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 ICICI Prudential Life Insurance plunged nearly 9% on May 18, touching a more than two-year low of Rs 488.60, after promoter Prudential plc announced plans to reduce its holding in the insurer to 10%.The proposed stake reduction is linked to regulatory requirements tied to Prudential's acquisition of a 75% stake in Bharti Life Insurance Co..As of March 31, Prudential held a 21.91% stake i...

ONGC and Oil India shares climbed 6.6% and 9%, respectively, on May 12 after brokerage CLSA termed the government's royalty cuts on crude oil and gas production as a significant positive for the two companies.In an attempt to spur India’s domestic oil and natural gas sector amid the global crude oil crisis, the Indian government has rationalised royalty rates and methodologies for crude oil, nat...

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...