Shares of Hero MotoCorp continued to record sharp gains on Thursday, jumping nearly 4% as Jefferies upgraded its rating on the stock from ‘Underperform’ to ‘Hold’ after the two-wheeler maker announced its earnings for the January-March quarter of FY26. The shares of the company gained around 4% to Rs 5,368 apiece on the NSE on […]
Whirlpool stock crashes after weak outlook and price hike warning – Whirlpool Stock Crashes After Earnings Shock
Whirlpool sharply reduced its earnings forecast for 2026, cutting guidance to nearly half of earlier expectations. Management described the current environment as resembling recession-like conditions, with consumers delaying purchases of large household appliances amid economic uncertainty. Higher living costs, weaker discretionary spending, and cautious consumer sentiment have reduced demand for premium appliances. The slowdown has […]
Paytm shares climb 5% after Q4 results. Do Jefferies and Bernstein see further upside?
Shares of One 97 Communications, the parent company of Paytm, rallied as much as 5% to their day’s high of Rs 1,166 on the BSE on Thursday after it reported a profit of Rs 184 crore for the fourth quarter, compared with a loss of Rs 540 crore in the same quarter last year. The […]
Positive Breakout: These 10 stocks cross above their 200 DMAs – Upside Ahead?
In the Nifty200 pack, 10 stocks’ closing prices crossed above their 200 DMA (Daily Moving Averages) on May 06, 2026, according to stockedge.com’s technical scan data. The 200-day daily moving average (DMA) is used by traders as a key indicator for determining the overall trend in a particular stock. As long as the stock is […]
Rising costs, EV push may pressure Hero MotoCorp margins despite strong Q4
ET Intelligence Group: Hero MotoCorp delivered a strong March quarter on a year-on-year basis, but sequential performance remained subdued as rising input costs weighed on profitability. In addition, intense competition and rising momentum in sales of the low-margin EV segment are expected to dent margins further in the coming quarters. The company’s EV market share […]
Canara Bank invites bids for Rs 509 crore loan of Rajesh Exports
Mumbai: The sole lender to jewellery manufacturer Rajesh Exports, Canara Bank has put its ₹509.37 crore loan on the block seeking expressions of interest (EoIs) from bad debt aggregators and other financial institutions to purchase the distressed account. The bank’s plan to sell the loan comes as it awaits National Company Law Tribunal (NCLT) directions […]
6 midcap stocks post 50%+ EBITDA growth in March ’26 quarter – EBITDA growth stocks
Quarterly EBITDA growth reflects higher earnings before interest, taxes, depreciation, and amortization, signaling improved profitability and operational efficiency. In the NSE midcap segment, six stocks reported EBITDA growth of over 50% in the March 2026 quarter (based on Q4 results announced so far, excluding banking and financial stocks), compared with the same period last year, […]
Shree Cement profit dips as costs rise and demand outlook weakens
Shree Cement, India’s third-biggest maker of the primary building material, reported an 8% on-year fall in its fourth-quarter consolidated profit for the March quarter due to cost pressures. It said the West Asia crisis and likely muted monsoon rains are short-term growth risks. Kolkata’s biggest building-materials company clocked a consolidated profit of Rs 527.53 crore […]
Home First Finance profit surges 43% on strong AUM growth
Home First Finance Company India reported a 43% jump in fourth quarter net profit at Rs 150 crore as compared with Rs 105 crore in the year-ago period, backed by steady business expansion. Its operating profit for the quarter was at Rs 211 crore, reflecting a 45% spurt. Total Income grew 21.3% year-on-year at Rs […]
Bajaj Auto posts record quarterly profit of Rs 2,746 crore on volume surge
Bajaj Auto closed the March quarter with its highest-ever quarterly net profit of ₹2,746 crore, up 34% year-on-year, buoyed by record vehicle sales, a richer mix of pricier models, and a favourable rupee. Revenue from operations rose 32% from a year earlier at ₹16,006 crore in the three months ended March 31. Ebitda jumped 36% […]