Patanjali Foods has announced a second interim dividend of Rs 1.75 per share for FY26, amounting to 87.5% of its face value. Shareholders on record as of April 25, 2026, will receive this payout by May 20, 2026. This follows an earlier interim dividend of the same amount declared for the fiscal year.Read More
Tata Steel shares are nearing record highs, up 12% in April, as Nomura maintains a bullish outlook on India’s resilient steel sector. The brokerage believes global headwinds, including Chinese competition and Middle East conflict impacts, will have limited effect on major players’ earnings potential.Read More
Earnings season is here. Sandip Sabharwal sees banks as a strong sector. He prefers large private banks due to asset quality. IT is steady but not exciting. FMCG companies face rising costs. Real estate offers selective value. Housing finance and microfinance are areas to avoid for now. Sabharwal’s view is constructive with caution.Read More
Kevin Warsh faces a crucial Senate hearing as lawmakers assess his views on monetary policy, inflation and central bank independence. Nominated to succeed Jerome Powell, Warsh must address concerns over his record and evolving stance on interest rates, with the outcome set to influence the Federal Reserve’s future direction and credibility.Read More
Monolithisch India promoter Prabhat Tekriwal has seen his pre-IPO stake surge by 3,390% to Rs 100 crore. The SME company, a remixed high-quality ramming mass manufacturer, listed on NSE Emerge with a significant premium. Experts advise caution due to high valuations and a broader corrective phase, suggesting a wait-and-watch approach.Read More
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