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PRO FX revenue jumps 37% to Rs 177 crore in FY26, profit rises 24% on premium AV demand
PRO FX Tech saw significant growth in FY26. Revenue jumped 37% to Rs 177 crore, and net profit rose 24% to Rs 15 crore. This success was fueled by strong demand for premium audio products and effective operations. The company navigated economic challenges through cost management and a focus on high-value customers.
Top Gainers & Losers on May 18: Gland Pharma, Coforge, PB Fintech, BSE, Voltas, Bharti Airtel among top gainers
Indian stocks marginally gained on May 18, driven by strong tech buying and pharma support, with Nifty 50 up 0.03% at 23,649 and BSE Sensex at 75,263. However, the broader market faced pressure as Nifty Midcap 100 and Nifty Smallcap 100 fell.
Infosys, OFSS, TechM, other IT stocks gain up to 3% despite weak market sentiment. Here's why
IT stocks such as Infosys and Oracle Financial Services Software gained, while LTIMindtree, Coforge, Tech Mahindra, Mphasis and Persistent Systems also posted strong gains. Meanwhile, the BSE Sensex and Nifty 50 dropped over 1% as the rupee hit a record low and bond yields surged to all-time highs.
Asia stocks slip as tech losses, Iran tensions drag; Samsung union talks in focus - Investing.com India
Asia stocks slip as tech losses, Iran tensions drag; Samsung union talks in focusInvesting.com India
Weekly Tech Wrap: iPhone 18 Pro, Pro Max Colours, iOS 26.5 Rollout, Motorola Razr Fold, Googlebook Launched, More
From iPhone 18 Pro rumours to Instagram Instants launch, this week's biggest developments in tech.
Pro FX Tech standalone net profit rises 253.76% in the March 2026 quarter
Sales rise 4.26% to Rs 49.70 crore
Top Gainers & Losers on May 15: HUDCO, Muthoot Finance, Voltas, IOCL, Vedanta, HAL, Aditya Infotech among top losers
On May 15, Indian markets declined, with Nifty down 0.18% and Sensex down 0.25%. Selling in financial and metal stocks offset IT sector gains. The rupee hit a record low of 96.5 against the dollar, influenced by foreign investor withdrawals and rising crude oil prices.
Q4 Results LIVE Updates: JSW Steel, Muthoot react to results; Tata Steel, Power Grid report today
Q4 Results LIVE Updates: Two Nifty 50 companies Tata Steel and Power Grid along with broader market names like ITC Hotels, Hindustan Copper, Godfrey Phillips, Gland Pharma, Cochin Shipyard, Deepak Nitrite, Balrampur Chini, Arvind, Bajaj Electricals, Aarti Drugs, Aether Industries, Alembic Pharma, NCC, NHPC, Premier Energies, SAIL, SJVN, Solara Active Pharma, Symphony, Thangamayil, Triveni Engineering, VST Tillers, are among the companies reporting their earnings today. JSW Steel, Muthoot Finance, Apollo Tyres, Endurance Tech, Voltas, are some of the other result reactions today. Watch this space for all the LIVE updates.
IT Stocks Extend Decline For Fourth Straight Session Amid AI, Growth Concerns; Persistent Systems, Coforge Lead Losses
The continued declines in the tech shares has pushed the Nifty IT Index more than 40% below its all-time high reached in December 2024.
Sensex Today | Stock Market LIVE Updates: GIFT Nifty trades 70 pts higher; HPCL inn focus
Sensex Today | Stock Market LIVE Updates: The Nifty bank was the culprit on Wednesday to drag the Nifty down, cooling off over 650 points from the day's high. The index has a broad trading range of 53,000 - 54,000. All eyes will also be on the Trump-Xi meeting today and potential developments there. Bharti Airtel will be the result reaction of the day, followed by Kaynes Tech.
Key reasons why Kaynes Tech shares will be in focus on Thursday
For the full financial year of 2026, Kaynes Tech reported revenue growth of 33%, contrary to the management's own projections of ending the year with 51% growth.
Stocks in news: HAL, TMPV, Bharti Airtel, Anant Raj, Zydus Life, Tata Motors
Indian markets experienced a volatile yet stable session after a sharp sell-off, with the Nifty showing resilience. Key companies like HAL, Tata Motors, and Bharti Airtel are in focus due to quarterly results and news developments. Zydus Lifesciences is nearing a US acquisition, while Maruti Suzuki commits to green logistics.