Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Info Edge shares tumble 4% despite 22% jump in Q4 net profit; revenue up 16%
Info Edge shares saw a dip on Monday even as the company announced strong financial results. Net profit for the March quarter rose 22 percent year-on-year. Revenue also climbed 16 percent. The company recommended a final dividend. Its recruitment business showed robust growth. AI integration is a key focus for future development.
WeWork India's revenue rises 23% in FY26 as flex workspace demand surges
WeWork India achieved Rs 2,477.4 crore revenue in FY2025-26, a 23.4% increase. The company expanded its footprint to 8.6 million sq ft across 76 centres. Portfolio occupancy reached an all-time high of 86.9%. WeWork India also became net debt negative for the first time. Enterprises drove 77% of core revenue in Q4 FY26. The company is well-positioned for future growth.
Elon Musk hiring engineers for SpaceXAI, says no prior AI experience needed: ‘Smart humans figure it out fast’
SpaceX CEO Elon Musk has launched a hiring push for “world-class engineers/physicists” for SpaceXAI, saying applicants do not need prior AI experience. The move signals SpaceX’s growing focus on artificial intelligence across rockets, Starlink and future autonomous systems.
HSBC highlights two Indian 'forgotten gems' beyond the AI trade for up to 68% upside
Godrej Properties’ aggressive focus on building future projects positions it well for market share gains, with strong deliveries expected to improve profitability, collections and cash flows. HSBC added that the stock trades at a 14% discount to its June 2026 NAV estimate.
ET Alpha Wealth Summit 2026: Decoding the future of Indian stock market in uncertain times
Indian investors navigate a complex wealth creation landscape. Geopolitical shifts and rapid AI adoption demand new strategies. The ET Alpha Wealth Summit 2026 on June 4 in Mumbai will gather top minds. Discussions will focus on AI, private markets, and global capital flows. Learn how to build resilient portfolios and identify future opportunities.
Amber Enterprises shares crash 18% after Q4 results. What's spooking investors?
Amber Enterprises shares plunged almost 18% on Monday. This followed the company's January-March quarter results. Net profit rose 15% year-on-year to Rs 134 crore. Revenue grew over 10% to Rs 4,148 crore. However, adjusted profit after tax declined significantly due to JV losses. The company anticipates future margin pressure.
Open to 4-5 acquisitions, but at sensible valuations: Ameera Shah, promoter and executive chairperson, Metropolis Healthcare
Metropolis Healthcare is set for its next growth phase. The diagnostic chain will focus on genomics and specialty diagnostics. Strategic acquisitions will also play a key role. The company aims to expand services beyond pathology. This strategy will drive future growth and strengthen its market position.
NASA's Artemis III To Focus On Space Docking Tests Before Artemis IV's Human Moon Landing Mission
NASA's Artemis III mission's objective is to test certain key systems needed for future landings on the Moon.
Eli Lilly brings monthly Alzheimer's therapy donanemab to India at ₹91,688 per vial
Eli Lilly is making Alzheimer's a major focus for its future innovations. The company is also expanding its specialty medicine offerings in India. Eli Lilly has launched Lormalzi, a new monthly treatment for early Alzheimer's disease. This drug targets amyloid plaques. It will be available in India this month. The treatment costs 91,688 rupees per vial.
Cipla Q4 profit drops 55% to Rs 555 crore; board recommends Rs 13 dividend
Cipla's fourth-quarter net profit saw a significant drop of 55 percent year-on-year. For the full financial year, the company's profit also declined. Despite these figures, key therapies and trade generics business showed strong growth. The company plans to focus on expanding its markets and developing its future pipeline. A final dividend of Rs 13 per equity share has been recommended.
Maruti Suzuki selects 6 start-ups to co-create new-age tech-based biz solutions
Maruti Suzuki India has chosen six startups for its accelerator program. These companies will develop new technology solutions. The focus is on improving plant safety and efficiency. Product development time will be reduced. Material traceability will be strengthened. Customer engagement will also be enhanced. This collaboration aims to modernize operations and prepare for the future.
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.