BUSINESS
IRCON shares jump 3% on bagging Rs 458 crore railway order in Arunachal Pradesh
IRCON said the order pertains to the construction of civil works for the Tato-I Hydro Electric Project in Arunachal Pradesh, scheduled to be completed in 45 months for a broad consideration of Rs 458.14 crore
BUSINESS
April auto sales data: These automakers sold the highest number of cars in India
Maruti Suzuki continued to hold the lion's share in the market, selling nearly 1.8 lakh units (including exports) during the month
BUSINESS
Godrej Properties Q4 Results: Net profit drops 19% to Rs 382 crore, revenue rises 49%
Although the company reported a fall in net profit on an yearly basis, it rose by a whopping 135 percent from the Rs 163 crore net profit reported in the previous quarter (Q3 FY25)
BUSINESS
April auto sales impact: Maruti Suzuki, M&M, TVS Motor shares rise up to 4%
The rise in the share prices pushed the Nifty Auto index up nearly 2 percent to hover around 22,682 in the morning trade
BUSINESS
Zomato-parent Eternal's shares rise as brokerages reiterate bullish calls despite 78% decline in Q4 net profit
Motilal Oswal reiterated its 'Buy' call on the stock, with a target price of Rs 260 per share. This implies nearly 12 percent upside from the stock's previous closing price of Rs 232.5 per share.
BUSINESS
Bajaj Finance bonus issue and stock split: What it means for shareholders
Along with the stock split and bonus issue, Bajaj Finance had also announced a final dividend of Rs 44 per equity share and a special dividend of Rs 12 per equity share. This took the total dividend announced by the firm to Rs 56 per share during FY25.
BUSINESS
Realty stocks surge up to 5% on investor interest ahead of Godrej, Phoenix results
Phoenix Mills is set to report its January-March quarter earnings on April 30, while Godrej Properties will announce its earnings on May 3. Investor interest also remains high on the auspicious occasion of Akshaya Tritiya.
BUSINESS
Q4 result impact: Schaeffler, Ceat shares rise up to 8% on standout earnings, Praj shares down on weak show
Q4FY25 results reactions: Schaeffler India and Ceat's share surged while Praj Industries shares fell sharply on earnings impact.
BUSINESS
Vishal Mega Mart shares jump 6% on solid Q4FY25 profit jump, revenue and SSSG higher
Vishal Mega Mart Share Price: The retail major's EBITDA increased nearly 43 percent YoY to Rs 357 crore in Q4 FY25, with adjusted EBITDA margin at 14 percent. The company added 28 stores during the fourth quarter.
BUSINESS
IndusInd Bank CEO Sumant Kathpalia resigns with immediate effect
“I undertake moral responsibility, given the various acts of commission/ omission that have been brought to my notice,” Kathpalia said in his resignation letter.
BUSINESS
Bajaj Finance announces 4:1 bonus issue, 1:2 stock split
Bajaj Finance’s net profit rose 17% YoY to Rs 4,480 crore. Revenue from operations meanwhile rose to Rs 18,457 crore.
BUSINESS
LTI Mindtree, TechM surge 2% as IT index rallies on a rangebound day: What's pushing IT higher
IT companies derive major portions of their revenue from the American market. The easing trade tensions between US and China are expected to boost the share prices.
BUSINESS
Q4FY25 earnings impact: UCO Bank shares rise 4%, AWL Agri and Castrol India shares fall
Earnings Reaction | Castrol India and AWL Agri Business shares dropped while shares of UCO Bank were higher after the quarterly results.
BUSINESS
TVS Motor's Q4 net profit jumps 76% to Rs 852 crore
The company's revenue from operations meanwhile surged 17 percent YoY to Rs 9,550 crore.
BUSINESS
Nifty Bank snaps three-day losing streak: PNB, SBI, Axis shares rise over 2%
Axis Bank shares surged 2 percent after lender’s Q4 results beat estimates. It had reported a net profit of Rs 7,118 crore in Q4FY25, marginally lower than Rs 7,130 crore in the corresponding quarter last year.
BUSINESS
L&T Finance shares drop 4% after retail disbursements disappoint markets
While net profit and revenue grew, the company's retail disbursements fell nearly 1 percent YoY and 2 percent QoQ to Rs 14,899 crore in Q4 FY25.
BUSINESS
Shriram Finance shares extend losses to fall 14% in two sessions as Q4FY25 misses estimates
Shriram Finance Share Price: The lender reported a standalone net profit of Rs 2,139.39 crore for Q4 FY25. Kotak Institutional Equities had estimated the company's profit at Rs 2,202 crore. Axis Securities and JM Financial too had estimated a higher net profit.
BUSINESS
Poonawalla Fincorp Q4 net profit tumbles 81% to Rs 62 crore, revenue up 27%
The company didn't declare any dividend, and said that it wishes to conserve capital in view of its future growth.
BUSINESS
Tata Tech's net profit rises 20% to Rs 189 crore in Q4, firm announces interim dividend, special dividend
Tata Technology announced a final dividend of Rs 8.35 per share and a one-time special dividend of Rs 3.35 per share. This takes the total dividend announced along with the Q4 results to Rs 11.70 per share.
BUSINESS
Hindustan Zinc Q4 net profit surges 47% to Rs 3,003 crore, revenue rises 20%
Hindustan Zinc’s operating margin also improved significantly to 42 percent, while net profit margin improved to 33 percent.
BUSINESS
Q4 Results impact: ACC, Cyient shares tumble 6% amid tepid March quarter earnings
Axis Capital cut the rating of ACC shares to 'Reduce' from 'Add', with a target price of Rs 2,050 apiece.
BUSINESS
L&T Tech Services Q4 net profit falls 9% to Rs 311 crore, IT firm declares final dividend of Rs 38
In its press release, the company said that its employee strength stood at 24,258 at the end of the quarter.
BUSINESS
Adani Energy Solutions Q4 net profit jumps 79% to Rs 647 crore, revenue rises 35%
Net profit margin improved significantly to 10.82 percent in Q4 FY25.
BUSINESS
Huge fire in BHEL's Bhopal unit, shares down 1% amid likely production impact
BHEL's Bhopal plant is among the oldest heavy electrical equipment manufacturing plants in the country.
