HDFC Bank shares fall 5% in two sessions; lender responds to recent Rs 45 crore differential payment report
https://economictimes.indiatimes.com/markets/stocks/news/hdfc-bank-shares-fall-5-in-two-sessions-lender-responds-to-recent-rs-45-crore-differential-payment-report/articleshow/131382476.cms
HDFC Bank shares dropped for a second day following a report of an internal investigation into Rs 45 crore in payments disguised as marketing expenses. The bank clarified that its internal audit function conducts reviews, and observations are addressed.
https://economictimes.indiatimes.com/markets/stocks/news/hdfc-bank-shares-fall-5-in-two-sessions-lender-responds-to-recent-rs-45-crore-differential-payment-report/articleshow/131382476.cms
HDFC Bank shares dropped for a second day following a report of an internal investigation into Rs 45 crore in payments disguised as marketing expenses. The bank clarified that its internal audit function conducts reviews, and observations are addressed.
Delta Corp shares tank 16%. What’s triggering the sharp selloff?
https://economictimes.indiatimes.com/markets/stocks/news/delta-corp-shares-tank-16-whats-triggering-the-sharp-selloff/articleshow/131383077.cms
Shares of Delta Corp tumbled 16% after the Supreme Court upheld the government’s retrospective 28% GST levy on online gaming companies. The apex court ruled that online gaming platforms qualify as actionable claims under GST law and backed retrospective application of the amendments. Gaming firms had opposed the tax demand, arguing it contradicts decades of legal precedent distinguishing gaming from gambling.
https://economictimes.indiatimes.com/markets/stocks/news/delta-corp-shares-tank-16-whats-triggering-the-sharp-selloff/articleshow/131383077.cms
Shares of Delta Corp tumbled 16% after the Supreme Court upheld the government’s retrospective 28% GST levy on online gaming companies. The apex court ruled that online gaming platforms qualify as actionable claims under GST law and backed retrospective application of the amendments. Gaming firms had opposed the tax demand, arguing it contradicts decades of legal precedent distinguishing gaming from gambling.
Supriya Lifescience shares surge 17% on strong Q4 earnings; PAT rises 47% YoY
https://economictimes.indiatimes.com/markets/stocks/news/supriya-lifescience-shares-surge-17-on-strong-q4-earnings-pat-rises-47-yoy/articleshow/131383156.cms
Supriya Lifescience shares jumped over 16% after the company posted a strong Q4FY26 performance, with PAT rising 47% YoY and revenue surging 50%. Robust demand across therapeutic segments, improved capacity utilisation, and traction in regulated markets supported growth. The stock remains in an uptrend despite overbought technical indicators.
https://economictimes.indiatimes.com/markets/stocks/news/supriya-lifescience-shares-surge-17-on-strong-q4-earnings-pat-rises-47-yoy/articleshow/131383156.cms
Supriya Lifescience shares jumped over 16% after the company posted a strong Q4FY26 performance, with PAT rising 47% YoY and revenue surging 50%. Robust demand across therapeutic segments, improved capacity utilisation, and traction in regulated markets supported growth. The stock remains in an uptrend despite overbought technical indicators.
Vedanta shares jump 2% to hit fresh 52-week high. What’s behind the surge?
https://economictimes.indiatimes.com/markets/stocks/news/vedanta-shares-jump-2-to-hit-fresh-52-week-high-whats-behind-the-surge/articleshow/131383904.cms
Vedanta shares hit a fresh record high after ICRA upgraded the company’s long-term credit rating to AA+ with a stable outlook, marking its highest domestic rating in over a decade. The upgrade reflects stronger profitability, improving leverage metrics and expectations of continued healthy cash flow generation following the group’s ongoing demerger process.
https://economictimes.indiatimes.com/markets/stocks/news/vedanta-shares-jump-2-to-hit-fresh-52-week-high-whats-behind-the-surge/articleshow/131383904.cms
Vedanta shares hit a fresh record high after ICRA upgraded the company’s long-term credit rating to AA+ with a stable outlook, marking its highest domestic rating in over a decade. The upgrade reflects stronger profitability, improving leverage metrics and expectations of continued healthy cash flow generation following the group’s ongoing demerger process.
