Dixon Technologies Q4 Results: Cons PAT Falls 36% YoY as Topline Grows 2%; Rs 10/Share Dividend Announced
Indian contract manufacturer Dixon Technologies posted a consolidated net profit of ₹256 crore ($31 M) in Q4 FY26, a 36% decline from the year‑ago quarter. Revenue from operations rose 2% to ₹10,511 crore ($1.27 B), while EBITDA improved 9% to ₹493 crore ($59 M). The board proposed a final dividend of ₹10 per share, and the stock fell about 6% to ₹10,120 ($122) after the announcement. For the full year, PAT surged 33% to ₹1,644 crore ($198 M) as total income climbed 28%.
Tata Power Q4 Results: Profit Slips 4% YoY to Rs 996 Cr, Revenue Falls 13%
Tata Power posted a Q4 FY 26 consolidated net profit of Rs 996 crore (≈$120 million), a 4% YoY decline, while revenue fell 13% to Rs 14,900 crore (≈$1.8 billion). EBITDA rose 10% to Rs 4,216 crore, and the board recommended a final dividend of Rs 2.5 per share. Full‑year...
Dr Reddy's Laboratories Q4 Results: Cons PAT Falls 86% YoY to Rs 221 Crore, Revenue Dips 12%; Rs 8 per...
Dr Reddy's Laboratories posted a consolidated net profit of Rs 221 crore (≈ $27 million) in Q4 FY26, an 86% YoY plunge from Rs 1,587 crore. Revenue fell 12% YoY to Rs 7,516 crore (≈ $904 million) and gross margin slipped to 44.8%, down 1,074 bps year‑on‑year. The board proposed a final...
Gold, Housing Plays Take a Hit as Modi's Austerity Pitch Rattles Consumer-Facing Stocks
Prime Minister Narendra Modi urged a year of financial restraint, telling Indians to delay gold purchases and cut discretionary travel. The remarks triggered a sharp sell‑off in consumer‑facing stocks, with jewellery makers like Titan, Kalyan Jewellers and Senco Gold falling...
Hyundai Shares Jump 5% Despite 22% YoY Fall in Q4 Net Profit to Rs 1,256 Crore
Hyundai Motor India’s shares jumped about 5% even though Q4 FY26 net profit fell 22% to Rs 1,256 crore (≈$151 million). Revenue rose more than 5% to Rs 18,916 crore (≈$228 million) and the board proposed a Rs 21 per‑share dividend (≈$0.25). Brokerages kept "Buy" ratings, with...
Nifty Bank Crashes 900 Points as SBI, IndusInd, Yes Bank, Other Lender Stocks Tumble up to 4%. What Lies Ahead?
The Nifty Bank index plunged nearly 900 points, falling about 2% to around 54,442 after State Bank of India reported weaker margins despite higher profit. SBI’s shares dropped 4% on the day and have lost 10% over two days, dragging...
Bank of Baroda Shares Gain over 2% After Q4 Results. Should You Buy, Sell or Hold?
Bank of Baroda reported an 11.2% YoY rise in Q4 net profit to ₹5,616 crore (≈ $676 million) and a 9% increase in net interest income to ₹12,494 crore (≈ $1.5 billion). Asset quality improved, with gross NPAs dropping to 1.89% and net NPAs to 0.45%....
Tata Consumer Shares Soar 7% After Better-than-Expected Q4 Earnings. Here’s What Morgan Stanley & Other Top Brokerages Say
Tata Consumer Products posted a strong Q4 FY 2026, with net profit climbing 21% YoY to about ₹419 crore (≈$50 million) and revenue rising 18% to ₹5,438 crore (≈$655 million). The earnings beat lifted the stock nearly 7% despite a bearish market, and the board...
Rajeev Thakkar and Sankaran Naren See Value in IT Despite AI Disruption Concerns
Fund managers Rajeev Thakkar (PPFAS) and Sankaran Naren (ICICI Prudential) see emerging value in Indian IT stocks despite widespread AI disruption concerns. They argue the sector’s recent price decline reflects a contrarian valuation rather than a structural collapse, citing the...
