ICICI Lombard General Insurance Announces ₹7 Final Dividend Along with Q4 Results
ICICI Lombard posted a 7.3% year‑on‑year rise in Q4 FY2026 net profit to ₹547 crore (≈$66 million) and a 10.5% increase in full‑year PAT to ₹2,772 crore (≈$334 million). Retail health insurance premiums surged 55.7% YoY, driving much of the growth, while motor premiums rose modestly and crop insurance fell sharply. The insurer’s combined ratio improved to 101.2%, signaling better underwriting efficiency. A final dividend of ₹7 per share was proposed, taking FY26 total payout to ₹13.50 per share pending shareholder approval.
Up over 650% in 5 Years! Multibagger Metal Stock to Be in Focus on Thursday. Here’s Why
Godawari Power and Ispat Limited (GPIL) announced a fresh equity infusion of ₹50 crore (≈ $6 million) into its wholly‑owned subsidiary Godawari New Energy Private Limited to fund a 20 GWh battery energy storage plant. The capital boost raises GPIL’s total stake in the...
Sebi Allows 50% Tweak in IPO Size, Offers Six-Month Relief Amid Volatility
The Securities and Exchange Board of India (SEBI) announced a six‑month window allowing companies to increase or decrease their IPO size by up to 50 % without filing fresh draft offer documents, provided the issue is slated before 30 Sept 2026. The relief...
Gold, Silver Rates Today: Comex Gold Slips $46/Oz; Silver Falls $1.2/oz as Investors Book Profits
Gold and silver prices eased on April 15 as investors took profits after a sharp rally. Comex gold futures slipped $46 per ounce to $4,808, while silver fell $1.23 to $78.3 an ounce. In India, MCX gold held near ₹154,854...
PSU Banks vs Private Banks: What Should Investors Pick This Earnings Season
Public sector banks (PSUs) have outperformed private lenders, with the Nifty PSU Bank index gaining 41% over the past year versus a 5% rise for private banks. Analysts note that PSU valuations are now around 1.3 times forward book value,...
Buy the Dips Now; IT Our Big Contra Bet, Positive on Large Private Banks: Daulat Wealth's Founder and CEO
Varun Fatehpuria, founder of Daulat Wealth Management, says the current dip in Indian equities presents the best buying opportunity, especially in large private banks and the IT sector as a contrarian play. He points to a Nifty trailing PE below...
Wipro Q4 Preview: Inorganic Growth to Support Topline; Margins Seen Weak, Say Analysts
Wipro will report its Q4 FY26 results on April 16, with analysts forecasting a weak quarter marked by modest top‑line growth largely driven by recent acquisitions. Revenue is expected to edge up about 0.9% quarter‑on‑quarter in constant‑currency terms, while organic...
Has LT Foods Overcome Tariff-Led Pain?
LT Foods Ltd, India’s leading rice exporter, is rebounding after US rice tariffs fell from 50% to 18%, reviving pricing power and margins. The United States accounts for roughly 46% of its revenue, making the duty cut pivotal. Shares have...
RBI Sets SGB Premature Redemption for 15 April: Check Profit on 10 Units
The Reserve Bank of India announced that the Sovereign Gold Bond (SGB) 2019‑20 Series‑V can be redeemed early on 15 April 2026 at a price of ₹15,009 per unit (approximately $181). The price is based on the three‑day average of 999‑purity gold...
Small-Cap Stock Enviro Infra Surges 15% Despite Weak Stock Market Sentiment After This Business Update
Enviro Infra Engineers’ shares surged nearly 15% on the BSE, climbing from ₹173.35 to an intraday high of ₹199.15, even as the broader Sensex fell more than 2%. The rally followed the company’s filing that it received Letter of Empanelment...
Ola Electric Mobility Share Price Falls Around 8% Following Weakness in Dalal Street; Stock up 61% in April
Ola Electric Mobility’s shares slipped about 8% on April 13, falling to ₹37.75 (≈ $0.45) amid profit‑taking and a broader sell‑off in Indian equities. The drop follows a dramatic 61% rally earlier in the month, but the stock remains under pressure, down...
US-Iran War: Why Is Singapore Stock Market Among the Least Affected by Middle East Crisis?
Amid the escalating US‑Iran war, Singapore’s Straits Times Index has stayed near record highs, remaining flat since the conflict began on Feb 28, while the Indian Nifty 50 fell more than 6% and the S&P 500 slipped 1%. The city‑state’s economy expanded 4.8%...
Adani Power, Tata Power to Jaiprakash Power: Why Are Power Stocks Rising Despite the Stock Market Crash?
Power stocks in India are climbing as summer approaches, boosting electricity demand. Companies like Adani Power, Tata Power and Jaiprakash Power are posting notable gains, driven by expectations of higher consumption. The rally occurs despite a broader market decline caused...
TCS, Infosys, Wipro to HCL Technologies: IT Stocks Crash Following Sell-Off in Indian Stock Market
Indian IT stocks tumbled on Monday as the Nifty IT index slipped more than 2%, extending a market-wide sell‑off driven by rising geopolitical tensions and crude oil breaching $104 per barrel. Tier‑1 firms TCS, Infosys, Wipro, HCL and Persistent each...
ACME Solar Share Price Jumps 7% After HSBC Assigns ‘Buy’ Call, Sees up to 30% Upside Potential
ACME Solar Holdings shares jumped nearly 7% after HSBC launched coverage with a Buy rating and a target price of ₹350 (≈ $4.2), implying about 30% upside. HSBC highlighted that the company currently runs roughly 3 GW of solar capacity and has...
