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Qatar Holding sells 0.4% stake in Adani Energy; Birla MF buys for ₹644 cr
Qatar Holding LLC, an affiliate of the sovereign wealth fund Qatar Investment Authority, has sold 48.05 lakh shares of Adani Energy Solutions to Birla Mutual Fund for Rs 643 crore through open market transactions, according to data available on the BSE. Qatar Holding LLC offloaded 48,05,974 shares, representing a 0.40 per cent stake in Adani Energy Solutions, as per block deal data executed on Friday. The shares were disposed of at an average price of Rs 1,339 apiece, taking the deal value to Rs 643.52 crore. Meanwhile, Birla Mutual Fund acquired the same number of shares at the same price. Following the completion of the transaction, shares of Adani Energy Solutions on Friday rose 2.10 per cent to close at Rs 1,368 apiece on the BSE. Last month, Adani Energy Solutions posted a marginal rise of 1.3 per cent in its consolidated net profit at Rs 723 crore for the quarter ended March 2026, supported by a rise in revenues. The company had logged a net profit of Rs 714 crore in the ...
JK Cement Q4 Results: Revenue rises, but margin pressure weighs on profit
JK Cement reported lower fourth-quarter profit as margin pressure offset strong revenue and volume growth, while the company expanded capacity and announced a final dividend for FY26.
Ramco Cements Q4 profit beats Street, zooms 5x on exceptional items; declares ₹2.50 dividend
Revenue grew 9% to ₹2,606 crore, marginally lower than the estimated ₹2,599 crore. Shares of Ramco Cements Ltd ended at ₹914.15, up by ₹7.20, or 0.79%, on the BSE today, May 22.
Adani Energy sees ₹644 cr block deal; Birla MF takes 0.4% stake from Qatar Holding
Qatar Holding sold 0.4 percent in Adani Energy Solutions to Birla Mutual Fund for 644 crore, Adani Energy profit rose 5.7 percent, FY26 EBITDA and income hit record highs
JSW Cement shares gain 12% as Q4FY26 profit jumps to Rs 362 crore
JSW Cement shares soared over 11% following a remarkable Q4FY26 earnings report. The company posted a staggering 2,162% year-on-year profit jump, fueled by robust revenue growth and improved operational efficiencies. Strong sales volumes across cement and GGBS segments contributed to this impressive financial performance, prompting a dividend recommendation.
JSW Cement Q4 Results: Co reports profit of Rs 362 crore, declares Rs 0.5 dividend
JSW Cement reported a sharp jump in March-quarter earnings, driven by higher sales volumes and improved operational efficiencies. The company’s net profit soared 2,162% YoY to Rs 362 crore from Rs 16 crore a year earlier, aided by a low base due to a non-cash exceptional expense in the previous year.
Grasim Industries: ICICI Securities Raises Target Price After All-Round Q4 Beat — Check Upside
Grasim is expected to receive dividend of Rs 4,000 crore from its subsidiary, UltraTech Cement, during FY27.
JK Lakshmi Cement Q4 profit falls 23% as higher expenses weigh, declares dividend
JK Lakshmi Cement Ltd reported a 23.4% year-on-year decline in net profit for the fourth quarter of FY26 at ₹124.1 crore, compared with ₹175.7 crore in the corresponding quarter last year.
Grasim Q4 results: Standalone net loss narrows to ₹163 crore, revenue up 32% YoY; declares ₹10 dividend
Grasim Q4 results: Grasim Industries reported a standalone net loss of ₹163 crore for Q4 FY26, narrowing from ₹288 crore last year. Revenue rose 32% to ₹11,774 crore. Consolidated net profit increased 30.87% to ₹1,957.74 crore, with a total revenue of ₹51,101.11 crore for FY26.
Birla Corporation Q4 results: Cons PAT jumps 14% despite marginal revenue uptick; Rs 12.50/share dividend announced
Birla Corporation witnessed a robust financial performance, with its March-ended quarter net profit soaring 15% year-on-year to Rs 295 crore. Revenue saw a modest 0.8% increase to Rs 2,836 crore. The company also recommended a dividend of Rs 12.50 per share. Full-year profit surged 89% to Rs 558 crore, with a notable reduction in its debt-to-equity ratio.
Aditya Birla Sun Life AMC joins Category III AIF rush with ₹2,000 crore fund
This follows growing investor appetite for Category III AIFs, which are increasingly being used by asset managers and wealth firms to offer hedge fund-like public market products to high-net-worth individuals (HNIs), ultra-HNIs and family offices.
Shree Cement shares jump 4% even as Q4 profit drops 8%. Why Nomura, Elara, other brokerages remain bullish
Shree Cement shares rose nearly 4% despite an 8% dip in Q4 FY26 net profit to Rs 526 crore. Revenue, however, climbed 10% to Rs 6,1010 crore, with sales volumes showing significant year-on-year and quarter-on-quarter growth. Brokerages remain bullish, citing strong volume growth and dividend payouts.