Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Amber faces near-term margin pain, but its changing revenue mix can be a saviour
Amber Enterprises posted 22% revenue growth in FY26, but rising input and labour costs are pressuring margins in its core consumer durables business, even as electronics emerges as a growth driver.
Amber Enterprises India Ltd Slips 1.83%
Amber Enterprises India Ltd has lost 11.89% over last one month compared to 4.77% fall in BSE Consumer Durables index and 3.89% drop in the SENSEX
Amber Enterprises share price target cut after biggest fall in four years
JPMorgan has cut Amber Enterprises' revenue estimates by 7% - 8% and margins by 50 basis points to 120 basis points, led by cuts in both consumer durables and electronics businesses, which drives the 12% - 36% estimated earnings per share (EPS) cuts over financial year 2027-2028.
Stocks in news: JSW Steel, ZEE, Adani Enterprises, Vodafone Idea, Eicher Motors
Indian markets saw a volatile Monday, ending nearly flat due to global weakness and economic worries. Analysts suggest Nifty is consolidating, with resistance at 23,800-24,000 and support near 23,150-23,300. Key companies like JSW Steel, ZEE, and Adani Enterprises are in focus. IOC reported a significant profit surge. Eicher Motors plans a new manufacturing plant.
SBI Life, Power Grid, consumer stocks: Why HDFC Securities' is buying into all three right now
Unmesh Sharma, Head of Institutional Equities, HDFC Securities, holds an overweight on SBI Life at 120 bps in his model portfolio. On IT, he has moved from underweight to neutral, calling valuations below 20x a buying opportunity. Private banks trading below 2x price-to-book are a strong aaccumulation he says. Consumer names — Asian Paints, Crompton, Sobha — are turning interesting after valuation correction. Power Grid Corporation carries a 2% overweight, with transmission its cleanest play on India's power theme.
Bajaj Electricals shares fall 8% after weak consumer products performance drags Q4 results
Bajaj Electricals posted a quarterly loss due to exceptional provisions amounting to ₹55.8 crore. This included an impairment charge of ₹26.4 crore related to goodwill of Nirlep and another ₹29 crore towards moulds and dies under property, plant and equipment (PPE).
Amber Enterprises shares down 16% after management guides for margin pressure
Growth in the consumer durable segment remained subdued during the quarter, while the electronics and railway sub-system businesses delivered strong performance.
NCLAT Upholds Separate Insolvency Processes For Videocon Industries, Videocon Oil Ventures
The appellate tribunal in its order said VIL and VOVL operate in starkly different sectors -- with VIL engaged in consumer electronics and VOVL in oil-related businesses -- making it impractical for a single entity to possess the expertise required to revive both operations effectively.
NCLAT upholds separate insolvency processes for Videocon Industries and Videocon Oil Ventures
The NCLAT has upheld separate insolvency proceedings for Videocon Industries Ltd (VIL) and Videocon Oil Ventures Ltd (VOVL), overturning an NCLT order that had clubbed the two cases. The tribunal emphasized the distinct business sectors of VIL (consumer electronics) and VOVL (oil) and the creditors' intent for independent resolutions, a decision rooted in commercial wisdom.
Jewellery brands rapidly expand footprint in leading malls
Jewellery stores are now major anchors in Indian malls, occupying nearly 10% of space. This trend is set to continue, reinforcing jewellery's status as a primary anchor. Unlike online sales, jewellery purchases remain experience-led and trust-driven. This shift is reshaping mall designs and consumer engagement strategies across metro and tier-2 cities.
Crompton Greaves Consumer Electricals posts sharp Q4 loss despite revenue growth
Crompton Greaves Consumer Electricals reported a standalone net loss of Rs 536.81 crore in Q4 FY26, compared with a net profit of Rs 170.54 crore in the corresponding quarter last year.
INR stays pressured amid elevated international oil prices
The Indian rupee slipped back and is hovering around record low levels in opening trades on Thursday as international oil prices ticked higher. INR opened at 95.74 per dollar and hit a low of 95.79 so far during the day. Yesterday, the unit hit an all-time low of 95.80 against the US dollar, and settled at 95.67 near its record closing low level amid elevated crude prices and West Asia geopolitical concerns. The rupee has become the worst-performing currency in Asia for the year, registering a loss of over 6 per cent so far this year, as elevated crude oil prices, a strong dollar and concerns regarding the West Asia crisis weighed on investor sentiments. Govt action of hiking import duties on gold and silver to 15 per cent failed to give much respite to the local unit. Moreover, Indias consumer price inflation in April rose for the sixth straight month to 3.48% from 3.40% in March. Food inflation, a key constituent of the countrys consumer price index, hit 4.2%, up from 3.87% in ...