Realty developer Signature Global has reported a 386% year-on-year increase in profit after tax (PAT), reaching Rs 34 crore in Q1 FY26 compared to Rs 7 crore in Q1 FY25. This growth was primarily driven by increased revenue recognition, which rose by 118% to Rs 870 crore from Rs 400 crore in the same quarter […]
HPCL Q1 Results: Standalone PAT skyrockets 1,128% YoY to Rs 4,371 crore, revenue sees marginal decline
Hindustan Petroleum Corporation (HPCL) on Thursday reported a 1,128% jump in its Q1 standalone net profit to Rs 4,371 crore compared to Rs 355 crore in the year ago period. The state-refiner’s income from operations stood at Rs 1,20,135 crore which was marginally down 0.6% versus Rs 1,20,878 crore posted in the corresponding quarter of […]
OppenheimerFunds sells Kotak Mahindra Bank’s shares for Rs 2,035 cr
Asset management firm OppenheimerFunds on Thursday sold shares of private sector lender Kotak Mahindra Bank for Rs 2,035 crore through an open market transaction. US-based OppenheimerFunds is a part of global investment firm Invesco. According to the bulk deal data on the NSE, OppenheimerFunds through its affiliate — Oppenheimer Funds Inc A/C Oppenheimer Developing Markets […]
US stocks open higher on tariff exemption hopes
Wall Street’s main indexes opened higher on Thursday, buoyed by optimism that major technology companies could avoid U.S. President Donald Trump’s latest tariffs on chip imports. The Dow Jones Industrial Average rose 237.0 points, or 0.54%, at the open to 44430.09. The S&P 500 rose 29.3 points, or 0.46%, to 6374.32, while the Nasdaq Composite […]
LIC Q1 Results: PAT rises 5% YoY to Rs 10,987 crore, NPI up 5% as well
Life Insurance Corp (LIC) on Thursday reported 5% year-on-year (YoY) growth in its standalone net profit at Rs 10,987 crore in the first quarter. Net premium income during the same period increased 5% YoY to Rs 1.19 lakh crore. The net premium income growth was led by an increase in both individual and group business […]
SBI Q1 Results Preview: Mixed PAT growth likely; muted NII seen amid margin pressure. Check these 6 metrics
State Bank of India (SBI) will announce its Q1 earnings on Friday where the PSU bank is expected to post a mixed performance with the bottom-line growth estimated to remain moderate amid contraction in net interest margins (NIMs), rising provisions, and flattish loan growth. Analysts highlight margin outlook, credit cost trajectory, and asset quality trends […]
What Trump tariffs? Sensex, Nifty end higher as markets take a U-turn on expiry day
Indian equities reversed early losses to end marginally higher on Thursday, as buying picked up in the final hour of trade on the weekly expiry of Nifty derivatives. Sentiment recovered after brokerages said the impact of U.S. President Donald Trump’s abrupt move to double tariffs on Indian exports would be limited, suggesting limited fallout for […]
Swiggy, Premier Energies among 10 midcap stocks where mutual funds raised stake in Q1 – Portfolio Tracker
Mutual fund holdings rose by 2.4 percentage points to 19.33% in Q1 FY26, from 16.92% in the previous quarter. (Disclaimer: Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times) Source link
European shares tick higher with tariffs, BoE meeting in focus
European shares ticked higher on Thursday, with corporate earnings in full swing, while higher U.S. tariff rates on dozens of partners kicked in ahead of the Bank of England’s monetary policy meeting. The pan-European STOXX 600 index rose 0.2%, as of 0715 GMT, with most major regional bourses trading in the green. Britain’s blue-chip FTSE […]
Lupin shares jump 5% after strong Q1 results. Should you accumulate more?
Lupin shares surged 5% to Rs 1,940 in Thursday’s trade after the pharmaceutical giant reported a strong set of Q1 FY26 results, with consolidated net profit rising 52% year-on-year to Rs 1,221 crore, compared to Rs 805 crore in the same quarter last year. The impressive performance was driven by robust growth in both the […]