Reliance Industries Faces Technical Headwinds as Investors Pivot Toward Power and IT

Reliance Industries Faces Technical Headwinds as Investors Pivot Toward Power and IT

Market Pressure Mounts for Reliance Industries Reliance Industries (RIL) shares faced significant selling pressure during the trading session on Friday, May 15, as the stock slipped nearly 1.8 percent, acting as a primary drag on India’s benchmark indices. As a heavyweight component of the market, the decline has sparked broader concerns regarding investor sentiment and…

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Power Grid Corporation Reports 9.7% Profit Growth in Q4 FY26 Amid Revenue Headwinds

Power Grid Corporation Reports 9.7% Profit Growth in Q4 FY26 Amid Revenue Headwinds

State-owned utility giant Power Grid Corporation of India Ltd (PGCIL) announced its financial results for the fourth quarter of the 2025-26 fiscal year today, reporting a 9.7% year-on-year increase in profit to Rs 4,546 crore. Alongside the earnings report, the company’s board recommended a final dividend of Rs 1.25 per share, reflecting a continued commitment…

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Power Grid Corporation Reports Mixed Q4 Results Amid Strategic Capital Expansion

Power Grid Corporation Reports Mixed Q4 Results Amid Strategic Capital Expansion

Power Grid Corporation of India Limited (PGCIL) reported a 10 percent year-on-year rise in net profit for the fourth quarter ending March 31, 2024, signaling resilience despite missing broader market expectations on several key operational metrics. The state-run utility provider announced a final dividend of ₹1.25 per share, bolstering investor confidence as the company simultaneously…

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