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Meesho shares gain as much as 8% after net loss narrows in Q4 but concerns remain
HSBC expects Meesho to significantly improve logistics costs over the long-term, although they are already are the lowest in the industry.
Coal India among 10 companies offering dividend yield of up to 11%. Check list here
SBI Securities' Dividend Yield Monitor highlights companies consistently rewarding shareholders. Allcargo Logistics leads with an 11.4% yield, followed by Premco Global at 10.5%. The report identifies ten companies, including Coal India, offering attractive dividend yields for income-focused investors.
BlackRock-backed GIP mulls IPOs for Pristine, Ascend at $500 mn valuations
BlackRock's Global Infrastructure Partners is exploring IPOs for Pristine Logistics and Ascend Telecom in India. The listing effort reflects both GIP's exit strategy following BlackRock's acquisition and India's accelerating infrastructure investment cycle.
Govt approves ₹23,437 crore railway expansion across 6 states
The Union Cabinet has approved three major railway projects costing over ₹23,000 crore. These projects will add nearly 900 km to the Indian Railways network. They aim to reduce traffic congestion and boost capacity. This will improve connectivity across several states. The enhancements will also support the transport of essential goods and reduce logistics costs.
Earnings likely to improve, but rising oil could hurt in short term: SBI Securities
Sunny Agarwal, Head of Fundamental Research, Retail Desk at SBI Securities, expects double-digit earnings recovery over FY27–28, despite near-term risks from crude-led margin pressure in Q1. He sees mid- and small-cap opportunities in hospitality, capital markets, and select banks, with improving return ratios. He also flags recovery in building materials and consumer staples, while infra push and regional growth could support sectors like cement and logistics.
Meesho shares jump 10% as JP Morgan initiates coverage with Rs 215 target price
Meesho shares surged nearly 10% after JP Morgan initiated coverage with an 'Overweight' rating and a Rs 215 price target. The brokerage highlighted Meesho's potential for significant EBITDA margin expansion and strong net merchandise value growth, driven by advertising monetization and improved logistics. JP Morgan forecasts substantial free cash flow recovery and anticipates market leadership to continue.
Q4 Results LIVE Updates: UTI AMC profit drops 73%; IEX operating profit up 23%
Q4 Results LIVE Updates: Infosys, LTIMindtree, IEX, Union Bank of India, Aditya Birla Sun Life AMC, Adani Energy Solutions, CIE India, Bluestone Jewellery, Mahindra Logistics, Tata Capital, Sterling & Wilson Renewables, Tata Teleservices (Maharashtra), and UTI AMC are among the important earnings to track today. The street will react to results reported by Trent, BCCL, and other companies as well. Watch this space for all the LIVE updates.
Stocks to Watch for April 24: Infosys, Tata Capital, LTM, Adani Energy Solutions, Cyient and more
Infosys, LTIMindtree, Tata Capital, Adani Energy Solutions, Cyient, Mahindra Logistics and Himadri Speciality Chemical post mixed Q4, key earnings from Reliance and others due April 24. Here are few stocks to keep an eye on ahead of Friday's trading session.
Retail sales in India up 10% year-on-year in March: RAI survey
Indian retail sales saw a 10% rise in March 2026. This marks a steady end to FY2026. Food, apparel, QSR, and jewellery performed strongly. Consumer durables faced challenges as people delayed large purchases. Rising costs for energy, logistics, and rent are affecting retailer profits. Consumers are shopping with more purpose.
Indian ports turning into logistics and industrial hubs, shipping secretary tells investors in Singapore
India's ports are becoming major logistics hubs. Cargo capacity has doubled and will reach 3,500 million tonnes per annum by 2030. The nation is also boosting its shipbuilding sector, aiming to be among the top five global shipbuilding nations by 2047. Investments are flowing into green port development and green fuel production.
Centre in talks with Assam Petrochemicals, others to secure methanol supply for pharma amid West Asia disruptions
India is working to secure methanol for its pharmaceutical sector. Global supply chains are facing disruptions due to the West Asia crisis. Discussions are underway with Assam Petrochemicals and GNFC to ensure adequate methanol availability. Efforts are also focused on logistics and supply chains.
Super Micro shares tank 14% after co-founder charged for smuggling Nvidia chips to China
The indictment order states that a South East Asian company, acting as a middleman, compiled fake paperwork to appear as if it will use those servers, and then had a separate logistics firm repackage the servers to conceal them before sending them to China.