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Amber Enterprises share price target cut after biggest fall in four years
JPMorgan has cut Amber Enterprises' revenue estimates by 7% - 8% and margins by 50 basis points to 120 basis points, led by cuts in both consumer durables and electronics businesses, which drives the 12% - 36% estimated earnings per share (EPS) cuts over financial year 2027-2028.
Amber Enterprises shares down 16% after management guides for margin pressure
Growth in the consumer durable segment remained subdued during the quarter, while the electronics and railway sub-system businesses delivered strong performance.
From record high to 'correction territory' in two sessions: Korea's KOSPI extends sell-off
Analysts tracking the KOSPI have attributed the fall to higher yields, fears of higher interest rates and a potential strike at Samsung Electronics. However, they call this a "healthy price correction" instead of the start of a structural downtrend, and advice looking for buying opportunities in high-quality stocks.
Q4 Results This Week: IOC, BPCL, ITC, Lenskart among 150 others report earnings as season winds down
As many as 150 companies, including Ola Electric, Indian Oil Corporation, Lenskart, LG Electronics India, Nykaa, along with Nifty 50 names such as Hindalco, ITC, BEL, among others will be reporting their fourth quarter results this week as the earnings season enters its final stages for this period. Here's a look at the complete list:
NCLAT Upholds Separate Insolvency Processes For Videocon Industries, Videocon Oil Ventures
The appellate tribunal in its order said VIL and VOVL operate in starkly different sectors -- with VIL engaged in consumer electronics and VOVL in oil-related businesses -- making it impractical for a single entity to possess the expertise required to revive both operations effectively.
NCLAT upholds separate insolvency processes for Videocon Industries and Videocon Oil Ventures
The NCLAT has upheld separate insolvency proceedings for Videocon Industries Ltd (VIL) and Videocon Oil Ventures Ltd (VOVL), overturning an NCLT order that had clubbed the two cases. The tribunal emphasized the distinct business sectors of VIL (consumer electronics) and VOVL (oil) and the creditors' intent for independent resolutions, a decision rooted in commercial wisdom.
Bharat Electronics Q4 Results: Check BEL Board Meeting Date, Dividend News And More
A meeting of the Board of Directors is scheduled on May 19 to consider and approve the audited financial results for the fourth quarter of FY26.
Skyworth and Jaina Group form JV to make Panasonic TVs in India
In a dynamic development for the Indian electronics sector, Skyworth Group from China has teamed up with Jaina Group to manufacture and promote Panasonic televisions within India. With Jaina Group likely to own the majority share in this venture, the partnership, formalized through a recently signed agreement, is poised to bolster the Panasonic TV brand and enhance local supply chains.
FDH Aero opens Bengaluru office to strengthen India aerospace supply chain play
US-based FDH Aero has opened a new office in Bengaluru, consolidating its hardware and electronics divisions to support India's growing aerospace and defence sector. This full-service hub, backed by local inventory and teams, aims to cater to tier-1 manufacturers and OEMs amidst strong commercial aerospace demand and rising defence investment.
LG Electronics India Board Meeting Scheduled on May 21, 2026 to Approve FY26 Audited Financial Results - scanx.trade
LG Electronics India Board Meeting Scheduled on May 21, 2026 to Approve FY26 Audited Financial Resultsscanx.trade
Kaynes Technology Q4 Results: Profit falls 22% YoY to Rs 91 crore; revenue jumps 26%
Kaynes Technology posted robust quarterly revenue growth driven by strong electronics manufacturing demand and expanding execution across sectors. However, higher material, employee and finance costs weighed on profitability. The company continued benefiting from localisation trends, government incentives and rising outsourcing demand across industries.
Bodo Moller Chemie opens warehouse facility in Bengaluru
Bodo Moller Chemie has launched a new aerospace warehouse in Bengaluru. This facility will supply advanced materials to aviation and industrial manufacturers. It supports both civilian and military production, along with repair operations. The company sees significant growth potential in India's aerospace and electronics sectors.