πŸ“° Latest Economy & Stock Market News
Aurum PropTech crosses Rs 500 crore annualised recurring revenue
Updated at : 2026-04-23 22:25:01

Aurum PropTech reported strong revenue growth and crossed a major ARR milestone while posting consecutive profitable quarters. Margin expansion, improved unit economics, and platform scaling supported performance despite ongoing investments and acquisitions across its proptech ecosystem

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US stocks: American Airlines dims 2026 forecast as high fuel costs hurt margins
Updated at : 2026-04-23 22:20:02

American Airlines cut its 2026 profit forecast on Thursday, pushing the lower-end of the range to a loss, as sky-high jet fuel costs driven by the Iran war hurt profit margins.

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Market Trading Guide: Buy Dr Reddy’s Laboratories and Solar Industries on Friday for gains up to 14%
Updated at : 2026-04-23 21:20:02

Nifty extended losses amid weakness in key sectors, facing resistance near moving averages. Analysts highlight a crucial trading range for direction while recommending select stocks showing bullish breakouts, strong momentum, and accumulation supported by rising volumes

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US stocks today: US market slips on Middle East impasse, mixed earnings
Updated at : 2026-04-23 20:30:02

U.S. stock indexes opened lower on Thursday as investors remained cautious amid uncertainty surrounding the U.S.-Iran conflict. Mixed corporate earnings reports also contributed to the subdued market sentiment, with the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all experiencing declines at the opening bell.

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IEX Q4 results: Cons PAT rises 11% to Rs 130 crore, revenue up 13% on record electricity volumes
Updated at : 2026-04-23 20:25:02

Indian Energy Exchange delivered steady quarterly growth driven by record electricity trading volumes, improving revenue and profit, alongside strong yearly performance supported by higher supply liquidity and expansion across power, gas and renewable certificate markets

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Cyient approves Rs 720 crore share buyback as Q4 profit falls sharply. Check premium
Updated at : 2026-04-23 20:20:01

Cyient approved a share buyback while reporting a sharp decline in quarterly profit due to one time charges, even as revenue remained strong, reflecting resilient operations and continued investments despite earnings pressure

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L&T Tech Q4 Results: Profit jumps 24% YoY to Rs 347 crore; co declares Rs 40 dividend
Updated at : 2026-04-23 19:25:02

L&T Technology Services posted strong profit growth with improved margins, driven by portfolio restructuring and focus on high value engineering and ai services, alongside steady deal wins and stable demand across segments

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SW Solar Q4 Results: Cons profit surge 143% YoY despite 23% revenue decline
Updated at : 2026-04-23 16:50:02

Sterling and Wilson Renewable Energy reported a 143% jump in Q4 net profit to Rs 135 crore, but revenue declined 23% year-on-year to Rs 1,946 crore, indicating improved profitability despite lower sales.

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