Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Raja Venkatraman, MarketSmith recommend five stocks for 4 May
After a dip in late April, Indian markets may start positively on May 4, driven by a favourable Gift Nifty. Analysts recommend buying stocks such as Syngene International and DCM Shriram, highlighting their growth potential despite recent market volatility.
Sony Pictures Networks India hires Harsh Deep Chhabra to lead strategy, new business
Sony Pictures Networks India has appointed Harsh Deep Chhabra as Head of Strategy and New Business, with the executive joining from Godrej Consumer Products Limited.
Godrej Agrovet Q4 profit jumps 48%, but margins take a hit
Godrej Agrovet Q4 results show strong profit and revenue growth but weaker margins, with a final dividend of ₹11 per share proposed for FY26. Shares of Godrej Agrovet ended higher on Thursday, by 1.11% at ₹600.00 on the NSE.
Bombay HC restrains Godrej from handing over Chembur space to Titan in Decathlon lease row
Bombay High Court has temporarily halted Godrej Projects from handing over a Chembur commercial property to Titan Company. The court appointed a receiver to take possession, citing Godrej's unilateral repudiation of a lease agreement with Decathlon Sports India. Decathlon had planned a significant store in the area, impacting other outlets.
Exclusive | Pirojsha Godrej bets big on financial services; plans gold loan foray in FY27
Godrej Industries sees financial services as its fastest-growing vertical, with plans to scale AUM to ₹1 lakh crore, while real estate and consumer businesses continue to anchor growth, Chairman-designate Pirojsha Godrej said.
Godrej Industries up 33% this month, best in 17 years on value unlocking prospects
Godrej Industries is targeting over 15% annual revenue growth and more than 20% EPS growth, while aiming to scale its market capitalisation to ₹5 lakh crore over the next five years.
Godrej Industries Targets Rs 5 Lakh Crore M-Cap By 2031; Plans Listing Capital, Chemicals Arms
Pirojsha Godrej was recently appointed as Chairperson Designate of the company
The ₹5 trillion ambition: How Pirojsha Godrej plans to triple his group’s value in five years
Pirojsha Godrej, the chairman designate of Godrej Industries, is rewiring a 129-year legacy. With a ₹5 trillion target, two IPOs on the horizon, and a firm ‘no’ to 70-hour work weeks, discover how the leader is crafting the group’s tomorrow.
FMCG stocks led by Nestle India surge up to 10% in two sessions on hopes of a strong Q4
Just as HCLTech's results have taken its fellow IT stocks lower, Nestle India's results have propelled its FMCG peers higher over the last two sessions. Shares of Hindustan Unilever are up 6.5% over Tuesday and today, while those of Tata Consumer, Dabur, Godrej Consumer have also gained between 4% to 5.5% during the same time period.
The Real Estate index is set for its best month in nearly five years as rebound continues
Stocks such as Sobha, Godrej Properties, Phoenix Mills Ltd., Ananta Raj, Lodha Developers, Oberoi Realty, Brigade Enterprises, Prestige Estates are trading with gains between 2% to as high as 4.5%. All constituents of the index are trading with gains. For the month so far, all constituents of the Realty Index are up between 15% to 30%.
DCM Shriram divests 50% stake in Shriram Polytech for $5.6 million
DCM Shriram said that the company and Shriram Polytech (SPL) have entered into an agreement with Teknor Apex B.V. for transferring 50% equity stake held by the company in SPL to Teknor, for a cash consideration of $5.6 million.
Astec LifeSciences sees major board rejig; Nadir Godrej steps down as chairperson
Following these changes, the board composition will comprise 10 directors, including five independent directors and five non-independent directors. Shares of Astec LifeSciences Limited ended at ₹634, down by ₹25.70, or 3.90%, on the BSE today, April 13.