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HFCL posts profit of over ₹184 crore in Q4 FY26
HFCL said improvement in financial performance was driven by a favourable shift in revenue mix towards products, an increasing share of exports, and improved realisations in high fiber-count optical fiber cables
Stocks to Watch Today, April 23: SBI Life, Trent, Tata Communications, Jio Financial, PNB and others - ET Now
Stocks to Watch Today, April 23: SBI Life, Trent, Tata Communications, Jio Financial, PNB and othersET Now
Tejas Networks share price crashes 6% as Tata group firm posts 5th straight quarterly loss in Q4
Tejas Networks said that its Q4 losses for FY26 came in at ₹211 crore as against ₹72 crore in the same period of the last fiscal. The company also posted losses of ₹193.8 crore in Q1FY26, ₹307.1 crore in Q2FY26 and ₹196.5 crore in Q4FY26, taking full financial year losses to ₹909 crore.
Q4 Results Today Live: Tejas Networks Net Loss Widens; HDB Financial Profit Surges, Declares Dividend
Major companies include HDB Financial Services, ICICI Lombard GIC, Elecon Engineering, Reliance Industrial Infrastructure and Tejas Networks.
Two key reasons prompt Jefferies to downgrade this stock with a 30% target cut
Despite a 30% reduction in tower additions during the first nine months of financial year 2026, Indus Towers' capex has increased by 38% from last year. Adjusting for the input tax credit reversal, that number is up 20%.
Bharti Airtel shares get an upgrade from Kotak to 'buy' for up to 26% upside
Lower capex over financial year 2026-2028 (21-22% of revenue compared to 30% historically) would drive deleveraging and increase shareholder payouts for Bharti Airtel, as per the Kotak note.
Vodafone Idea shares jump 5% as JSW, ST Telemedia eye stake in the telco
Vodafone Idea shares rose ahrply on Monday after ET reported that JSW Group and ST Telemedia are exploring a potential stake in the telecom operator. The discussions are exploratory, following government-backed financial relief, as Vi seeks strategic investors to strengthen capital and reduce spectrum liabilities.
JSW, ST Telemedia among firms eyeing stake in Vodafone Idea
Vodafone Idea is actively engaging with various investors, notably ST Telemedia and JSW Group, to explore a potential equity partnership. Following a recent financial boost from the Indian government, the company is eager to attract strategic backers who can provide much-needed capital for its ambitious 5G rollout.
EV cos take corporate route to amp up sales
Electric carmakers are aggressively targeting corporate buyers this month with substantial deals, including cash discounts and corporate perks up to ₹5.2 lakh. This push is driven by financial year-end tax planning, leveraging accelerated depreciation benefits of up to 40% on EVs. Automakers aim to boost sales and clear inventory while businesses seek to optimize taxable income before March 31.
Under scrutiny in India, Chinese electronics companies tap parents to keep going
Chinese electronics firms in India are leaning on their parent companies for financial aid. This support helps them navigate legal hurdles and regulatory issues. Companies like Vivo and Xiaomi are receiving backing through various financial instruments. This trend highlights the challenges faced by these businesses in the Indian market. Parent firms are providing crucial financial lifelines.
Vodafone Idea license fee may drop up to 65% after DoT reassessment: CNBC Awaaz Exclusive
Earlier this year, Vodafone Idea had said that the AGR dues of the company for the period from financial year 2006-2007 to financial year 2018-2019 will be frozen and paid in installments starting March 2026. More details on that here.
Gainers & Losers: Redington, Tejas Networks among 8 stocks in limelight on Friday
Nifty and Sensex tumbled sharply amid broad-based selling in auto, financial and FMCG stocks. Several counters including XTGlobal Infotech and Tejas Networks rallied, even as others declined on regulatory and deal-driven triggers.