Market News
Stay updated with the latest market trends, earnings, and economic indicators.
India's Fuel Exports Fall To Near Four-Year Low As US-Iran War Disrupts Energy Trade
India's refiners reduced fuel exports amid Strait of Hormuz disruptions, rising LPG production and efforts to safeguard local supplies.
Indian firms beat fourth-quarter estimates, but Iran war dims outlook
Indian companies posted a surprise earnings beat for the three months ended March, as domestic activity hummed along boosted by consumption tax cuts and easy monetary policy, but the Iran war-led energy shock is expected to weigh on profitability.
Energy stock Fujiyama Power Systems hits upper circuit following stock market rebound - Mint
Energy stock Fujiyama Power Systems hits upper circuit following stock market reboundMint
BofA prefers oil producers over refiners as crude prices stay elevated
Bharat Subramanian, Senior Analyst (Energy) at BofA Global Research, expects oil marketing companies to report negative marketing margins during the current year.
Inox Wind Ltd drops for fifth straight session
Inox Wind Ltd is quoting at Rs 83.16, down 0.81% on the day as on 13:19 IST on the NSE. The stock tumbled 53.48% in last one year as compared to a 4.38% slide in NIFTY and a 12.33% spurt in the Nifty Energy index.
Petronet LNG Ltd slips for fifth straight session
Petronet LNG Ltd is quoting at Rs 269.4, down 0.39% on the day as on 13:19 IST on the NSE. The stock tumbled 11.73% in last one year as compared to a 4.38% slide in NIFTY and a 12.33% spurt in the Nifty Energy index.
ACME Solar rallies 9%, hits record high; up 70% from Jan low; here's why
ACME Solar launched a QIP, with reports indicating a fundraise of up to ₹2,500 crore to support growth capex, renewable energy project expansion and balance sheet strengthening.
ACME Solar share price jumps 3% as firm launches QIP at ₹294.13 floor price
ACME Solar Holdings share price increased over 3% on June 2 after announcing a Qualified Institutional Placement (QIP) with a floor price of ₹294.13. The company aims to raise capital from institutional investors as it expands its renewable energy portfolio.
Renaissance Investment CIO sees value in IT, autos and financials
Pankaj Murarka, CEO & CIO of Renaissance Investment Managers, says the global AI investment boom could benefit Indian IT services as enterprise adoption rises. He believes fear-driven selling in IT stocks is fading and sees value emerging in the sector. Murarka is also positive on autos, EV-linked themes, energy and financials over the medium term, while cautioning that some AI and power infrastructure stocks are difficult to justify on traditional valuations.
Strong earnings: Vedanta, JSW Steel among 10 largecaps that reported best Q4 results
Indian markets conclude the Q4 earnings season with robust results. Vedanta, JSW Steel, Muthoot Finance, Indian Oil Corporation, Tata Steel, Hindustan Zinc, Samvardhana Motherson, Mahindra & Mahindra, Siemens Energy, and BPCL reported significant year-on-year growth in profits and revenues. This widespread outperformance across various sectors signals a strong financial performance for these large-cap companies.
'A decadal growth opportunity' - Nomura highlights five data center product categories and its stock picks
Nomura said the competitive landscape in India is consolidated and pricing is disciplined. It said players such as ABB India, Siemens, Hitachi Energy, GE Vernova, CG Power, Cummins, among others, act as oligopolistic suppliers across multiple sub-categories.
Stock Picks Today: Dixon Tech, Natco Pharma, Ather Energy, NMDC And More On Brokerages' Radar
Brokerages' Radar