Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Stock Alert: APSEZ, Infosys, Dhanuka Agritech, Concord Biotech, Mufin Green Finance, Canara Bank
Adani Ports & Special Economic Zone (APSEZ) handled cargo volumes of 48.3 million metric tonnes (MMT) in May, marking a 16% year-on-year increase, driven by strong growth across key ports and cargo segments. However, the company's logistics business witnessed a decline, with rail volumes falling 19% year-on-year to 48,170 TEUs during the month.
Alkem Labs sees Rs 930 crore block deal as promoter family entities pare stake; Goldman, Morgan Stanley among key buyers
Alkem Laboratories shares experienced significant block deals totaling Rs 930 crore. Promoter family entities divested shares to a group of domestic mutual funds and foreign institutional investors. This transaction occurred after a strong performance by Alkem Laboratories shares over the past year. The deal highlights continued institutional interest in the pharmaceutical sector.
Wockhardt shares pause massive 36% rally in 5 sessions; slip 7%. What’s behind the selloff?
Wockhardt shares dropped after a recent surge, as investors took profits. This followed the US FDA approval of ZAYNICH, an antibiotic for urinary tract infections. The company also reported a strong turnaround in its March quarter results. Revenue and profit saw significant year-on-year growth. Biotech operations were a key driver of this improved performance.
Shares to buy or sell: Chandan Taparia of Motilal Oswal recommends three stocks to buy today - 2 June 2026 - Mint
Shares to buy or sell: Chandan Taparia of Motilal Oswal recommends three stocks to buy today - 2 June 2026Mint
Leapfrog, IFC and NIIF eye ₹400 crore minority stake in Marengo Asia Healthcare
Marengo will likely use the proceeds to fund its next level growth phase, including inorganic growth plans and expanding its Gurgaon and Faridabad capacity
Ipca Labs Q4 aided by strong India business, export growth; ₹6 dividend declared
Ipca Laboratories reported healthy fourth-quarter growth in revenue and operating profit, supported by strong performance in domestic formulations and exports, while margins improved year-on-year on better operational performance.
Summer Is Blazing, But AC Sales? Not So Much
Major players including Voltas Ltd., Blue Star Ltd., Daikin India and Godrej Appliances are reporting sales growth of 15-20% compared to last year — far below industry expectations of 25-30%.
Lincoln Pharmaceuticals posts Rs 11.63 crore profit for Q4
Lincoln Pharmaceuticals announced a slight profit rise for the fourth quarter ending March 31, 2026. Full fiscal year 2025-26 saw over 6 percent growth in consolidated net profit. Revenue from operations also increased year-on-year. The company's board recommended an 18 percent dividend. Lincoln Pharmaceuticals targets Rs 1,000 crore revenue in three years.
Mukesh Ambani draws zero salary again: India's richest man forgoes paycheck for 6th straight year
Reliance Industries Chairman Mukesh Ambani did not take any salary in FY26, continuing a six-year trend. Reliance reported strong annual revenue growth despite profit decline in Q4, while Ambani’s children and senior executives received commissions and remuneration.
Himalaya Wealth launches ₹500 crore SME fund to back manufacturing, deeptech firms
The Category I AIF will target profitable growth-stage SMEs in sectors including aerospace, defence, industrial automation and healthcare, amid rising investor interest in manufacturing-led businesses.
Blue Jet Healthcare gains 8% post Q4; analysts split on near-term prospects
Emkay Global has retained its 'Reduce' rating, while Motilal Oswal has maintained its 'Buy' stance, reflecting contrasting expectations on recovery in key business segments and the margin trajectory
Shares to buy or sell: Chandan Taparia of Motilal Oswal recommends three stocks to buy today - 26 May 2026 - Mint
Shares to buy or sell: Chandan Taparia of Motilal Oswal recommends three stocks to buy today - 26 May 2026Mint