Mining major Vedanta will file with stock exchanges next week for listing approval of its demerged entities, with shares expected to list and commence trading by mid-June, a top official of the company said on Wednesday. During an Investor Call on Q4 financial results, Vedanta Resources CEO Deshnee Naidoo said the demerger is now in […]
Mauritius-based entity sells Rs 289 crore worth shares in Emcure Pharmaceuticals via block deal; Norges Bank acquirer
Emcure Pharmaceuticals witnessed a block deal on Wednesday in which a Mauritius-based investment entity BC Investments IV Limited sold 18 lakh shares in a transaction that was valued at Rs 289 crore. The shares were purchased by Norges Bank on Account of The Government Pension Fund Global at a price of Rs 1,608.2 apiece. The […]
Ahead of Market: 10 things that will decide stock market action on Thursday
Domestic equities extended their upward momentum on Wednesday, buoyed by strong buying in auto, FMCG, and IT stocks. The benchmark Nifty 50 advanced 181.95 points, or 0.76%, to close at 24,177.65, while the Sensex climbed 609.45 points, or 0.79%, to settle at 77,496.36, reflecting broad-based gains across sectors. Meanwhile, the volatility gauge India VIX ended […]
Indian Bank Q4 profit rises 5% to Rs 2,956 crore
State-owned Indian Bank reported a 5% rise in net profit at Rs 3103 crore for the fourth quarter as compared with Rs 2,956 crore in the year ago period while its operating profit stood 5.3% higher at Rs 5,286 crore against Rs 5,019 crore. The bank set aside Rs 1,226 crore as provisions and contingencies […]
Exit polls predict edge to BJP in West Bengal & Assam. How will stock market react tomorrow?
Exit polls released after voting in multiple states indicated a slight edge for the BJP in both West Bengal and Assam, setting the stage for a potentially eventful trading session when markets reopen tomorrow. In Assam, two major exit polls projected a comfortable victory for the BJP-led NDA. Axis My India estimated 88-100 seats for […]
Insurance firms cut stakes in 10 large-cap stocks in Q4 FY26
A decrease in insurance shareholding indicates that insurance companies have reduced their stakes in a specific company during the current quarter compared to the previous one. In the NSE large-cap segment, we identified the top 10 stocks that witnessed a decline in insurance shareholding from the December 2025 quarter to the March 2026 quarter, based […]
Gainers & Losers: GRSE, Vedanta among 8 big movers on Wednesday
Indian markets closed higher led by auto, FMCG, and IT stocks. Strong Q4 earnings drove gains in GRSE, CEAT, and Vedanta, while REC, Cohance Lifesciences, and India Cements declined. Source link
Adani Green, Adani Power among 7 largecaps that hit 52-week high; stocks rally up to 50% in a month – New Highs
Benchmark Sensex climbed 609 points to close at 77,496 on Wednesday. In line with the broader market rally, seven stocks from the BSE Largecap TMC index hit their 52-week highs, marking their strongest levels in the past year. Such milestones are generally viewed as bullish signals, indicating strong momentum and potential for further gains. Source […]
Adani Power Q4 Results: Net profit rises 52% YoY to Rs 4,017 crore; total income up 10%
Adani Power on Wednesday reported that its consolidated net profit rose 52% year-on-year (YoY) to Rs 4,017 crore in the fourth quarter. The same stood at Rs 2,637 crore in the last year quarter. Total income in the reporting period increased 10% YoY to Rs 15,989 crore. Operationally, the company delivered resilient performance. EBITDA increased […]
Piccadily Agro Q4 Results: Profit rises 14% to Rs 45 cr; FY26 revenue crosses Rs 1,110 cr markets stocks earnings
Piccadily Agro Industries Ltd, maker of single malt whisky Indri and Camikara Rum, has reported a 13.6 per cent increase in its net profit to Rs 45.22 crore for the March quarter of FY26 on a year-on-year basis, driven by its premium alchoBev portfolio. The company had posted a net profit of Rs 39.80 crore […]