2026 Market Turmoil? These 10 Classic Investing Rules Still Hold the Key
Veteran strategist Bob Farrell’s ten classic investing rules are revisited as a guide for navigating the 2026 market turbulence marked by geopolitical tension, soaring oil prices, and AI‑driven rallies. The article argues that despite algorithmic trading and real‑time data, human...
Zepto, Dhoot Transmission Among 6 Companies to Secure Sebi's Nod for IPO
Six Indian firms, including quick‑commerce unicorn Zepto and auto‑components maker Dhoot Transmission, have received SEBI clearance to launch IPOs. Zepto aims to raise roughly $1.3 billion, while Dhoot Transmission targets $250 million backed by Bain Capital. The other companies—Horizon Industrial Parks, Surgiwear,...
Mother’s Day: What Multi-Cap Investing Borrows From a Mother’s Wisdom
The article likens multi‑cap investing to a mother’s balanced budgeting, emphasizing a single fund that spreads assets across large, mid and small‑cap stocks. By mandating at least 25% allocation to each market‑capitalisation tier, multi‑cap funds aim to deliver true diversification...
Bank of Baroda Q4 Results: PAT Grows 11% YoY to Rs 5,616 Crore; NII up 9%
Bank of Baroda posted a consolidated net profit of ₹5,616 crore (≈$676 million) for Q4 FY26, up 11.2% YoY. Net interest income rose 9% to ₹12,494 crore (≈$1.5 billion), supported by a 12% surge in total deposits to ₹16.48 lakh crore (≈$199 billion). Advances expanded 16% to...
Tata Consumer Products Q4 Results: Profit Rises 21% YoY to Rs 419 Crore, Revenue up 18%
Tata Consumer Products posted a fourth‑quarter net profit of Rs 419 crore (≈ $50 million), a 21% rise year‑over‑year, while revenue climbed 18% to Rs 5,434 crore (≈ $655 million). For the full fiscal year, revenue crossed the Rs 20,000 crore ($2.45 billion) mark, up 15%, and net profit grew 20%...
IMF Warns of 'Inevitable' AI-Powered Threats to World
The International Monetary Fund issued a warning that AI‑driven cyber‑attacks pose a systemic threat to global financial stability. Its latest report says extreme AI‑enabled incidents could strain funding, jeopardize solvency and disrupt markets. The IMF highlights that advanced models dramatically...
HFCL Shares Surge 37% in 5 Sessions, Nearly Double in a Month
HFCL’s shares surged 37% over five trading sessions, lifting the stock nearly 98% in the past month and pushing it to a 52‑week high. The rally was sparked by a sharp earnings turnaround—Q4 FY26 net profit of $21.5 million versus a...
Bajaj Auto Shares Rise 3% After Firm Posts Record Q4 Profit. Here’s What Jefferies, Nomura and Other Brokerages Are Saying
Bajaj Auto reported a record fourth‑quarter profit of ₹2,746 crore (about $331 million), a 34% year‑on‑year rise, and its shares jumped more than 3% on the news. Revenue climbed to ₹16,006 crore (~$1.93 billion) and EBITDA reached ₹3,323 crore (~$400 million) with the margin expanding to...
Diageo Springs a Surprise, Sales Climb on Africa, Latin America
Diageo reported a surprise uptick in organic net sales, which rose 0.3% in the latest quarter, beating analysts' expectations of a 2.3% decline. Growth in Africa and Latin America offset a pronounced slump in the United States, where health‑driven moderation...
PNB Shares Jump 4% After Q4 Results but Jefferies, Motilal, Other Brokerages Are Cutting Target Prices; Here's Why
Punjab National Bank (PNB) posted a 14% jump in Q4 FY26 net profit to ₹5,225 crore (≈$630 million), while net interest income slipped 4% to ₹10,380 crore. Asset quality improved, with gross NPA falling to 2.95% and net NPA to 0.29%. The bank...
