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Space analytics firm HawkEye 360 raised $416 million in its U.S. IPO after pricing shares at $26 each, the top end of its target range, valuing the company at around $2.42 billion. The strong debut highlights rising investor appetite for defense and space-tech firms amid improving IPO market momentum.
Global markets are ignoring geopolitical tensions, focusing instead on robust corporate earnings and the excitement around artificial intelligence. Investor sentiment is positive on Wall Street and in parts of Asia. Strong financial sector performance and gains in technology companies are driving this optimism. This trend suggests a market prioritizing growth over immediate global risks.
Hero MotoCorp shares surged nearly 4% after Jefferies upgraded the stock to ‘Hold’ following strong Q4FY26 earnings. The company reported a 30% rise in net profit and announced a total FY26 dividend of Rs 185 per share. Brokerages remained divided on the stock’s outlook amid improving demand and margin concerns.
Market expert Dipan Mehta finds India's current earnings season strong. He notes that future quarters will test corporate India due to potential Iran-US war impacts. Mehta favors pharma stocks for their growth potential and attractive valuations. Specialty chemicals are seen entering an upcycle. He suggests caution on cable stocks due to valuations. Auto stocks remain a preferred sector for investment.

Skyroot Aerospace has raised $60 million at a $1.1 billion valuation, becoming India's first spacetech unicorn, backed by Singapore's GIC and billionaire Ram Shriram's venture firm. The raise comes weeks before the planned launch of Vikram-1, India's first privately developed orbital rocket.
Vedanta's mega demerger has spun off four new companies, impacting dividend payouts for its 21 lakh shareholders. While the parent company is expected to remain dividend-paying, its absolute dividend per share will likely decline. Investors will now need to assess each demerged entity's cash flow and growth plans for future income.
HFCL shares extended their sharp rally for a fifth straight session after strong Q4FY26 earnings and fresh telecom orders boosted investor sentiment. The stock has nearly doubled in a month amid improving profitability, strong revenue growth and momentum buying, though technical indicators suggest the counter may be entering overbought territory.
Bitcoin surged to $82,700 on optimism surrounding a US-Iran deal, which eased energy market concerns. However, it retreated to $80,000 as doubts emerged. Analysts note strong spot demand and institutional support, with Bitcoin dominance rising. Key levels to watch include $80,500 and a CME gap near $93,000.

Russia told foreign governments and organisations to evacuate diplomatic staff and citizens from Kyiv, saying a retaliatory strike would be inevitable if Ukraine tried to attack Moscow during May 9 World War II Victory Day celebrations.

A Bengaluru auto-rickshaw driver has gone viral after offering passengers “premium” add-on services such as fan usage, cold water and mobile charging for an extra fee. The unusual pricing chart pasted inside the vehicle has sparked debate and amusement online.
Bajaj Auto shares rose over 3% after the company posted its highest-ever quarterly profit of Rs 2,746 crore for Q4FY26, up 34% year-on-year, prompting bullish brokerage commentary. Revenue from operations climbed 32% to Rs 16,006 crore, while EBITDA rose 36% with margins expanding to 20.8%. The stock traded at Rs 10,656 on the NSE in Thursday trade.
Whirlpool shares plunged nearly 17% after the appliance maker cut its 2026 outlook, suspended dividends, and warned of further price hikes. Weak consumer demand, rising inflationary pressures, tariff uncertainty, and slowing housing activity continue to weigh on the company’s performance, while analysts remain cautious about the timing of any recovery.
Godrej Consumer Products shares dropped nearly 6% on Thursday despite reporting a 9.7% YoY rise in Q4 net profit and double-digit revenue growth. Brokerages remained positive on the stock, citing strong domestic volume growth, improving Indonesia business trends, and margin guidance for FY27, while warning of near-term input cost pressures and demand risks.
Hindustan Zinc has delivered exceptional returns of 1,400 times since Vedanta acquired it in 2002. An initial investment of Rs 1 lakh has grown to Rs 14 crore over 24 years. The company's operational and financial performance has seen significant growth. Brokerages remain positive on its future prospects.
SBI is expected to report a subdued March quarter as treasury losses likely offset stable loan growth and resilient margins. Brokerages expect modest profit growth, steady asset quality and stable credit costs, while investors will closely track management commentary on margins, deposits, loan growth and the impact of a lower interest-rate environment.
What looked like a light-hearted campaign moment during PM Narendra Modi’s West Bengal trail has now turned into a major fiscal concern after election results triggered expensive welfare promises. Economists estimate these poll pledges could impose a Rs 1.69 lakh crore burden on already stretched state finances.
The murder of Chandranath Rath, aide to BJP leader Suvendu Adhikari, ignited political tensions in West Bengal. The BJP accused TMC of fostering lawlessness after Rath was shot in Madhyamgram, prompting police investigations into the attack and possible involvement of hired killers.
KPIT Technologies shares fell sharply on Thursday. The automotive software firm reported a 33% year-on-year decline in net profit for the March quarter. This occurred despite a healthy 12% rise in revenue. Operating expenses increased significantly. The company's board recommended a final dividend. Management cited global uncertainties impacting the mobility sector.
Investors have a final opportunity today to purchase shares of 10 companies before they go ex-record date for dividends tomorrow, May 8. Notable companies include Central Bank of India, Laurus Labs, NALCO, and Premier Energies, with dividend payouts varying across the listed firms.
Polycab India shares jumped 6% to Rs 8,938.70 after the company posted stronger-than-expected Q4 results, triggering a wave of target price hikes by brokerages. Consolidated revenue rose 27% YoY, while EBITDA grew 13%. Analysts said the performance stood out despite geopolitical disruptions, weak March demand and channel destocking, with Citi setting the Street-high target at Rs 10,500.
The Indian rupee's significant fall presents a major investment opportunity. Experts advise focusing on export-oriented sectors like pharma, IT, and auto ancillaries. Metals also stand to benefit quietly. A long-term growth story is emerging in energy and power infrastructure, driven by data centers. Investors should accumulate power infrastructure stocks on dips and await clearer signals for domestic cyclicals.
Some Indian penny stocks have delivered exceptional returns. At least 18 companies, once trading below Rs 20, have grown to market capitalizations between Rs 3,000 crore and Rs 12,000 crore. This transformation occurred over the last five years. Sectoral tailwinds and improved business fundamentals fueled this growth.