Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Bajaj Life Insurance CIO sees tactical IT opportunity amid macro uncertainty
Srinivas Rao Ravuri, CIO of Bajaj Life Insurance, said IT stocks are emerging as a tactical play as rupee weakness boosts earnings visibility despite global macro concerns. He expects large IT firms to deliver over 10% earnings growth this year, aided by currency tailwinds. Ravuri also remains positive on domestic sectors like financials, autos and consumer durables, while warning that war-led input cost pressures and supply disruptions could weigh on corporate earnings in the coming quarters.
Advent acquires minority stake in Iscon Balaji Foods
Global private equity firm Advent International is injecting $150 million into Iscon Balaji Foods, a prominent Indian frozen potato product maker. This investment, part of a larger $215 million funding round, will fuel IBF's expansion into new global markets and bolster its manufacturing capabilities. Advent aims to accelerate the company's growth alongside its founder and management team.
Q4 Results LIVE Updates: IOC, Astral, Afcons react to earnings; BPCL, BEL report today
Q4 Results LIVE Updates: BPCL, Zydus Life, BEL, BLS International, Dhanuka Agri, Dredging Corp, Eureka Forbes, Hatsun Agro, Healthcare Global, J Kumar Infra, PI Industries, PNC Infratech, Prince Pipes, Safari Industries, RITES, Trident, Zee Entertainment, Shaily Engineering are among the other important numbers to track today along with result reactions from IOC, IGL, Afcons, Astral and many others. Stay tuned for all the live result reactions right here.
Stocks in news: Adani Enterprises, Tata Motors PV, Tata Steel, Jio Financial, ITC Hotels
Markets extended their rebound for a second consecutive session on Thursday, buoyed by supportive global cues and selective buying in heavyweight stocks. Banking majors played a crucial role in the relief rally, while IT stocks remained under pressure. Several companies, including Adani Enterprises, Tata Motors PV, and JSW Steel, were in focus due to significant block deals and financial results.
Henkel to end Pril, Fa licensing deal with Jyothy Labs after 15 years
Jyothy Labs will see its partnership with global firm Henkel conclude after May 31. Licensing agreements for Pril dishwashing and Fa personal care brands will not be renewed. While this may impact near-term revenue and margins, Jyothy Labs' diversified portfolio and strong distribution network are expected to ensure long-term business stability.
Godrej Properties hopes for strong performance in FY27, aims 14% rise in pre-sales: Pirojsha
Godrej Properties aims for a 14 percent growth in pre-sales this fiscal year, targeting Rs 39,000 crore. Strong consumer demand for homes fuels this ambitious goal. The company is confident in meeting this target despite global uncertainties. Godrej Properties is also focused on collecting Rs 24,000 crore from customers and acquiring new land parcels.
Dabur Q4 Results: Cons PAT rises 15% YoY to Rs 369 crore, revenue up 7%; Rs 5.50 per share dividend announced
Dabur India reported robust fourth-quarter earnings growth driven by strong domestic FMCG demand, healthy volume expansion and broad-based category performance. The company announced a final dividend while highlighting resilience amid global inflationary pressures and geopolitical challenges affecting international business operations during the quarter.
Stocks in news: BSE, Britannia, Paytm, Meesho, RIL
Indian markets showed resilience, climbing despite volatility, buoyed by positive global trends and falling crude oil prices. Analysts anticipate further gains, targeting 24,550 and 24,750. Key companies like BSE, Britannia, and Paytm are in focus due to quarterly results and significant news, including Zee Entertainment's lawsuit and Hyundai's commitment to India.
Marico eyes ₹20k cr revenue by FY30, bets on new growth levers
Marico is targeting ₹15,000 crore revenue by FY27 and ₹20,000 crore by FY30, driven by premiumisation, packaged foods, and global expansion. Strong volume growth, wellness trends, and digital-led plays in markets like Vietnam are key to its next phase of growth.
Mcap of 4 most valued firms surges by ₹2.20 trn, Reliance biggest winner
The combined market valuation of four of the top-10 most valued firms surged by Rs 2.20 lakh crore in a holiday-shortened last week, with Reliance Industries emerging as the biggest gainer. Last week, the BSE benchmark Sensex climbed 249.29 points or 0.32 per cent. "Markets ended the week with marginal gains, reflecting a volatile and range-bound trading environment amid mixed global and domestic cues," Ajit Mishra SVP, Research, Religare Broking Ltd, said. The week began on a positive note, supported by easing geopolitical tensions and steady progress in Q4 earnings, which lifted initial sentiment, he said. However, gains were gradually capped by rising crude oil prices, weak cues from Asian markets, and persistent foreign institutional investor (FII) outflows, Mishra added. While Reliance Industries, Bharti Airtel, Tata Consultancy Services (TCS) and Bajaj Finance were the gainers from the pack, HDFC Bank, State Bank of India, ICICI Bank, Larsen & Toubro, Hindustan Unilever and
Mangalam Global Enterprise Receives In-Principle Approval for ESOP Listing of 33,00,000 Equity Shares - scanx.trade
Mangalam Global Enterprise Receives In-Principle Approval for ESOP Listing of 33,00,000 Equity Sharesscanx.trade
Herjit Bhalla takes over as CEO of Dabur
Dabur India has appointed Herjit S. Bhalla as its new chief executive officer for the India business. This change is effective April 23, 2026. Mohit Malhotra will now serve as the global chief executive officer. Bhalla previously held a senior role at Hershey Company. This leadership transition follows a trend of executive changes across various consumer companies in India.