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Waaree Energies shares fall 10% after earnings miss; operating profit seen up to 30% higher
Company's board has recommended a final dividend of ₹2 per equity share taking the total dividend for FY26 to ₹4 per equity share, on face value of ₹10 each.
Waaree Energies shares crash 9% despite 75% increase in Q4 net profit, upbeat FY27 guidance
Waaree Energies shares tanked as much as 9% even after a robust March quarter and full-year performance. The company reported significant revenue and profit growth. Strategic investments in polysilicon and expansion of module and ingot facilities are underway. Waaree also announced a new glass manufacturing unit. The company has guided for strong EBITDA in FY27, signaling continued growth and value chain integration.
HEG Q4 net loss widens to ₹114 cr despite 12% revenue growth; dividend declared
HEG has recommended a final dividend of ₹3.40 per equity share of face value ₹2 each for the financial year 2025–26. Shares of HEG Ltd ended at ₹659.35, up by ₹0.15, or 0.023%, on the BSE.
India growth story strong; banks, power and defence seen as key bets: ASK Investment CIO
George Joseph, Chief Investment Officer & CEO–Equity at ASK Investment Managers, says India’s long-term fundamentals remain strong despite global uncertainty, with GDP potentially doubling in 7–10 years. He favours cyclicals like banks, autos, capital goods, real estate, and defence, supported by inflation trends and global spending. He is also bullish on the entire power value chain, driven by AI-led data centre demand, while remaining cautious on expensive consumer stocks.
Vedanta demerger record date is May 1, but why is today the last date to buy?
Vedanta's demerger record date is May 1, a market holiday, making April 29 the last day to buy shares for eligibility. Shareholders will receive one share each of Vedanta Aluminium Metal, Talwandi Sabo Power, Malco Energy, and Vedanta Iron and Steel for every Vedanta share held. This restructuring aims to unlock significant shareholder value by creating distinct, sector-specific entities.
Utilities rally looks stretched, says Bernstein; NTPC, REC still offer selective value
Bernstein’s Nikhil Nigania sees limited upside in utilities, prefers NTPC on dips, REC for value, and favours integrated players like Tata Power in renewables.
Q4 Results LIVE Updates: L&T Tech profit below Street estimates but margin improves
Q4 Results Live Updates: Result reactions are dominating market proceedings in Wednesday's trading session. HCLTech is the top loser on the Nifty 50 with a 9% drop after a disappointing quarter and an equally disappointing guidance for the new financial year. HCLTech's fall has also pressured the entire IT space. Along with HCLTech, Transformers & Rectifiers is also down over 10% and is the top loser on the Nifty 500. Along with these, Bharat Coking Coal, Delta Corp, L&T Technology Services, Havells India, Oracle Financial and Maharashtra Scooters will also be reporting their numbers today. Watch this space for all the Live earnings updates, management commentary and a lot more.
Denim, not discounts: Why Ace Turtle is moving up the value chain
Ace Turtle is shifting away from the value denim segment to focus on premium brands such as Lee and G-Star. It expects 25% revenue growth this fiscal, driven by expansion in tier-II and -III cities, while investing in AI to improve operational efficiency.
Suraj Estates acquires land for redevelopment project in Dadar, Mumbai
Suraj Estate Developers intends to undertake redevelopment the plot of land with sale carpet area of ~ 0.18 lakhs sq ft with an estimated Gross Development Value (GDV) of approximately Rs 100 crore. The project is expected to strengthen the Company's near-to-medium term upcoming projects pipeline and further consolidate its presence in its core operating micro-market of South-Central Mumbai.
Suzlon Energy shares jump 5%, rebound 27% from March's record low. What's driving the rally?
Suzlon Energy share price rose on Wednesday, extending a strong April rebound and recovering nearly 27% from March’s record low. The rally comes on the back of improved market sentiment, easing geopolitical worries, rising FII interest, and robust operational performance, boosting the renewable energy major’s market value sharply.
Trade Setup for April 15: Nifty holds 23,500 support but bulls aim for a retest of 24,000
Wednesday's session will see stocks like ICICI Prudential Life, ICICI Prudential AMC, Just Dial react to their quarterly results, while names like LG Electronics India, Bharat Coking Coal, and Rubicon Research see their respective shareholder lock-ins end.
Sensex Today | Stock Market LIVE Updates: GIFT Nifty trades over 300 points lower; Brent at $102/bbl
Sensex Today | Stock Market LIVE Updates: Barring Monday, the Nifty has not made a low below 23,500 last week, making it a key level for the index. The Nifty Bank surged nearly 4,500 points last week, and the 55,000 level on the downside will be watched here too.