Hero MotoCorp Shares Gain 2% After Q4 Results. Why Goldman Sachs Still Forecasts 16% Downside?
Hero MotoCorp reported a record Q4 FY26 with revenue of about $1.54 bn and profit of $169 m, both up roughly 30% year‑on‑year. The company sold 1.714 million two‑wheelers, a 24% increase, and announced a final dividend of $0.90 per share. Despite the...
L&T Shares Slide 4% After Q4 Profit Dip. Why Jefferies, Goldman Sachs Are Still Bullish
Larsen & Toubro reported a 3% YoY dip in Q4 net profit to ₹5,326 crore (≈ $641 M), while revenue climbed 11% to ₹82,762 crore (≈ $10 B) and EBITDA rose 5% to ₹8,610 crore (≈ $1.04 B). The company posted a record order book of ₹7,40,327 crore (≈ $89 B), a 28%...
Will Meesho’s 60% Comeback Rally Cool, or Can March Qtr Be a New Launchpad?
Meesho's stock has rallied more than 60% from its March low of Rs 125.56 (≈$1.51) to around Rs 205 (≈$2.47) ahead of its Q4 earnings. Analysts at BofA forecast a 37% year‑over‑year rise in net merchandise value but warn the company will...
US Stocks Today: US Stocks Today: US Stocks Fall From Record High on Middle East Worries
U.S. equity markets slipped from record highs on Monday as an explosion aboard a South Korean vessel in the Strait of Hormuz and renewed Middle‑East tensions dampened investor optimism. The S&P 500 fell 0.39% to 7,201.75, the Nasdaq dropped 0.17% to...
Adani Ports, Tata Motors and Siemens Energy Witness Block Deal Action on Monday
Global institutional investors executed large block deals on Monday, pouring roughly $890 million into Adani Ports and Special Economic Zone (APSEZ). Capital Group International bought 2.46 crore shares worth about $484 million, while Capital Income Builder and Europacific Growth Fund added $74 million and...
Tata Chemicals Q4 Results: Cons Loss Widens YoY to Rs 2,132 Crore on Exceptional Items; Revenue Drops 2%
Tata Chemicals posted a consolidated net loss of Rs 2,132 crore (≈$257 million) in Q4 FY26, a sharp widening from the Rs 156 crore loss a year earlier. Revenue slipped 2% to Rs 3,438 crore (≈$414 million) amid weak soda‑ash pricing and a $222 million goodwill impairment in its...
CSB Bank Q4 Profit Rises 6% on Lower Provisions, Growth Steady
CSB Bank posted a 6% year‑on‑year rise in Q4 net profit to ₹202 crore (about $24 million), helped by a 62% drop in provisions. The bank’s full‑year net profit reached ₹633 crore ($76 million), with operating profit up 19% as net advances surged 26%...
Tax Shadow over Charitable Trusts with 'Profit' Motive
India’s tax department has revoked Section 12AB registrations for several high‑profile charitable trusts, including three Mumbai hospitals and an international spiritual organization, citing commercial activities and high profit margins. The cancellations, effective March 2026, mean any surplus will be taxed as business...
Hezbollah Pays Steep Price in Battle to Reverse Its Fortunes
Hezbollah has suffered heavy losses since the March 2 war with Israel, with several thousand fighters killed and Israel establishing a 10‑km security zone in southern Lebanon. The fighting displaced hundreds of thousands of Lebanon’s Shi’ite community and hardened domestic opposition...
AI Spending Boom Soars but No Returns for Big Tech Giants, Warns Jefferies’ Chris Wood
Jefferies' Chris Wood warns that AI capital expenditures by U.S. hyperscalers are soaring, projected to consume 92% of operating cash flow by 2026, up from 41% in 2023. Memory alone accounts for roughly 30% of total AI capex, eroding cash...
