PNB shares jump 4% after Q4 results but Jefferies, Motilal, other brokerages are cutting target prices; here's whyPunjab National Bank shares saw a significant jump on Wednesday. The lender reported a 14% rise in net profit for the fourth quarter of FY2...
Manappuram Finance shares fall 3% after Q4 earnings: Here's why Jefferies, other brokerages are bullishManappuram Finance shares dipped despite a strong Q4 FY26 profit, driven by a surge in gold loans. While brokerages like Jefferies turned b...
Tata Electronics' $30 billion fab bet; Ather's Q4 revenue surgeTata Electronics CEO Randhir Thakur lays out the group’s big swing in fabs, advanced packaging and more in an interaction with ET. This and...
Spirit Airlines shutdown flags wider risk for Indian IT firmsSpirit Airlines' closure and soaring jet fuel costs pose challenges for Indian IT services firm Coforge. Analysts warn of wider implication...
IDFC First Bank deposit growth returning to 20%, credit costs falling, no West Asia impact yet: V VaidyanathanIDFC First Bank's CEO V Vaidyanathan stated that the deliberate slowdown in deposit growth during Q4 was temporary and already reversing, w...
Shriram Finance shares tumble 4% despite strong Q4 results: Why Nomura, other brokerages maintain 'Buy' callShares of Shriram Finance fell nearly 4% on Monday despite strong Q4 FY26 results, including a 41% profit surge and healthy AUM growth. Glo...
CapEx vs OpEx: Key differences and how they impact profits, cash flow, and business growthIf you are confused by personal finance terms, jargon and calculations, here’s a series to simplify and deconstruct these for you. In the 1...
Tata Capital targets 23–25% loan growth through FY28, bets on GenAI and falling credit costs to boost returnsTata Capital anticipates strong performance in FY27, driven by growth, improved margins, and operating efficiency. The company has seen a c...
Union Bank of India shares fall 10% in two days after Q4 earnings. What's spooking investors?Union Bank of India shares fell sharply after its Q4FY26 results disappointed brokerages despite a rise in net profit. Weak NII, a sharp sp...
Transmission sector set for FY27 turnaround after five sluggish years, report says Rs 7.6 trillion opportunity aheadIndia's power transmission sector anticipates a strong recovery by FY27. Regulatory changes and new investment models will drive capital fl...
UGRO Capital is ditching low-yield lending; founder on plan to triple returns by FY29UGRO Capital has halted new loans in its low-yield, DSA-led book, a strategic pivot aimed at boosting profitability. This move, involving s...
ICICI Bank’s sharp drop in provisions signals strength; HDFC Bank treads carefully amid growth concerns: Dnyanada VaidyaICICI Bank surprised with a significant drop in provisioning, signaling improved asset quality and a strong recovery pipeline. In contrast,...
Yes Bank shares jump 3% after Q4 earnings beat estimates. Here's what Morgan Stanley, other brokerages sayYes Bank shares rose after reporting a strong March quarter with sharp growth in net profit and net interest income, alongside improved ass...
HDB Financial shares rally 12%. What Jefferies, Morgan Stanley analysts recommendHDB Financial Services surged over 12% after reporting strong Q4 FY26 results, with profit up 41% and NII rising 22%. Brokerages including ...
Housing finance stocks near inflection point, Bernstein picks 2 favouritesAffordable housing finance stocks are nearing a turning point. Bernstein highlights attractive valuations and improving growth and asset qu...
- Govt earmarks around Rs 260 cr for Olympic preparations
The government today announced that it has earmarked Rs 258.39 crore for the preparation of athletes for the London Olympics, under 'Projec...
- BSNL seeks Rs 15,873-cr aid for loss-making rural operations
State-run BSNL has written to the Telecom Ministry requesting a compensation of Rs 15,873 crore per annum from the USO Fund for its loss-ma...