Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Sony forecasts 11% rise in annual profit but lower sale
Sony anticipates a sales dip in its gaming division. This is due to fewer PlayStation 5 hardware sales as the console ages and increased memory chip costs. However, the company projects a profit increase driven by strong first-party game releases. Sony is also investing in its future gaming platform. The company plans a significant share buyback program.
Kissht parent OnEMI Tech shares soar 11% after strong D-Street debut. Should you buy, sell, or hold?
OnEMI Technology Solutions shares saw a strong debut, jumping 11% on their listing day. The company operates digital lending platforms Kissht and Ring. Analysts suggest caution due to potential volatility but highlight the company's customer base and technology. Strong financial growth and a large user base position it for future opportunities in India's credit market.
Thermax shares jump 8% as Q4 profit rises 19% YoY to Rs 244 crore; order book strengthens
Thermax shares experienced a significant jump, reaching a new 52-week high. This surge followed the company's strong Q4FY26 financial results. Robust revenue growth and a substantial increase in order inflows were key drivers. Investors also reacted positively to attractive dividend recommendations, including a special payout for the company's 60th anniversary. The company's order book shows strong future visibility.
Britannia shares fall 5% despite decent Q4 show. Do Morgan Stanley, Nomura see any upside?
Britannia Industries shares dropped significantly even as the company reported a profit increase. The FMCG major's fourth-quarter earnings missed analyst expectations for revenue and volume growth. Supply disruptions in international business due to the West Asia conflict impacted March sales. Despite this, the company sees traction in e-commerce and premium products. Analysts maintain mixed views on the stock's future performance.
OnEMI Technology shares to list today. GMP signals at one of the strongest debuts in recent past
OnEMI Technology Solutions, the company behind Kissht, is poised for its stock market debut. Grey market trends suggest a strong listing, with shares expected to trade above the issue price. The IPO saw significant demand, particularly from institutional investors. Proceeds will bolster the company's NBFC subsidiary for future loan growth. Investors anticipate a successful debut for this fintech player.
'It Was Just The Beginning': Operation Sindoor's Team Sends Strong Message To Pakistan
Marking one year of Operation Sindoor in Jaipur, top Indian military commanders warned Pakistan and terror groups of a stronger response to future provocations, asserting India’s fight
RBI clears Kotak Mahindra Bank to buy up to 9.99% in Federal Bank
The Reserve Bank of India has approved Kotak Mahindra Bank to acquire up to 9.99% of Federal Bank's share capital. This move positions Kotak Mahindra Bank as a potentially significant institutional shareholder in the Kerala-based lender. Investors will now monitor future disclosures to track the progress of this strategic stake acquisition.
Vedanta dividend: How the mega demerger will impact payout for 21 lakh shareholders?
Vedanta's mega demerger has spun off four new companies, impacting dividend payouts for its 21 lakh shareholders. While the parent company is expected to remain dividend-paying, its absolute dividend per share will likely decline. Investors will now need to assess each demerged entity's cash flow and growth plans for future income.
Rs 1 lakh to Rs 14 crore in 24 years! Hindustan Zinc delivers 1,400x returns since Vedanta’s purchase
Hindustan Zinc has delivered exceptional returns of 1,400 times since Vedanta acquired it in 2002. An initial investment of Rs 1 lakh has grown to Rs 14 crore over 24 years. The company's operational and financial performance has seen significant growth. Brokerages remain positive on its future prospects.
Powering the future: Four ancillary stocks driving India’s energy infrastructure boom - Mint
Powering the future: Four ancillary stocks driving India’s energy infrastructure boomMint
Apple to invest Rs 100 crore in India renewable energy expansion
Apple is investing Rs 100 crore in India to boost green energy. The company is partnering to develop over 150 MW of renewable capacity. Initiatives also focus on reducing plastic pollution through recycling and supporting green startups. This expands Apple's commitment to India's environmental future and innovation.
Hindustan Zinc to evolve from silver, zinc to multiple critical minerals, says Chairperson Priya Agarwal Hebbar
Hindustan Zinc is transforming into a multi-metal and critical minerals platform, aiming to reduce India's import dependence. The company achieved record mined and refined zinc production in FY25-26, alongside significant silver output. This strategic shift, driven by operational discipline and cost efficiency, reinforces its position as a key contributor to India's self-sufficiency and future growth.