holding by individual investors hit a five-year low in the March 2026 quarter, while indirect holding via mutual funds (MFs) soared to an all-time high. The report, released on Tuesday, highlights […]
Mutual funds raise stakes in midcaps: 8 stocks rally up to 85% in 4 months – Midcap Surge
Mutual funds turned quietly aggressive in the March 2026 quarter, raising their stakes in around 82 midcap stocks, a move that often signals deep research, strong conviction, and a long-term bet on growth.What makes this even more interesting is the contrast with broader market performance. Despite a weak start to CY2026, with most stocks delivering […]
M&M Q4 Results: Standalone PAT jumps 53% YoY to Rs 3,737 crore; Rs 33/share dividend declared
Automobile major Mahindra & Mahindra (M&M) on Tuesday reported a standalone net profit of Rs 3,737.27 crore for the fourth quarter of FY26, up 53.3% from Rs 2,437 crore in the same quarter last year. Along with the results, the M&M board also recommended a final dividend of Rs 33 per ordinary equity share of […]
GameStop shares tank 10% as CEO skips fundraising question on $55 billion eBay deal
Shares of GameStop dropped more than 10% to $23.84 on Monday after doubts surfaced over how the company plans to fund its unexpected $55.5 billion bid for eBay. In an interview with CNBC, CEO Ryan Cohen avoided direct answers on the financing of the proposed deal, saying he did not understand the line of questioning. […]
Smallcap winners! Wockhardt, Tata Tech, CAMS, other stocks rally up to 11% despite overall market weakness
The shares of several smallcap companies rallied up to 11% on Tuesday, supported by stock-specific triggers amid broader market outperformance, even as escalating Iran-US tensions, a falling rupee, and other factors spooked investors and pushed benchmark indices Sensex and Nifty down. The sharp surge in smallcap stocks pushed the Nifty Smallcap 100 index into the […]
IPO investors brace for 83 lock-in expiries worth $55 billion in three months. Do you own any?
The Indian stock market will see a rush of lock-in expiries between May and August this year, with shares of 83 newly-listed companies worth $55 billion becoming eligible for trade when their mandatory shareholder lock-in periods expire, according to Nuvama Alternative & Quantitative Research. The value represents the worth of the total number of shares […]
Vedanta among 5 F&O stocks with a sharp rise in futures open interest – In demand
As of May 04, five stocks from the NSE F&O segment witnessed a notable surge in futures open interest, with a total increase of over 12% compared with the previous session, based on data from StockEdge.com. A sharp rise in open interest indicates growth in active, unexpired futures contracts, reflecting increased participation and fresh position […]