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Electronic Manufacturing Services (EMS) firm Cyient DLM on Tuesday reported 27.7 per cent decline in consolidated net profit at Rs 22.44 crore for March quarter FY26.
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HCL Technologies announced a Rs 24 interim dividend for FY27 with April 25 as record date. Q4 net profit rose 4.2% YoY to Rs 4,488 crore, while revenue grew 12% YoY, marking continued growth and consistent shareholder payouts.
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U.S. stocks edged higher as UnitedHealth Group reported stronger-than-expected profits, nearing all-time highs. Oil prices remained stable amid cautious optimism that the U.S. and Iran will avoid an economic worst-case scenario, despite ongoing conflict and stalled negotiations.
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A valuation scan highlights nine NSE midcap stocks trading below industry PE averages, including Hindustan Petroleum Corporation and Suzlon Energy, indicating potential undervaluation, though low PE may also reflect growth concerns or underlying business risks.
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