Aditya Birla Sun Life AMC reported an 18% year-on-year decline in Q4 profit, even as revenue saw modest growth. The company announced a Rs 25.50 dividend per share. Despite weak earnings and higher expenses, the stock gained nearly 6%, supported by investor sentiment and stable AUM performance.
Maharashtra is preparing an IPO for its power distribution arm MSEDCL, aiming to raise $500 million to $1 billion. The move, supported by balance sheet restructuring and business separation, could mark a rare listing in the sector and test reforms in India’s loss-making electricity distribution industry amid improving financial performance.
The ongoing US-Iran conflict has roiled global markets, but a few traders have made outsized gains by placing timely bets in stocks, oil futures, and betting platforms just before key announcements. At least six such instances have raised concerns over possible insider trading, as these trades occurred minutes before major decisions became public.
Netflix on Thursday said its board authorized an additional $25 billion share repurchase program, on top of a buyback approved in December 2024, with no expiration date.
The Indian rupee fell for the fourth consecutive session on Thursday, its longest losing streak since mid-January, as stalled peace talks between the U.S. and Iran lifted oil prices over $100 per barrel.
Thirteen stocks have defied the broader market slump in 2026, surging up to 180% in just four months, with two turning multibaggers despite weak headline indices.
European shares edged lower on Thursday as escalating shipping concerns in the strategic Strait of Hormuz dampened investor sentiment, while market participants assessed a wave of corporate earnings reports.
Tata Teleservices Q4 Results: Revenue from operations fell 4% YoY to Rs 296 crore.
Arihant Capital Markets has launched the Arihant Bharat Advantage Fund, a Category III AIF focused on investing in high-potential companies beyond large caps. The fund aims to tap opportunities in under-researched small-, micro-, and nano-cap stocks, which make up nearly 86% of the listed market but receive limited institutional attention.
Trent Ltd. is entering a more measured growth phase after sharp expansion, with Q4 performance showing improved margins due to operational efficiency and a better brand mix. While Zudio continues its rapid store additions, declining revenue per square foot signals a potential plateau in margin expansion.
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