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EBITDA REDUCTION
Anil Agarwal bets $20 billion on aluminium, steel, and zinc, and says Vedanta is only getting startedVedanta Group Chairman Anil Agarwal announced a $20 billion capital expenditure plan over three years, aiming to triple group businesses. T...
Utkal Speciality Industries IPO: Check GMP, price band, subscription and other detailsUtkal Speciality Industries India's IPO opens Wednesday, aiming to raise Rs 34.5 crore with shares priced between Rs 62-66. The SME issue, ...
Hospital expansion cycle to keep margins rangebound, but 18 per cent revenue growth trend likely to sustain: Kotak SecuritiesIndian hospitals are set for strong revenue growth. Brokerage firm Kotak Securities predicts double-digit gains. EBITDA margins are expecte...
Cement firms do well amid strain, but face capacity testCement companies saw strong volume growth in Q4 FY26, fueled by construction and government spending. Despite rising costs impacting margin...
Morgan Stanley sees Reliance Industries’ AI, new energy bets powering next growth chapters. Here’s whyMorgan Stanley believes Reliance Industries has entered its fifth monetisation cycle, with artificial intelligence infrastructure and new e...
IndiGo soars 5% after Q4 results. What Goldman Sachs, Jefferies and others are sayingIndiGo's shares surged despite a Q4 FY26 net loss of Rs 2,536 crore, driven by Middle East conflict disruptions. Analysts remain largely po...
Senco witnesses 6% drop in gold sales; customers bullish on silver, diamondSenco Gold saw gold volumes decrease by 6% in FY26. However, silver and diamond sales increased significantly. The company achieved its hig...
Vacancy levels in India’s commercial office space to drop 50 bps this fiscalIndia's Grade A commercial office space vacancy is projected to decrease by 50 basis points to 15.5-16.0% this fiscal, driven by healthy ne...
Udaan in talks to raise $50-60 million from existing backers Lightspeed, M&G: sourcesThe Bengaluru-based company had closed a $114 million funding round last June led by the two investors. The new round is being negotiated a...
Vedanta Resources looking to rejig $5.5 bn holdco debt in one goAnil Agarwal's Vedanta Resources Ltd is in talks with global banks to refinance its $5.25-5.5 billion debt. The company aims to raise $3.5-...
Ola Electric Mobility shares fall 4% even as Q4 net loss shrinks 42% YoY to Rs 500 croreOla Electric shares dropped after the company reported a Rs 500 crore net loss for the March quarter. Revenue also saw a significant declin...
Ola Electric Q4 Results: Net loss contracts 42% YoY to Rs 500 crore, revenue tanks 57%Ola Electric Q4 Results: Pure-play electric two-wheeler maker Ola Electric Mobility reported a consolidated net loss of Rs 500 crore for th...
PI Industries shares tumble 7% after Q4 profit drops 39% YoY to Rs 200 crorePI Industries shares fell sharply on Wednesday after the company reported a 39% YoY drop in Q4FY26 net profit to Rs 200 crore, along with w...
Hindalco shares rise 2% on Novelis' upbeat commentary; US arm reports $84 million net lossHindalco shares gained 2% after US arm Novelis plans to reopen its Oswego hot mill sooner than anticipated, despite a higher projected cash...
Novelis sees bigger cash flow hit from Oswego fire, posts $84m lossNovelis anticipates a greater impact on its cash flows due to fires at its Oswego unit. The company will, however, restart the hot mill ahe...
BSE shares jump over 7% in two days on likely Nifty50 inclusion; IT major Wipro to make wayBSE shares rose sharply on Tuesday on expectations of replacing Wipro in the Nifty50 during the September rejig. The rally comes after stro...
Puravankara shares surge 13% after Q4FY26 turnaround; reports Rs 114 crore profitPuravankara shares surged over 12% following a strong Q4FY26 turnaround, with net profit reaching Rs 114.2 crore against a prior year loss....
JLR readies recovery plan to get fit for new 'world order'Jaguar Land Rover is implementing a three-part recovery plan following its worst annual net loss in five years. The strategy targets reduci...
‘Europe will become irrelevant for us’: JSW Steel doubles down on India growth with massive capex planJSW Steel plans to double its capacity with minimal external capital, driven by strong domestic demand and a focus on maintaining market sh...
Kaynes Technology shares plunge 19%. Why JPMorgan, Nuvama downgraded the EMS stockKaynes Technology shares plunged after the company’s Q4 results disappointed investors on multiple fronts, including a revenue guidance mis...