The Indian market ended higher for a sixth straight session on Monday, lifted by financial stocks after the Reserve Bank of India introduced relief measures for exporters facing tariff pressure. Optimism around second quarter earnings continued to support broader risk appetite.The S&P BSE Sensex rose 388 points, or 0.46%, to close at 84,950.95. The NSE […]
Aditya Birla Group company UltaTech Cements has announced its results for the quarter ended September 2025, registering an impressive 75.2% year-on-year increase to Rs 1,232 crore, while net sales rose 21.3% year-on-year. Net sales stood at Rs 19,371 crore in Q2FY26, compared to Rs 15,967 crore in the same quarter last year. UltraTech Cement reported […]
India Cements Ltd (ICL), now part of the Aditya Birla Group firm, on Friday reported a consolidated net profit of Rs 8.81 crore in the September quarter of FY26. ICL’s board has approved an investment of Rs 2,014 crore, including an equity investment of Rs 1,574 crore for modernization and Rs 440 crore for capacity […]
Only one day after HSBC has upgraded Indian shares to ‘overweight’ of ‘neutral’ after attractive valuations, supporting government policy and resilient domestic streams, the broker has now said that foreign institutional investors (FIIs) will probably make a comeback after a long -term absence of 12 months. To take advantage of this trend, HSBC has mentioned […]
In an exclusive interaction with Etrarkets, Rajesh Palviya, Senior Vice President – Research (Head Technical & Derivatives), Axis Securities, that the upcoming GST rationalization will probably activate a strong consumption boost on important segments. According to him, companies such as Dabur, Marico, Trent and Select Cement are names that benefit meaningfully from the expected demand […]
The Indian market ended higher on Thursday, with the Sesex and Nifty that expanded profit for a third consecutive session after the American Federal Reserve has spoken by 0.25% to support its labor market. Sentiment was also encouraged by recent tax reforms for goods and services and progress in trade discussions between India and the […]
The Indian market ended higher on Thursday after the government had cut off on a series of goods in a revision for goods and services (GST), aimed at stimulating consumption prior to the holidays and the compensatory pressure of steep American rates. The NSE Nifty provided 19.25 points, or 0.08%, to end at 24.734.30, while […]
Grasim Industries Friday reported a 32% on the annual jump in consolidated profit on RS 1,419 Crore for the quarter of June, helped by the performance of its companies for chemicals and building materials. The consolidated turnover for the period increased by 16% in the year to RS 40,118 Crore. Consolidated income before interest, tax, […]