HUL Q2 Results: Hindustan Unilever announced a net profit of Rs 2,685 crore for the second quarter of FY26, a 3.6% increase year-on-year. This growth was boosted by a one-time tax settlement. Revenue saw a modest rise to Rs 16,241 crore. The company declared an interim dividend of Rs 19 per share.Read More
Nomura initiated coverage on Tata Steel with a ‘buy’ rating and a price target of Rs 215, citing five growth drivers, including strong domestic demand, cost advantages, and European turnaround prospects. The brokerage expects sustainable growth, improved asset utilisation, and profitability for Tata Steel Europe, while highlighting potential risks like high iron ore prices.Read More
Shares of smallcap firm Sikko Industries surged over 10% after announcing its first-ever stock split in a 1:10 ratio and a 1:1 bonus issue. The move aims to enhance liquidity and shareholder value by increasing the stock’s float and boosting market participation.Read More
Indian benchmark indices Sensex and Nifty are nearing all-time highs, driven by expectations of an earnings revival and renewed foreign inflows. Strong festive demand, tax cuts, and policy support are anticipated to boost corporate profits in the latter half of FY26. Hopes of a significant India-U.S.Read More
Hindustan Unilever Ltd (HUL) has announced an interim dividend of Rs 19 per share for its eligible shareholders, with a record date of November 7 and payment on November 20. The FMCG major reported a consolidated net profit of Rs 2,694 crore for Q2FY26, a 4% increase from the previous year, while revenue from operations...Read More
Moody’s raises annual revenue and profit forecasts, driven by strong analytics momentum, robust bond issuance, and private credit growth. Shares gain 1.5% in premarket; CEO highlights strategic investments paying off.Read More
United Breweries shares: Heineken NV’s India business saw mid-single-digit beer volume decline in Q2, but net revenue rose similarly, boosted by strong pricing, a premium brand mix, and resilient demand despite heavy monsoon impact.Read More
The Indian Rupee gained 13 paise against the US Dollar in early trade today. Optimism surrounding a US-India trade deal boosted investor sentiment. Foreign fund inflows and a positive trend in domestic equities also supported the Rupee. Traders are watching global cues and economic data for further market direction. The Sensex and Nifty saw significant...Read More
RIL shares: The company reportedly bought at least 2.5 million barrels of Middle Eastern crude, signaling a potential shift in sourcing amid geopolitical pressures and Western calls to cut Russian oil dependence.Read More
As Samvat 2082 begins, Indian investors are reminded that stock prices follow earnings. The Sensex rose just 3% in the previous year, its weakest in three years, due to slowing corporate profits. Strategist V K Vijayakumar notes that despite global challenges, fiscal and monetary reforms are starting to support a potential earnings-led market recovery.Read More
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