Nomura downgrades Cummins India shares to Neutral despite raising target price by 25%. Here’s why
https://economictimes.indiatimes.com/markets/stocks/news/nomura-downgrades-cummins-india-shares-to-neutral-despite-raising-target-price-by-25-heres-why/articleshow/131384323.cms
Nomura downgraded Cummins India to “Neutral” despite raising its target price by 25%, citing stretched valuations and near-term margin pressure from rising commodity costs. While the brokerage remains optimistic about long-term growth driven by data centres and emission norm upgrades, it believes the current valuation leaves limited room for further upside.
https://economictimes.indiatimes.com/markets/stocks/news/nomura-downgrades-cummins-india-shares-to-neutral-despite-raising-target-price-by-25-heres-why/articleshow/131384323.cms
Nomura downgraded Cummins India to “Neutral” despite raising its target price by 25%, citing stretched valuations and near-term margin pressure from rising commodity costs. While the brokerage remains optimistic about long-term growth driven by data centres and emission norm upgrades, it believes the current valuation leaves limited room for further upside.
PC Jeweller shares soar 14% on Q4 PAT jumps 58% YoY, strong management commentary
https://economictimes.indiatimes.com/markets/stocks/news/pc-jeweller-shares-soar-14-on-q4-pat-jumps-58-yoy-strong-management-commentary/articleshow/131384891.cms
Shares of PC Jeweller surged 14% after the company reported a 58% year-on-year rise in Q4 net profit to Rs 150 crore. Strong consumer demand and steady sales momentum boosted performance, with quarterly revenue climbing 33% to Rs 927 crore. For FY26, revenue jumped 49% to Rs 3,353 crore compared with the previous financial year.
https://economictimes.indiatimes.com/markets/stocks/news/pc-jeweller-shares-soar-14-on-q4-pat-jumps-58-yoy-strong-management-commentary/articleshow/131384891.cms
Shares of PC Jeweller surged 14% after the company reported a 58% year-on-year rise in Q4 net profit to Rs 150 crore. Strong consumer demand and steady sales momentum boosted performance, with quarterly revenue climbing 33% to Rs 927 crore. For FY26, revenue jumped 49% to Rs 3,353 crore compared with the previous financial year.
Multibaggers: 15 stocks with 25%+ sales and profit growth in Q4 March 2026
https://economictimes.indiatimes.com/markets/stocks/news/multibaggers-15-stocks-with-25-sales-and-profit-growth-in-q4-march-2026/slideshow/131385400.cms
ETMarkets analysis identified 15 multibagger stocks delivering 125%-617% returns within a year, backed by over 25% growth in sales and profits during the March 2026 quarter, signalling strong business momentum.
https://economictimes.indiatimes.com/markets/stocks/news/multibaggers-15-stocks-with-25-sales-and-profit-growth-in-q4-march-2026/slideshow/131385400.cms
ETMarkets analysis identified 15 multibagger stocks delivering 125%-617% returns within a year, backed by over 25% growth in sales and profits during the March 2026 quarter, signalling strong business momentum.
Ola Electric shares jump 9%, skyrocket 93% in 2 months. What's fuelling the rally?
https://economictimes.indiatimes.com/markets/stocks/news/ola-electric-shares-jump-9-skyrocket-93-in-2-months-whats-fuelling-the-rally/articleshow/131385689.cms
Ola Electric shares surged to a more than four-month high after the EV maker reported a narrower quarterly loss and showed signs of sequential improvement in volumes and market share. Brokerages remain cautious on the long-term recovery outlook, citing rising competition, execution challenges and the need for sustained operational improvements.
https://economictimes.indiatimes.com/markets/stocks/news/ola-electric-shares-jump-9-skyrocket-93-in-2-months-whats-fuelling-the-rally/articleshow/131385689.cms
Ola Electric shares surged to a more than four-month high after the EV maker reported a narrower quarterly loss and showed signs of sequential improvement in volumes and market share. Brokerages remain cautious on the long-term recovery outlook, citing rising competition, execution challenges and the need for sustained operational improvements.
