NEW DELHI, India —IEX Q4 Results: Indian Energy Exchange (IEX) reported an 11% year-on-year increase in consolidated net profit for the January-March quarter of FY26, while revenue and EBITDA also recorded double-digit growth. The company posted a net profit of ₹130 crore, compared with ₹117 crore in the corresponding quarter a year earlier, and announced a final dividend of ₹2 per share.
टैग: Stock Market
Moderna Shares Surge After Cancer Vaccine Trial
NEW YORK, United States — Moderna shares surged in U.S. trading on Wednesday after the company and Merck reported positive Phase 3 results for their personalised mRNA cancer vaccine, Intismeran, in combination with Keytruda for melanoma patients. The breakthrough trial result also lifted Merck shares and became the standout development among several major premarket stock movers.
Asian Shares Rise as Fed Rate Hike Bets Fade
SYDNEY, Australia — Asian shares moved higher on Monday, August 17, as Chinese stocks led regional gains while the U.S. dollar weakened toward a two-month low. Investors were reassessing the chances of an imminent Federal Reserve rate hike after softer U.S. economic data reduced expectations for tighter monetary policy.
IRCTC FY27 Growth: Tourism, Catering Plans
NEW DELHI, India — Indian Railway Catering and Tourism Corporation (IRCTC) is looking to strengthen growth in FY27 by tapping a revival in spiritual tourism, expanding catering capacity and upgrading its digital platform, even as its first-quarter profitability remained broadly flat amid global pressures.
Upcoming Dividends, Stock Splits and Bonuses: Stocks in Focus This Week
MUMBAI, India — Several Indian stocks, including Bandhan Bank, Manappuram Finance, RVNL, Mazagon Dock Shipbuilders, LIC Housing Finance and Mahanagar Gas, are in focus this week amid corporate actions involving dividends, stock splits and bonus issues, according to the supplied market information.
NIFTY50 Weekly Outlook: Crude Oil, Fed Minutes and FII Activity in Focus
MUMBAI, India — The NIFTY50 is set to face several potential market triggers this week, with crude oil prices, minutes from the US Federal Reserve and foreign institutional investor activity highlighted as key factors for investors to monitor.