Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Tech Mahindra Q4 Results 2026: Net profit rises 19% YoY to ₹1,356 crore; ₹36 per share dividend announced
Tech Mahindra's Q4FY26 profit rose 19% YoY to ₹1,356 crore, up from ₹1,142 crore last year. Revenue grew 12.6% YoY to ₹15,076 crore. A final dividend of ₹36 per share is recommended, totaling ₹51 including the interim dividend, pending AGM approval.
Tech Mahindra declares Rs 36/share final dividend; sets July 3 as record date
Tech Mahindra's board has proposed a final dividend of Rs 36 per share for FY26, bringing the total payout to Rs 51. This comes as the IT giant reported a strong March quarter with net profit up 16% year-on-year. Shareholders will vote on the dividend at the upcoming AGM, with July 3 set as the record date.
Tech Mahindra Q4 Results: Cons profit rises 16% YoY to Rs 1,354 crore, revenue up 13%; co declares Rs 36/share dividend
Tech Mahindra Q4 Results: Tech Mahindra reported a 16% year-on-year increase in net profit to Rs 1,354 crore for the March quarter, with revenue rising 13% to Rs 15,076 crore. The company is accelerating its AI-led transition, achieving its highest deal wins in recent years and declaring a record total dividend of Rs 51 per share for FY26.
The IPO afterlife for unicorns: How mutual funds are doubling down on next-gen leaders
Indian mutual funds have boosted their investments in five new-age companies. Funds poured into stocks like Urban Company, Ather Energy, Lenskart, Meesho, and PhysicsWallah. This shows growing confidence from domestic investors in these tech-focused businesses. Brokerages are also initiating coverage with positive outlooks. This trend indicates a significant shift in institutional capital towards India's new-age economy.
SML Mahindra Q4 results: Profit edges up, margin narrows; dividend declared
SML Mahindra reported a marginal rise in profit and strong revenue growth in Q4, though margins narrowed year-on-year. The company also announced a final dividend for FY26.
HDFC Life Q4 Results: HDFC Bank to increase stake in the company as profit rises 4% YoY
HDFC Life Insurance will issue shares worth one thousand crore rupees to promoter HDFC Bank. This move aims to strengthen the insurer's solvency and support future growth. The company reported a modest profit rise in the March quarter. Net premium income also saw an increase. The board recommended a final dividend for FY26.
Indian fund outperforming 98% of peers bets on defense stocks
A $3 billion fund at Kotak Mahindra Asset Management Co. is backing Indian defense stocks, wagering that geopolitical tensions will boost local arms production and support the government’s efforts to lower reliance on imports.
Mutual fund bulls vs FII bears: The Rs 38,000 crore battle for 5 popular bank stocks
Domestic mutual funds bought banking stocks worth Rs 38,000 crore in March, countering heavy FII selling of Rs 60,655 crore during the Iran war selloff. Major accumulation was seen in HDFC Bank, ICICI Bank, SBI, Kotak Mahindra Bank, and Axis Bank. HDFC Bank emerged as the top pick across leading mutual fund houses, according to Prime Database estimates.
ICICI Lombard shares will react to Q4 results with premium growth ahead of industry
Gross Direct Premium Income (GDPI) for the quarter grew 18.2% YoY, outpacing industry growth of 10.9%. The board has also recommended a final dividend of ₹7 per equity share, at a 70% payout, for FY26.
ICICI Lombard Q4 net profit up 7% to ₹547 crore on 17% premium growth; ₹7 dividend declared
Shares of ICICI Lombard General Insurance Co Ltd ended at ₹1,859.25, up by ₹74.40, or 4.17%, on the BSE.
HDFC Bank, BSE and Tata Motors among top stocks mutual funds bought and sold during March crash
Indian mutual funds aggressively bought equities last month amidst a market correction. They invested heavily in HDFC Bank and BSE, acting as a stabilising force against foreign investor selling. Funds also booked profits in Tata Motors. Banking stocks remain a dominant sector for mutual funds, with HDFC Bank, ICICI Bank, and SBI featuring prominently.
ICICI Prudential Life shares zoom 7% after Q4 profit surges 58%. Should you buy, sell or hold?
ICICI Prudential Life shares jumped 7% after the insurer reported a 58% YoY rise in Q4FY26 net profit to Rs 609 crore and announced a final dividend. For FY26, profit grew 35% to Rs 1,600 crore, aided by a stake sale. Net premium income rose 17%, driven by strong growth in one-time and renewal premiums.