HFCL shares soar 17% in two days, rally 170% in 2026. Should you buy, sell or hold?
https://economictimes.indiatimes.com/markets/stocks/news/hfcl-shares-soar-17-in-two-days-rally-170-in-2026-should-you-buy-sell-or-hold/articleshow/131386095.cms
HFCL shares have surged 17% in two days and an impressive 170% in 2026, driven by strong earnings recovery, major defence orders and growing demand for optical fibre amid the global AI boom. Analysts say the stock remains a high-risk, high-reward bet, with sustainability hinging on order momentum and execution strength.
https://economictimes.indiatimes.com/markets/stocks/news/hfcl-shares-soar-17-in-two-days-rally-170-in-2026-should-you-buy-sell-or-hold/articleshow/131386095.cms
HFCL shares have surged 17% in two days and an impressive 170% in 2026, driven by strong earnings recovery, major defence orders and growing demand for optical fibre amid the global AI boom. Analysts say the stock remains a high-risk, high-reward bet, with sustainability hinging on order momentum and execution strength.
Asian Paints Q4 Results: Net profit surges 69% YoY to Rs 1,172 crore, revenue rises 11%
https://economictimes.indiatimes.com/markets/stocks/earnings/asian-paints-q4-results-net-profit-surges-69-yoy-to-rs-1172-crore-revenue-rises-11/articleshow/131386151.cms
Asian Paints announced strong Q4 FY26 results. Net profit surged 69% to Rs 1,172 crore. Revenue from operations grew 11% to Rs 9,228.46 crore. The company also declared a final dividend of Rs 23 per share. For the full year FY26, net profit rose 18% to Rs 4,325.35 crore. Management highlighted double-digit growth in decorative and industrial businesses.
https://economictimes.indiatimes.com/markets/stocks/earnings/asian-paints-q4-results-net-profit-surges-69-yoy-to-rs-1172-crore-revenue-rises-11/articleshow/131386151.cms
Asian Paints announced strong Q4 FY26 results. Net profit surged 69% to Rs 1,172 crore. Revenue from operations grew 11% to Rs 9,228.46 crore. The company also declared a final dividend of Rs 23 per share. For the full year FY26, net profit rose 18% to Rs 4,325.35 crore. Management highlighted double-digit growth in decorative and industrial businesses.
Asian Paints' board announces Rs 23/share dividend, sets June 23 as record date
https://economictimes.indiatimes.com/markets/stocks/earnings/asian-paints-board-announces-rs-23/share-dividend-sets-june-23-as-record-date/articleshow/131386308.cms
Asian Paints Dividend: The company has fixed June 23, 2026, as the record date to determine shareholders eligible to receive the final dividend. Including the interim dividend of Rs 4.50 per share declared in November 2025, the total dividend payout for FY26 stands at Rs 27.50 per equity share.
https://economictimes.indiatimes.com/markets/stocks/earnings/asian-paints-board-announces-rs-23/share-dividend-sets-june-23-as-record-date/articleshow/131386308.cms
Asian Paints Dividend: The company has fixed June 23, 2026, as the record date to determine shareholders eligible to receive the final dividend. Including the interim dividend of Rs 4.50 per share declared in November 2025, the total dividend payout for FY26 stands at Rs 27.50 per equity share.
Netweb Technologies jumps 15%, hits fresh 52-week high after rating upgrade
https://economictimes.indiatimes.com/markets/stocks/news/netweb-technologies-jumps-15-hits-fresh-52-week-high-after-rating-upgrade/articleshow/131386573.cms
Netweb Technologies shares jumped over 15% to a fresh 52-week high. This rally follows a ratings upgrade by CRISIL Ratings Limited. The company's long-term rating moved to Crisil A+ Stable. CRISIL expects sustained revenue growth and steady operating margins. Efficient working capital management is also a positive factor. Netweb Technologies offers computing solutions with integrated design and manufacturing.
https://economictimes.indiatimes.com/markets/stocks/news/netweb-technologies-jumps-15-hits-fresh-52-week-high-after-rating-upgrade/articleshow/131386573.cms
Netweb Technologies shares jumped over 15% to a fresh 52-week high. This rally follows a ratings upgrade by CRISIL Ratings Limited. The company's long-term rating moved to Crisil A+ Stable. CRISIL expects sustained revenue growth and steady operating margins. Efficient working capital management is also a positive factor. Netweb Technologies offers computing solutions with integrated design and manufacturing.
