Synopsis: Man Infraconstruction Limited’s MICL Group announced on May 18, 2026, the acquisition of an ultra-luxury sea-view residential site off Bandstand, Bandra West, Mumbai, carrying an estimated GDV of Rs. 1,000+ crore. This is the group’s third luxury...
Synopsis: RailTel Corporation secured a Rs. 15.67 crore railway signalling contract from South Western Railway for double distant signalling work in the Jaipur division, strengthening its railway infrastructure order book and revenue visibility. RailTel Corporation...
Synopsis:- A morning block deal transferring 4.9 percent of equity for Rs.486.10 crore, combined with a Q4 FY26 PAT surge of over 13x to Rs.55.7 crore and an EBITDA margin recovery to 18.6 percent, sent shares of India’s only listed gaming company up as much as...
Synopsis: Alembic Pharmaceuticals Ltd reported a mixed operational performance for Q4 FY26, with revenue growth remaining steady while profitability witnessed a sharp sequential jump. The company posted a strong rise in net profit during the quarter, supported by...
Synopsis: HFCL has secured a new export order worth $11.07 million, equivalent to around Rs. 106 crore, for supply of optical fiber cables to an international customer. The order strengthens the company’s global telecom infrastructure business and comes amid rising...
Synopsis: NHPC reported a strong Q4FY26 performance with revenue from operations rising 20 percent YoY to Rs. 2,816 crore, while profit after tax surged 68.5 percent to Rs. 1,549 crore. Growth was supported by commissioning of new hydro and solar projects, higher...
Synopsis: Despite Maharashtra’s liquor policy disruption costing approximately Rs.359 crore in net sales value, United Spirits Limited posted FY26 NSV of Rs.12,448 crore up 7.6 percent with EBITDA margins expanding to 18.4 percent and free cash flow of Rs.1,374...
Synopsis: JSW Energy Limited executed a bulk deal on May 18, 2026, divesting 2.5 crore equity shares of JSW Steel Limited on the NSE, realising gross proceeds of Rs. 3,150 crore. Management called it a “strategic liquidity release,” but the market is...
Synopsis: Sportking India reported mixed Q4FY26 results with revenue from operations rising marginally to Rs. 637 crore, while net profit declined 7.3 percent YoY to Rs. 32.76 crore due to higher finance and operational costs. Despite Q4 margin pressure, the textile...
Synopsis: ICICI Prudential Life Insurance shares and its parent company are under intense focus today, May 18, 2026, following a blockbuster announcement by joint venture partner Prudential Plc. The UK-based insurance giant is acquiring a 75% controlling stake in...
