Latest business news
IOCL Q4 Preview: Indian Oil Corporation Ltd (IOCL), the state-owned energy major, is set to announce its fourth-quarter earnings for FY25 on Wednesday, April 30. Analysts are anticipating a subdued performance, largely due to weaker marketing margins, under recoveries in LPG, and pressure on refining spreads. Domestic brokerage Nuvama Institutional Equities expects IOCL’s EBITDA to…
New Delhi, Apr 28 (PTI) Markets regulator Sebi on Monday directed brokers to collect all other margins, except value at risk (VaR) and Extreme Loss Margin (ELM), by the T 1 settlement day. The decision has been taken due to the shift from T 2 to T 1 settlement cycle. Trading members or clearing members…
Mumbai: ICICI Bank expects its net interest margins to come under pressure in the months ahead, as the Reserve Bank of India’s repo rate cuts begin to bite. The private sector lender anticipates further easing from the central bank, a senior executive said on Saturday—offering a cautious outlook even as the bank reported strong earnings. …
Construction stocks :Road construction majors as PNC Infratech Ltd, Ashoka Buildcon, IRB Infrastructure Developers Ltd, KNR Constructions Ltd and others have seen their share price decline 10-36% year to date in 2025. While steep correction in the markets has also contributed to this decline, the rising competition is often sighted as a concern on margins….
Wipro Q4 Results 2024 Preview: IT major Wipro Ltd is set to conduct its board meeting on April 16 and 17 to consider its upcoming January to March quarter results for the fiscal year 2024-25. India’s fourth-largest information technology (IT) giant announced that the financial results will be approved by the company’s Board of Directors…