The company reported revenue growth of 174.5 per cent in Q4FY26 over the corresponding quarter last year, posting its highest-ever quarterly revenue of ₹715.5 crore
The company also announced that its board has declared a dividend of ₹5 per equity share of face value ₹10 each, amounting to 50 per cent for the financial year 2025-26
The sentiment was further supported by positive commentary from brokerages including MOFSL and Choice, who reaffirmed their 'Buy' ratings on Grasim Industries
Among the key announcements, L&T Technology Services has declared the highest dividend payout at ₹40 per share as final dividend, while Larsen & Toubro has announced a final dividend of ₹38 per share
Elara Capital downgraded Zee Entertainment Enterprises to Sell, while Motilal Oswal Financial Services retained Neutral amid weak ad demand and rising digital competition
The brokerage has, however, reaffirmed its 'Buy' rating on Eternal with a target price of ₹400 per share, and on Swiggy with a target price of ₹360 per share
Microscopic analysis, the company said, has confirmed the presence of pentlandite (nickel sulphide), chalcopyrite (copper sulphide), and pyrrhotite sulphides, providing further geological validation
While valuations across several utilities have rerated sharply and now trade above historical averages, the sector's structural growth drivers continue to support a favourable long-term outlook