Bank RoA to slip 10-15 bps to 1.15-1.2% this fiscal for 2 reasons: Crisil
https://economictimes.indiatimes.com/markets/stocks/news/bank-roa-to-slip-10-15-bps-to-1-15-1-2-this-fiscal-for-2-reasons-crisil/articleshow/131387319.cms
Indian banks’ RoA is expected to ease to 1.15–1.2% this fiscal from 1.3% last year, driven by lower treasury income and higher pre-emptive provisioning ahead of the ECL framework. Despite the dip, margins remain stable, and asset quality risks are contained, keeping overall profitability broadly resilient.
https://economictimes.indiatimes.com/markets/stocks/news/bank-roa-to-slip-10-15-bps-to-1-15-1-2-this-fiscal-for-2-reasons-crisil/articleshow/131387319.cms
Indian banks’ RoA is expected to ease to 1.15–1.2% this fiscal from 1.3% last year, driven by lower treasury income and higher pre-emptive provisioning ahead of the ECL framework. Despite the dip, margins remain stable, and asset quality risks are contained, keeping overall profitability broadly resilient.
Why stock market crashed today? Sensex sinks 1,100 points, Nifty below 23,550. 4 key factors
https://economictimes.indiatimes.com/markets/stocks/news/why-is-market-crashing-today-sensex-sinks-over-1100-points-nifty-below-23550-4-key-factors/articleshow/131387583.cms
Indian stock markets experienced a sharp downturn Friday, with Sensex and Nifty falling significantly due to persistent foreign investor selling and concerns over a predicted low monsoon. The IMD's forecast of below-normal rainfall and potential El Niño effects fueled inflation worries, impacting investor sentiment across Dalal Street.
https://economictimes.indiatimes.com/markets/stocks/news/why-is-market-crashing-today-sensex-sinks-over-1100-points-nifty-below-23550-4-key-factors/articleshow/131387583.cms
Indian stock markets experienced a sharp downturn Friday, with Sensex and Nifty falling significantly due to persistent foreign investor selling and concerns over a predicted low monsoon. The IMD's forecast of below-normal rainfall and potential El Niño effects fueled inflation worries, impacting investor sentiment across Dalal Street.
Natco Pharma shares crash 15% after weak Q4 results; net profit tanks 34% YoY
https://economictimes.indiatimes.com/markets/stocks/news/natco-pharma-shares-crash-15-after-weak-q4-results-net-profit-tanks-34-yoy/articleshow/131388521.cms
Natco Pharma shares plunged after the company reported a steep fall in fourth-quarter profit, revenue and EBITDA. Weak operating margins and lower annual earnings weighed on investor sentiment despite a one-time tax-related benefit recorded during the quarter and full financial year.
https://economictimes.indiatimes.com/markets/stocks/news/natco-pharma-shares-crash-15-after-weak-q4-results-net-profit-tanks-34-yoy/articleshow/131388521.cms
Natco Pharma shares plunged after the company reported a steep fall in fourth-quarter profit, revenue and EBITDA. Weak operating margins and lower annual earnings weighed on investor sentiment despite a one-time tax-related benefit recorded during the quarter and full financial year.
IndiGo Q4 Results: Co reports loss of Rs 2,536 crore vs profit a year ago
https://economictimes.indiatimes.com/markets/stocks/earnings/indigo-q4-results-co-reports-loss-of-rs-2536-crore-vs-profit-year-ago/articleshow/131389129.cms
IndiGo Q4 Results: Budget carrier IndiGo faced a tough fourth quarter in FY26, reporting a net loss of Rs 2,536 crore. Revenue saw a slight rise to Rs 22,438 crore. The airline navigated disruptions from the Middle East conflict and foreign exchange volatility. Despite these challenges, IndiGo maintained a strong balance sheet and liquidity.
https://economictimes.indiatimes.com/markets/stocks/earnings/indigo-q4-results-co-reports-loss-of-rs-2536-crore-vs-profit-year-ago/articleshow/131389129.cms
IndiGo Q4 Results: Budget carrier IndiGo faced a tough fourth quarter in FY26, reporting a net loss of Rs 2,536 crore. Revenue saw a slight rise to Rs 22,438 crore. The airline navigated disruptions from the Middle East conflict and foreign exchange volatility. Despite these challenges, IndiGo maintained a strong balance sheet and liquidity.