Largecap IT Stocks as a Value Play? BNP Paribas’ Kumar Rakesh Issues a Reality Check
BNP Paribas analyst Kumar Rakesh cautions against branding large‑cap Indian IT stocks as a blanket value play after FY27 guidance fell short of expectations. He points to AI‑driven growth divergence and a slowdown in client spending linked to Middle‑East tensions. While...
Madhusudan Kela’s Portfolio: 5 Stocks Rally up to 135%; 4 New Q4 Bets Revealed
Renowned investor Madhusudan Kela disclosed a ₹2,290 crore (~$276 million) portfolio covering 19 stocks as of 30 April 2026. Five of those holdings posted one‑year gains between 35% and 135%, while ten stocks delivered double‑digit losses, five of which fell more than 25%....
HDFC Bank, Bharti Airtel Among 10 Largecap Stocks with up to 35% Upside Potential. Check List
Analysts from Jefferies, Morgan Stanley and others have highlighted ten large‑cap Indian stocks that could deliver up to 35% upside, despite the backdrop of a US‑Iran war that lifted crude oil above $125 per barrel. HDFC Bank, Bharti Airtel, Maruti...
Gold Consolidates in $4,600-$4,800 Range for Almost 2 Months. A Big Rally Brewing in May?
Gold has been confined to a tight $4,600‑$4,800 per ounce band since mid‑March, despite heightened Iran‑related geopolitical risk and strong central‑bank buying. Elevated U.S. Treasury yields, a firm dollar and expectations of prolonged higher rates are suppressing upside, while technicals...
Jane Street Employees Set to Get $2.68 Million Payout After Record Revenue Haul
Jane Street Group paid an average of $2.68 million per employee in 2025 after posting a record $9.38 billion in total compensation, more than double the prior year. The market‑maker generated $39.6 billion in trading revenue, outpacing Wall Street banks and peers, while...
PPFAS Mutual Fund Among 15 AMCs to Offer Voluntary Lock-In for Folios. Here Is How Sebi’s Rule Works
SEBI has authorized a voluntary lock‑in facility for mutual‑fund folios, and 15 asset‑management companies—including PPFAS Mutual Fund—have launched the service via the MF Central platform effective 30 April. Investors can freeze redemptions, switches and other debit transactions for both demat and non‑demat...
9 High-Growth Smallcap Stocks Surged up to 170%; 4 Became Multibaggers
The March 2026 earnings season for BSE small‑cap firms revealed a surge of profit growth, with 45 companies posting more than 50% YoY earnings gains. Nine of these stocks delivered extraordinary share‑price jumps ranging from 50% to 170% within a single...
Looking for Best Equity MFs to Invest for 3 Years? Check These 6 Funds with over 27% Returns
ET Online highlights six Indian equity mutual funds that have delivered over 27% cumulative returns in the past three years. Bandhan Small Cap Fund tops the list with a 30.72% gain, managing roughly ₹20,129 crore (≈ $2.4 billion) and a five‑star rating. The other...
Bitcoin Signals Mild Bullish Trend Near $77,000; Ethereum Around $2,300 with Neutral Momentum
Bitcoin traded near $77,115 on May 1, 2026, signaling a mild bullish trend as moving averages show buying strength while oscillators remain neutral. Ethereum hovered around $2,283, indicating balanced momentum and short‑term consolidation. The overall crypto market cap rose 1.35% to...
Gold Falls Around 2% in One Week as Skyrocketing Oil Prices Fuel Inflation Worries. What Lies Ahead?
Gold slipped about 2% over the past week as oil surged to $126 per barrel, reigniting inflation concerns and expectations of prolonged higher interest rates. Spot gold hovered near $4,620 an ounce, while U.S. June futures edged up 0.1% to...
US Stocks Today: Microsoft Cloud Revenue Accelerates as Spending Growth Cools
Microsoft reported Azure cloud revenue surged 40% year‑over‑year in the March quarter, matching analyst forecasts and outpacing the prior 39% growth rate. Capital spending rose 49% to $31.9 billion, still below Wall Street’s $34.9 billion estimate, signaling tighter cost discipline. The company...
