Realty developer Brigade Enterprises has reported a consolidated net profit of Rs 725 crore for the financial year 2025-26, compared to Rs 680 crore a year ago. The listed company’s revenue rose 11% to Rs 5,909 crore from Rs 5,314 crore a year earlier. The company’s board has recommended a final dividend of Rs 2 […]
MochaTrade raises funding to offer global access to US perpetual futures
MochaTrade, a global trading platform that intends to offer perpetual futures on United States stocks, commodities and indices to eligible users, has announced that it has raised an undisclosed pre-seed round from Y Combinator and Pioneer Fund as part of Y Combinator’s Spring 2026 batch. Subject to applicable regulatory approvals and laws, the platform aims […]
Paytm Q4 Results: Co turns to black, logs profit of Rs 184 crore vs loss a year ago
One 97 Communications, which operates Paytm, reported a net profit of Rs 184 crore in the fourth quarter, compared with a loss of Rs 540 crore in the year-ago quarter. In the year-ago quarter, its results were affected by a one-time expense on charges related to CEO Vijay Shekhar Sharma giving up his employee stock […]
Ahead of Market: 10 things that will decide stock market action on Thursday
Domestic equities rallied sharply on Wednesday, buoyed by a drop in crude oil prices below the $100-per-barrel mark and optimism around a potential US–India trade agreement. Buying was broad-based, with banks, auto, pharma and realty stocks leading the gains. The Nifty climbed 251.61 points, or 1.24%, to close at 24,330.95, while the Sensex advanced 940.73 […]
Market Trading Guide: Buy Hindustan Zinc and Vedanta on Thursday for gains up to 9%
Domestic stock markets ended with strong gains on Wednesday as oil prices slipped below the $100 a barrel mark while news of a likely trade deal between the US and India lifted sentiments. Nifty has sustained below the 50EMA on the daily chart for eight consecutive sessions, keeping the bearish trend intact. Rupak De, Senior […]
Bajaj Auto announces Rs 5,633 crore share buyback via tender route, sets price at Rs 12,000 apiece
Bajaj Auto‘s board on Wednesday cleared a share buyback worth Rs 5,633 crore where the two-wheeler major will purchase up to 46.94 lakh fully paid-up equity shares at a price of Rs 12,000 per share via a tender route. These shares represent up to 1.68% of the total number of equity shares in the company. […]
Why Gulf NRIs are turning to Indian equities as real estate sees an exit
Indian equities are emerging as the primary wealth creation engine for Gulf-based non-resident Indians, with a clear shift away from real estate and towards financial assets, according to a new report by Equirus Wealth. The report, based on a survey of over 8,300 GCC-based NRI investors across the UAE, Saudi Arabia, Qatar, Kuwait, Oman and […]
Meesho Q4 Results: Co narrows loss by 88% YoY to Rs 166 crore, revenue jumps 47%
E-commerce company Meesho narrowed its consolidated losses to Rs 166 crore in the March-ended quarter versus Rs 1,391 crore in the year-ago period, implying an 88% drop. The loss is attributable to the owners of the parent. The company’s revenue from operations, meanwhile, rose 47% to Rs 3,531 crore versus Rs 2,400 crore posted in […]
Uber Q1 revenue rises 14%, slightly misses estimates; forecasts strong Q2 bookings
US ride-hailing and delivery firm Uber’s Q1 revenue rose 14% YoY, slightly missing analyst expectations. The company’s forecast second-quarter bookings above Wall Street estimates on Wednesday on strong demand for ride-hailing and delivery services, even though the Middle East conflict weighed on its growth. Shares of the San Francisco-based company rose about 8% in premarket […]
KPIT Technologies Q4 Results: Cons profit falls 33% YoY to Rs 163 crore despite 12% revenue uptick
KPIT Technologies on Wednesday reported a 33% year-on-year decline in consolidated net profit to Rs 163 crore for the March quarter, down from Rs 245 crore a year ago. The profit after tax is attributable to the company’s owners. The decline in earnings came despite a 12% rise in revenue to Rs 1,711 crore in […]