Category: Stock

Mumbai: UBS has initiated coverage on power generation equipment makers with ‘buy’ ratings on BHEL, Waaree Energies, Premier Energies and Suzlon. The brokerage reiterated its ‘buy’ rating on Thermax and Triveni Turbine. “We see scope for earnings and order-led value creation over the next 3-5 years, offering a favourable setup for returns, driven by scale, […]

HCLTech CEO C Vijayakumar earned USD 10.85 million (approximately Rs 94.6 crore) in FY 2024–25, making him one of the highest-paid leaders in the Indian IT industry—outpacing the compensation of the CEOs at larger competitors like TCS and Infosys. According to the company’s annual report, the board has approved a more than 71% hike in […]

Biscuit major Britannia Industries Ltd reported a marginal 0.8% year-on-year (yoy) drop in standalone net profit at Rs 498.27 crore for the first quarter ending June 30th, while standalone revenue from operations grew 8.8% YoY at Rs 4,452.74 crore. The performance during the quarter missed street estimates. The company did not attribute any reason behind […]

Hi, you’re listening to ET Markets Radio, I am your host Neha V Mahajan. Welcome to a fresh episode of ET Market Watch — where we bring you the latest news from the world of stock markets every single day. Let’s get to it: Sensex tumbled over 300 points and Nifty cracked below 24,700 today, […]

Bengaluru-headquartered apparel exports major Gokaldas Exports has posted a 53% year-on-year (YoY) increase in consolidated net profit for the June quarter (Q1FY26) at ₹41 crore, over Rs 27 crore recorded in Q1FY25.Total income for the quarter registered a much smaller growth of 4% at ₹977 crore, over Rs 940 crore in the year-ago period.Vice-chairman and […]

Stop Loss: Rs 1,240Target: Rs 1,305/1,330Max Healthcare has formed a bullish engulfing candle on the daily chart, indicating renewed buying interest after a brief consolidation. The stock closed at {1,273.90, up 1.88%, with decent volume support and price rebounding from the 20EMA zone. Major EMAs (20/50/100) are aligned positively, indicating a supportive structure for the […]

The Indian market ended in the red on Tuesday as investor sentiment weakened amid renewed tariff threats from U.S. President Donald Trump over India’s continued imports of Russian oil, while sustained foreign portfolio outflows continued to weigh on market confidence. The BSE Sensex slipped 308.47 points, or 0.38%, to end at 80,710.25, while the NSE […]

Fair trade regulator Competition Commission on Tuesday cleared homegrown private equity major ChrysCapital‘s proposal to acquire a majority stake in Mumbai-based bakery chain Theobroma. ChrysCapital is acquiring the stake in Theobroma through its affiliates, Infinity Partners, Aqua Investments Ltd and Atreides Investments BV. “The proposed combination relates to the acquisition of certain equity shareholding of […]

Markets watchdog Sebi on Tuesday issued new guidelines for market infrastructure institutions (MIIs) stock exchanges, clearing corporations and depositories for handling requests to review or waive penalties related to regulatory actions. Under the new guidelines, if the action was taken by the Internal Committee (IC) or based on a pre-approved policy of the MII, then […]

State-owned Indian Bank plans to partly divest stake in asset reconstruction company ASREC (India) Ltd and has started scouting for a buyer, managing director Binod Kumar told ET. The state-owned bank holds 38.26% in ASREC. It is looking to bring down the stake to 30% by the end of this fiscal, Kumar said, even as […]