Market News

Hindustan Zinc signs MoU with Group Nirmal to set up wire manufacturing unit in Rajasthan

Hindustan Zinc is partnering with Group Nirmal to build a new zinc wire manufacturing facility in Rajasthan. This unit will produce high-grade zinc wire for key industries like infrastructure and automotive. The collaboration aims to boost domestic zinc manufacturing and support high-value industrial applications.

Ashok Kumar Panda takes charge as SAIL Chairman and MD

Ashok Kumar Panda is the new Chairman and Managing Director of SAIL. He previously served as Director (Finance) and Director (Commercial). Panda aims to expand SAIL's capacity to 35 million tonnes per annum. He emphasizes strengthening raw material security and market reach. His focus will be on value-added products and sustained value creation for the company.

Abakkus trims banking exposure, adds solar and power-linked capital goods stocks

Aman Chowhan, Fund Manager at Abakkus Asset Manager, which manages assets worth nearly $2.06 billion, said the sharp market rebound over the past few weeks has caught many investors by surprise, even as the fund stayed selectively bullish through the correction. The Mumbai-based AMC increased exposure to renewable energy, power-linked capital goods and select metal plays, while trimming some banking exposure. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.

V-Mart Retail Q4 profit sinks 39% despite revenue, margin growth; declares dividend

The board V-Mart Retail has recommended a dividend of 10% for FY2025-26. The dividend works out to ₹1 per equity share of face value ₹10 each. Shares of V-Mart Retail Ltd ended at ₹673, up by ₹23.20, or 3.57%, on the BSE today, May 7.

Tata Steel Share Price Live Updates: Tata Steel's beta value reveals market dynamics

Vedanta demerger sets stage for value unlocking, global scale: Chairman Anil Agarwal

Vedanta Limited is entering a new phase with its demerger effective May 2026, aiming to unlock value through independent businesses. Strong FY26 earnings, rising profits and expansion plans across segments position it for sustained long-term growth.

Vedanta demerger: How mutual funds are rebalancing after the five-way split

As Vedanta splits into five separate listed entities, the immediate focus has shifted from business fundamentals to the technical mechanics of fund rebalancing

Vedanta demerger: How the five-way split may solve debt concerns

Vedanta's five-way demerger is seen reducing debt, improving leverage and unlocking value across businesses, with stronger balance sheet visibility ahead

Vedanta demerger: How five new companies stack up against peers? Decoded

Vedanta's demerger is expected to improve transparency, enable focused capital allocation, and unlock value by allowing each business to be independently valued

Vedanta demerger done. Should investors buy or sell the stock now?

Vedanta shares adjusted sharply post demerger, reflecting exclusion of four business units. While strong Q4 earnings and broker targets indicate upside, analysts remain divided. Some recommend waiting for price discovery, while others see value driven by zinc business strength and improved corporate structure post demerger.

Vedanta's 65% share price crash an illusion, the stock is down just 5%. Here's why

Vedanta shares adjusted significantly post-demerger, appearing to crash but actually declining 5% as four entities (Aluminium, Power, Oil & Gas, Steel) were separated. This restructuring aims to unlock shareholder value by allowing independent businesses to be valued more fairly. The demerger, approved by NCLT, sees the base metals business remain with a restructured Vedanta, while new entities will list separately.

How much will Vedanta's share price fall after adjusting to demerger tomorrow? What experts say

Vedanta shares are poised for a significant adjustment tomorrow following a special pre-open session, with analysts projecting a price range of Rs 250-325 post-demerger. The company's restructuring will see shareholders receive one share each of four new entities for every Vedanta share held. This move aims to unlock value by separating its diverse business segments.