The FinTech Hub
Source: Live Mint UltraTech Cement Ltd has two primary goals in FY26: to gain more market share and boost cost efficiencies. The company, which has been on an acquisition spree, eyes double-digit like-to-like volume growth in FY26, ahead of the industry’s estimated 7-8% growth. UltraTech saw some demand weakness when FY26 began due to heatwaves…
Source: Live Mint Stock market news: The equity benchmarks Sensex and Nifty 50 rose over 6 percent in the past four trading sessions due to a temporary halt in tariffs by the US, the return of foreign investors to the domestic market, and forecasts for above-normal rainfall during the upcoming southwest monsoon season, all of…
Source: Live Mint Here’s a quick look at stocks likely to be in focus in today’s trade. Bajaj Finance reported a strong performance for the fourth quarter of FY25, with its assets under management (AUM) rising 26 percent year-on-year to ₹4.17 lakh crore as of March 31, 2025. The company added approximately ₹18,700 crore to…
Source: Live Mint The momentum is fuelled by a recovery in infrastructure spending, industry consolidation, and rising prices—all of which favour dominant players. With government-led capex driving demand and competition weeding out smaller players, UltraTech is poised to gain further ground. Read this | Is the cement sector consolidation at its fag end? But challenges…
Source: Live Mint View Full Image Source: TradingView AB Infrabuild operates in the infrastructure and construction sector, which has seen robust growth due to government initiatives and increased spending on urban development projects. The company’s stock has delivered impressive returns, with a 113% gain over the past year, outperforming its sector peers. In the December…
Source: Live Mint Dividend stocks India: Infosys Ltd, HDFC Bank Ltd, UltraTech Cement Ltd, Asian Paints Ltd and Coforge Ltd are the five dividend stocks to declare interim dividend in the coming months April to May 2025. HDFC Bank has announced that a meeting of the Board of Directors is scheduled to be held on…
Source: Live Mint By the end of FY25, it is targeting a high single-digit market share. It is expected to be the second largest player in terms of installed capacity and brand visibility in decorative paints, an industry estimated at ₹76,000 crore. Behemoths like Asian Paints are still dealing with this shock. A similar trajectory could unfold…
Source: Live Mint Aditya Birla Group-owned UltraTech Cement’s board of directors on Tuesday, February 25, announced that the company has approved the demerger of Kesoram Industries Limited and a ₹1,800-crore capex investment, according to an exchange filing. The cement maker’s board has agreed to issue one equity share of ₹10 each for every 52 equity…
Source: Live Mint The big day is here! FM Sitharaman will deliver her 8th Budget speech at 11 a.m. Even though it’s a Saturday, stock markets (BSE and NSE) will remain open. This will be her second full Budget under Modi 3.0 and her eighth overall, including six annual and two interim Budgets during the…
Source: Live Mint Stock Market News: The domestic benchmark indices, Nifty 50 and Sensex, experienced losses on Friday, marking the third consecutive week of declines amid rising worries about slowing corporate earnings. The Nifty 50 closed down 0.49% at 23,092.2, while the Sensex dropped 0.43% to settle at 76,190.46. Throughout the trading session, both indices…