ET Alpha Wealth Summit: Mapping the road to India’s next growth wave
https://economictimes.indiatimes.com/markets/stocks/news/et-alpha-wealth-summit-mapping-the-road-to-indias-next-growth-wave/articleshow/131390706.cms
India's strong economic growth faces scrutiny as global conditions remain uncertain. The ET Alpha Wealth Summit on June 4 in Mumbai will feature top economists and finance experts to analyze the durability of India's growth momentum. Discussions will cover consumption vs. investment-led growth, private capex revival, and wealth creation opportunities.
https://economictimes.indiatimes.com/markets/stocks/news/et-alpha-wealth-summit-mapping-the-road-to-indias-next-growth-wave/articleshow/131390706.cms
India's strong economic growth faces scrutiny as global conditions remain uncertain. The ET Alpha Wealth Summit on June 4 in Mumbai will feature top economists and finance experts to analyze the durability of India's growth momentum. Discussions will cover consumption vs. investment-led growth, private capex revival, and wealth creation opportunities.
Sebi fines Suzlon Energy Rs 29 crore for misleading financial statements; promoters, executives also penalised
https://economictimes.indiatimes.com/markets/stocks/news/sebi-fines-suzlon-energy-rs-29-crore-for-misleading-financial-statements-promoters-executives-also-penalised/articleshow/131393536.cms
SEBI has fined Suzlon Energy Rs 29 crore and several former executives for misrepresenting financial statements, inflating profits via circular transactions, and failing to disclose contingent liabilities, actions deemed serious violations of market regulations and disclosure norms.
https://economictimes.indiatimes.com/markets/stocks/news/sebi-fines-suzlon-energy-rs-29-crore-for-misleading-financial-statements-promoters-executives-also-penalised/articleshow/131393536.cms
SEBI has fined Suzlon Energy Rs 29 crore and several former executives for misrepresenting financial statements, inflating profits via circular transactions, and failing to disclose contingent liabilities, actions deemed serious violations of market regulations and disclosure norms.
PB Fintech sees Rs 665 crore block deal as founders pare stake; Goldman among other top funds buy
https://economictimes.indiatimes.com/markets/stocks/news/pb-fintech-sees-rs-665-crore-block-deal-as-founders-pare-stake-goldman-among-other-top-funds-buy/articleshow/131394439.cms
PB Fintech founders Yashish Dahiya and Alok Bansal sold 38 lakh shares worth Rs 665 crore in a block deal. The shares were purchased by various institutional investors, including Goldman Sachs and Tata Mutual Fund, following the company's recent performance.
https://economictimes.indiatimes.com/markets/stocks/news/pb-fintech-sees-rs-665-crore-block-deal-as-founders-pare-stake-goldman-among-other-top-funds-buy/articleshow/131394439.cms
PB Fintech founders Yashish Dahiya and Alok Bansal sold 38 lakh shares worth Rs 665 crore in a block deal. The shares were purchased by various institutional investors, including Goldman Sachs and Tata Mutual Fund, following the company's recent performance.
Supreme Court provides relief to Reliance in 2007 securities market fraud case
https://economictimes.indiatimes.com/markets/stocks/news/supreme-court-provides-relief-to-reliance-in-2007-securities-market-fraud-case/articleshow/131394997.cms
Reliance Industries Ltd received relief from India's Supreme Court. The court overturned a lower court ruling and a 2020 order by the markets regulator. This order had alleged manipulative trading practices by the company. The Supreme Court directed SEBI to refund 2.5 billion rupees to Reliance. The case involved a stake sale in Reliance Petroleum Ltd.
https://economictimes.indiatimes.com/markets/stocks/news/supreme-court-provides-relief-to-reliance-in-2007-securities-market-fraud-case/articleshow/131394997.cms
Reliance Industries Ltd received relief from India's Supreme Court. The court overturned a lower court ruling and a 2020 order by the markets regulator. This order had alleged manipulative trading practices by the company. The Supreme Court directed SEBI to refund 2.5 billion rupees to Reliance. The case involved a stake sale in Reliance Petroleum Ltd.
RBI warns West Asia war may hurt India growth outlook
https://economictimes.indiatimes.com/markets/stocks/news/rbi-warns-west-asia-war-may-hurt-india-growth-outlook/articleshow/131402558.cms
The central bank said the impact of the conflict is likely to remain contained in the near term but warned that an escalation could derail India's otherwise positive growth trajectory.
https://economictimes.indiatimes.com/markets/stocks/news/rbi-warns-west-asia-war-may-hurt-india-growth-outlook/articleshow/131402558.cms
The central bank said the impact of the conflict is likely to remain contained in the near term but warned that an escalation could derail India's otherwise positive growth trajectory.