Vedanta's Demerged Entities to Trade by Mid-June After Split, Says CEO
Vedanta Resources will file with Indian stock exchanges next week to obtain listing approval for its demerged entities, with trading expected to begin by mid‑June 2026. The split creates five sector‑specific pure‑play companies, each aligned with its own capital structure...
Coal India Shares Rise over 3% After Q4 Results: What Jefferies, Morgan Stanley, HSBC and Others Are Saying
Coal India's shares jumped over 3% after it posted a solid March‑quarter, with consolidated profit after tax climbing 12% to ₹10,908 crore (about $1.3 billion). Revenue rose 6% to ₹46,490 crore (~$5.6 billion) and EBITDA increased 12% to ₹17,917 crore (~$2.2 billion), lifting margins to 39%....
Reliance Share Price Target Hiked to Rs 1,910: Why Goldman, CLSA, and Morgan Stanley Are Betting Big
Reliance Industries (RIL) saw its 12‑month price target lifted to Rs 1,910 (≈$23) by Goldman Sachs, the highest among a group of global brokerages. The boost comes despite a 13% stock decline after a weak oil‑to‑chemicals quarter, as analysts expect O2C...
RBL Bank Q4 Results: Profit Soars 3x YoY to Rs 230 Crore
RBL Bank posted a Q4 net profit of Rs 230 crore (≈ $27.6 million), tripling the figure from a year earlier and lifting its full‑year profit 18% to Rs 822 crore (≈ $98.6 million). Net interest income rose 7% to Rs 1,671 crore, while total deposits grew 25% to Rs 1.39 lakh crore...
Reliance Industries Becomes First Indian Firm to Cross $10 Billion Annual Profit
Reliance Industries Limited posted a record Rs 95,610 crore net profit in FY 26, roughly $10.15 billion, becoming the first Indian company to breach the $10 billion profit mark. Full‑year revenue rose 9.8% to Rs 11.76 trillion (about $142 billion) and EBITDA hit Rs 2.08 trillion, a 13.4% increase. While...
Stay Cautious, Focus on Selective Buying, Says Nischal Maheshwari Amid Market Volatility
Market veteran Nischal Maheshwari warned investors to stay on the sidelines as volatility spikes, saying the near‑term environment doesn’t justify fresh risk‑taking. He highlighted selective buying opportunities but stressed caution, noting the recent Nifty rally above 23,000. Maheshwari remains bullish...
L&T Finance Q4 Profit Climbs 27 Pc to Rs 807 Cr
L&T Finance reported a 27% rise in Q4 FY26 net profit to Rs 807 crore (about $97 million). The gain was driven by a surge in interest income and a 62% year‑on‑year jump in retail loan disbursements to Rs 24,107 crore (~$2.9 billion). Core net interest...
Smallcaps Back in Favour as Valuations Turn Attractive: Siddharth Vora
Siddharth Vora, who kept his portfolio almost entirely in large‑ and mid‑caps for the past 15 months, now finds Indian small‑cap valuations attractive after a sharp market correction and is increasing exposure beyond the previous sub‑10% level. He maintains a...
Monitoring Monetisation Targets: A Scalable InvIT Approach
India's dis‑investment target of about $9.6 bn faces market headwinds, prompting the government to lean on Infrastructure Investment Trusts (InvITs) and REITs as a stable financing channel. Existing InvITs such as NHIT, with a market cap of roughly $4.1 bn and $6 bn...
Oil Price Today (April 23): Crude Oil Prices Cross $100 Again as Iran War Ceasefire Talks Show No Progress. $120...
Crude oil prices surged past $100 a barrel on April 23 as stalled Iran‑U.S. cease‑fire talks and renewed restrictions in the Strait of Hormuz heightened geopolitical risk. Brent settled at $101.76 and WTI at $92.82, following a $3‑plus rally driven...