The Indian rupee experienced its steepest single-day decline in a month, weakening by 0.5% to 84.8250 against the U.S. dollar, as escalating tensions between India and Pakistan weighed on investor sentiment. Geopolitical Impact on Currency Markets India’s Operation Sindoor, which targeted nine terror-linked sites in Pakistan and Pakistan-occupied Kashmir (PoK), has led to heightened concerns…
Dabur India Ltd, one of the country’s leading FMCG brands, has unveiled a refreshed growth strategy aimed at achieving double-digit revenue and profit growth by FY28. The company plans to modernize its product portfolio, expand premium offerings, and aggressively pursue mergers and acquisitions to strengthen its market position. Strategic Overhaul for Sustainable Growth Dabur’s seven-pronged…
Shares of KFin Technologies Ltd are under the spotlight as General Atlantic Singapore Fund Pte. Ltd, a key promoter, prepares to offload 6% of its stake in the financial services firm via block deals. Stake Sale Details Strong Q4 Performance KFin Technologies recently reported a 14.3% year-on-year (YoY) increase in consolidated net profit for Q4…
JM Financial has reiterated its ‘Buy’ rating on Coforge Ltd, raising its target price to ₹10,000, citing strong order book growth and robust revenue projections for FY26. Investment Rationale The brokerage firm highlighted Coforge’s record signed order book, which has increased 47.7% year-on-year (YoY). Management expects organic growth in FY26 to surpass FY25, driven by…
Shares of Symphony Ltd soared 12% intraday on Thursday following the company’s robust Q4 FY25 earnings, which showcased a 63% rise in consolidated profit after tax (PAT) to ₹79 crore, compared to ₹48 crore in Q4 FY24. Strong Financial Performance Symphony reported a 36% increase in consolidated revenue, reaching ₹1,576 crore, while standalone revenue surged…
Shares of Tata Motors rallied over 3% on Thursday, marking gains for a second consecutive session, as investor sentiment soared following reports of a potential trade agreement between the United States and the United Kingdom. Market Reaction and Stock Performance Tata Motors shares surged 3.45% to ₹704.00 apiece on the Bombay Stock Exchange (BSE), making…
Computer Age Management Services Ltd (CAMS) has reported a 10.1% year-on-year (YoY) increase in net profit, reaching ₹114 crore for the fourth quarter of FY25, compared to ₹103.5 crore in the same period last year. Financial Performance Market Leadership & Growth CAMS retained its market leadership in the mutual fund segment, holding a 68% share…
Hindustan Petroleum Corporation Limited (HPCL) has reported an 18% year-on-year (YoY) increase in standalone net profit, reaching ₹3,355 crore for the fourth quarter of FY25, compared to ₹2,843 crore in the same period last year. Financial Performance Stock Market Reaction Following the earnings announcement, HPCL shares closed 3% lower at ₹397.4 apiece on the Bombay…
State-owned Bank of Baroda (BoB) has reported a 3% year-on-year (YoY) increase in net profit, reaching ₹5,048 crore for the fourth quarter of FY25, compared to ₹4,886 crore in the same period last year. Financial Performance Dividend Announcement The bank’s board has recommended a dividend of ₹8.35 per equity share, subject to shareholder approval at…
Aarti Drugs Ltd has reported a strong financial performance for the fourth quarter of FY25, with net profit rising 32.7% year-on-year (YoY) to ₹62.9 crore, compared to ₹47.4 crore in the same period last year. Financial Highlights Stock Market Reaction Ahead of the earnings announcement, Aarti Drugs shares closed 1.87% lower at ₹349 on the…
