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Dalmia Bharat buys Jaiprakash cement assets from Adani for Rs 2,850 crore
Dalmia Bharat is acquiring Jaiprakash Associates' cement business from Adani Group for ₹2,850 crore. This deal adds 5.2 million tonnes of cement capacity. The company is also expanding existing facilities. By FY28, Dalmia Bharat's total production capacity will reach 66.7 million tonnes. The transaction is expected to complete soon. This acquisition strengthens Dalmia Bharat's position as a pan-India player.
Electronics Mart Q4 Results: Strong sales growth aids profitability, margins expand
Electronics Mart, in its investor presentation, stated that at the end of the March quarter, it had over 200 stores in across more than 90 cities and it plans to expand into the western UP market. It has a total of over 1.94 million square feet of retail area.
ITC has paid dividends worth Rs 90 per share since 2020. Should you buy?
ITC has announced a final payout of Rs 8 per share for FY26, taking its total distribution since 2020 to Rs 90.5 per share. The FMCG giant has issued 32 payouts since 2001 and currently offers a 4.71% yield, with the latest payout subject to AGM approval.
Dalmia Bharat seals Rs 2,850 crore deal for JAL cement assets after Adani insolvency takeover
Dalmia Cement has acquired key cement assets from Jaiprakash Associates for ₹2,850 crore. This deal, facilitated by the Adani Group's insolvency resolution, strengthens Dalmia's presence in central India. The acquisition includes cement plants and power capacity, boosting Dalmia's total capacity significantly. This move accelerates expansion plans and provides faster market access.
ITC announces final dividend of Rs 8/share. Check record date and other details
Excerpt: ITC Limited’s board has recommended a final dividend of Rs 8 per share for FY26, with May 27 set as the record date. Alongside an interim payout, total dividend stands at Rs 14.50 per share. The FMCG major also reported a 5% rise in Q4 net profit and 17% revenue growth.
Q-comm sales for FMCG giants double this year
Quick commerce now represents 6% of FMCG sales, doubling from FY25, with Dabur and Britannia leading at 9% of total sales. This channel drives a significant majority of online sales for these companies, accounting for 75% and 70% respectively. Growth is linked to premium brands and impulse purchases, though Hindustan Unilever sees demand for daily essentials.
Huge potential to boost food, beverages exports to UAE: TPCI
India’s food and beverage exports to the UAE are poised for major growth, with current shipments valued at USD 3.6 billion compared to the UAE’s total imports of USD 22 billion. Holding a 10 percent market share, India is emerging as a trusted supplier of quality food products to the Gulf nation. Industry experts believe the India-UAE free trade agreement and the upcoming Indo-Food Park in Mumbai will further strengthen trade ties, enhance export infrastructure, and unlock new opportunities for Indian exporters in the UAE market.
Balrampur Chini Targets Rs 2,000 Crore Revenue From Bio-Plastic Plant Set To Be Operational In Third Quarter
Balrampur Chini posted a total revenue of around Rs 6,300 crore during the last fiscal. The full-year impact of this new PLA plant would be reflected in the 2027-28 fiscal.
Vishal Mega Mart Q4 Results: Net profit jumps 46%, margins contract slightly
Vishal Mega Mart operated 795 stores across 535 cities, covering a total retail area of 13.45 million square feet. The company said that it is closely monitoring the macroeconomic environment and evolving geopolitical developments.
Bonus issues, stock splits & dividends: SBI among 18 stocks turning ex-date this week. Do you own any?
A total of 18 stocks will turn ex-date for corporate actions like dividends and bonus issues next week, with prominent names including State Bank of India and Godrej Consumer Products. Investors must hold shares by the record date to be eligible for these benefits.
Britannia Inds Q4 PAT rises 21% YoY to Rs 678 cr
Britannia Industries' consolidated net profit increased 21.14% to Rs 678.34 crore on 6.46% jump in total revenue from operations to Rs 4,718.82 crore in Q4 FY26 over Q4 FY25.
Britannia shares fall 5%, among top broader market losers after Q4 earnings miss
Britannia shares worth ₹400 crore have already changed hands in the first hour of the trading session with over 43% of the total shares traded so far being marked for delivery.