Power Finance Corporation (PFC), one of India's leading public sector undertakings and premier infrastructure financing institutions, has successfully secured shareholder approval for its comprehensive FY26 financial statements, dividend proposals, and crucial board-level appointments. This decisive mandate highlights the unwavering confidence of institutional and retail investors in PFC's robust ...

Sun Pharmaceutical Industries reported a 26.2 percent year-on-year rise in consolidated net profit for the fourth quarter of FY26 at Rs 2,714 crore, supported by strong growth in its India business and innovative medicines portfolio. The company's board has proposed a final dividend of Rs 5 per equity share for FY26.Consolidated revenue from operations increased 13.6 percent on-year to Rs 14,559.8...

Shares of UltraTech Cement Ltd were largely flat in early trade on Tuesday after the company reported a strong Q4 FY26 financial performance and announced a record dividend payout. The stock was trading at Rs 12,000, down 0.08 percent, after ending Monday’s session marginally higher at Rs 12,010.UltraTech Cement reported a 21.2 percent year-on-year rise in net profit to Rs 3,000 crore for the Ja...

Coal India Ltd stock rose sharply in early trade on Tuesday after the company reported a steady Q4 FY26 performance, with earnings beating expectations on some fronts. The stock was trading at Rs 471.85, up 4.3 percent, making it the top gainer on the Nifty 50 index.The PSU coal major reported an 11.15 percent year-on-year rise in net profit at Rs 10,839 crore for the January-March quarter, compar...

Shares of Power Grid Corp were lower by about 3% in early trading on May 21 tracking the power transmission company's results for March quarter, and PGCIL's comment that the dividend for FY26 could be lower, reflecting an increased capital requirement.During its earnings call, Power Grid’s management indicated to analysts that the dividend payout might be lower, as it needs to retain more equity...